Solar Philippines Nueva Ecija Corp. (SPNEC) has signed a power supply agreement (PSA) with Angeles Electric Corp. (AEC), the third-largest distribution utility in Luzon, to be sourced from SPNEC’s Nueva Ecija solar farm.
Based on the terms published on the Department of Energy (DoE) website, SPNEC will supply AEC approximately 97.8-megawatt hours per day from 6 a.m. to 6 p.m. for 10 years.
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