Businesses in the southern Philippines have secured an 8.4-megawatt renewable power contract, which will reduce energy costs and power shopping centers and farms with clean electricity, according to CleanTechnica.
The deal connects renewable energy developer Berde with three shopping centers owned by KCC and a facility run by Biotech Farms in Mindanao. The arrangement requires no upfront payment from the businesses, as Berde handles all costs for building and maintaining the solar systems.
The solar installations will produce about 13 million kilowatt-hours of electricity each year. This translates to roughly 5.8 million pesos in reduced energy expenses every month for the participating businesses.
The project will prevent 9,600 tons of carbon dioxide from entering the atmosphere annually. It equals removing thousands of cars from roads each year.
For local businesses, the switch means predictable energy costs and protection from price spikes. The southern Philippine island has struggled with power supply issues, making stable solar energy particularly valuable for companies needing reliable electricity.
The zero-investment approach removes the biggest obstacle preventing businesses from switching to solar power. Companies can now access renewable energy without spending millions on equipment and installation.
Mitsubishi Electric’s efficient heating and cooling HVAC solutions can help you stay comfortable no matter the weather or region. You can even regulate temperatures in each room with individually controlled all-electric heat pump systems.
With an energy-efficient, all-climate system from Mitsubishi, you can reduce the amount of energy needed to heat and cool your home, receive up to $2,000 in tax credits, and get peace of mind knowing you’re choosing rigorously tested, high-quality products.
|
This partnership could inspire other Philippine businesses to adopt similar arrangements. When retailers and agricultural operations embrace solar power, smaller companies often follow suit.
The Mindanao project shows how businesses across Southeast Asia can reduce operating costs while supporting cleaner air for their communities. One CleanTechnica commenter expressed optimism about the development, writing: “Thank you for the good news, hopefully a sign for much more.”
Installing solar panels is the ultimate home energy hack, as it can reduce your energy costs to nearly zero. EnergySage’s free service makes it easy to compare quotes from vetted local installers. Qualifying customers can save up to $10,000 on solar installations.
Going solar also makes other money-saving electric appliances, such as heat pumps, even cheaper to run. Mitsubishi can help you find the right affordable heat pump.
Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.
link