Solar Philippines ventures into developing ‘energy zone’ areas

SOLAR Philippines has formed a new business called Solar Energy Zones, Inc. (SEZ) which seeks to develop areas conducive to hosting solar facilities for other power companies.

In an e-mailed statement over the weekend, the renewable energy (RE) firm said SEZ is in the process of finalizing agreements covering 10,000 hectares to develop solar energy zones, which will be mostly located near its existing power projects in Batangas, Tarlac, and Nueva Ecija.