Capitalizing on a sunrise industry - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 68%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

LEANDRO LEVISTE was only 20 years old when he said he started investing in Tesla and Solar City, both US companies that specialized in manufacturing solar panels.

Solar Philippines started with rooftop installations, where the company would import solar panels from China. The company completed the first solar panel rooftop installation at the Central Mall in Biñan City, Laguna, followed by the SM City North EDSA project where 5,760 solar panels were installed — the largest solar-powered rooftop installation at a mall in the country.

Solar Philippines claimed it is currently the largest solar energy production company in Southeast Asia with over 400 megawatts of operating or under construction and 10 gigawatts under development. It currently has solar farms in Batangas, Nueva Ecija and Tarlac. Solar Philippines started providing large-scale solar energy rather than going into retail because installing rooftop panels was difficult to do one customer at a time. With its solar farm model, the company can create much more generation to supply the country’s energy needs, helping to reduce overall power costs and ensure energy sufficiency. Mr.

According to Mr. Leviste, Solar Philippines’ biggest CSR contribution is being able to provide the country with low-cost solar energy, setting the benchmark for lowering energy costs.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PH, France sign agreement strengthening maritime industryThe Philippines’ Maritime Industry Authority announced that it signed a memorandum of agreement with the French Embassy in the Philippines boosting maritime safety and security in the country. | zacariansINQ
Source: inquirerdotnet - 🏆 3. / 86 Read more »

SPECIAL REPORT Solar power lights up, enhances productivity in remote SouthCot IP villageSolar panel system powers communities in Barangay Ned in Lake Sebu, South Cotabato. MindaNews photo by BONG S. SARMIENTO LAKE SEBU, South Cotabato (MindaNews / 13 November) – For the Manobos in Sit…
Source: mindanewsdotcom - 🏆 10. / 68 Read more »

Calendar girl Kylie Verzosa hails improving mental health landscape in the Philippines“Over the past few years, I believe it has been improving, especially with the youth today. They accept depression and it’s widely spoken about. Anxiety is widely spoken about by the youth,” Verzosa said. | diyarista /PDI diyarista Marami ang magkakaroon ng depression sa 2023 yan ang nakikita ko sa 2023
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Iloilo lass crowned Miss Teen International Philippines 2022Angel Jed Latorre from Iloilo bested 14 other aspirants for the 2022 Miss Teen International Philippines title in ceremonies staged at Tanghalang Pasigueño in Pasig City on Nov. 12. | diyarista /PDI
Source: inquirerdotnet - 🏆 3. / 86 Read more »

World-famous Bb.q Chicken from Korea is now in the PhilippinesTime to stuff your belly with much-loved fried chicken offerings from the world-famous Bb.q Chicken from Korea 😋🍗 | via philstarlife
Source: PhilippineStar - 🏆 7. / 71 Read more »