Nueva Ecija Solar Farm

The Nueva Ecija Solar Farm is a 500 MW solar power plant currently under construction in Peñaranda, Nueva Ecija to be developed by Solar Philippines. When completed it will be the largest solar power facility in the Philippines by capacity.

The project for the Nueva Ecija solar farm was first conceptualized in 2016. It would be built in phases with the first phase to produce 225 MW. Construction is planned for late-2021.

The facility will be operated under Solar Philippines' subsidiary SP New Energy Corporation (SPNEC).

SPNEC's Manuel Pangilinan announced on March, 2024 plans to sell 40% of the equity in Terra Solar Philippines Inc. to get more investors to build a P200-billion cache. "The investment [for the project] would be at Terra Solar, which is 100 percent owned by SPNEC. Most likely, foreign investors will come in for an up to 40-percent equity stake at the Terra Solar level," Pangilinan said.