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A Japanese trading firm Sumitomo Corp is planning to build the largest solar power generating plant in southeast Asia. The Osaka-based firm has received a 4.5 million order to design and build the plant in the Philippines from Cagayan Electric Power and Light Co (CEPALCO), a private utility company based in southern Philippines. Sumitomo hopes to make the Philippines project the first step in creating a solar energy market in Asia. Globally, solar energy demand has grown at about 25 per cent annually over the past 15 years.