"SSREC is a renewable energy developer that is in the process of developing a solar photovoltaic power project with a total capacity of 52 megawatts direct current in Samal, Bataan, Philippines," Vivant said in a statement.
"Meanwhile, SSREC's obligations to construct the plant and to supply the contracted energy is subject to the condition precedent of a successful financial close to secure debt financing for the project. The solar photovoltaic power facility is scheduled to be completed within the 2nd quarter of 2025," it added.
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