Land lease pact

SunRay Power Inc. chairman Salvador “Buddy” Zamora (left) hands in a check for P26 million to the Bases Conversion and Development Authority through its chairman, Gregorio D. Garcia for the two-year advance lease of the 260-hectare property at the New Clark City. SunRay, formed to invest and develop renewable energy projects in the Philippines, is planning to put up a 100-megawatt solar project within New Clark City.