Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Manila Water expands solar projects

by
October 8, 2024
in Top News
0
Manila Water expands solar projects
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

MANILA Water Co., Inc. is expanding its renewable energy portfolio as it begins the installation of solar power systems with a total capacity of 2.5 megawatt-peak in its three facilities.

Manila Water will set up solar energy systems in Cardona Treatment Plant, East La Mesa Treatment Plant, and the San Juan Compound, the east zone concessionaire said in a statement on Tuesday.

The solar energy systems are estimated to generate 3.6 million kilowatt-hours per year and are expected to reduce greenhouse gas emissions by approximately 2,564 tons of carbon dioxide equivalent annually, as well as mitigate power costs.

“As a company whose business is heavily reliant on nature, it is imperative for us to be proactive in ensuring environmental sustainability across all aspects of our operations,” said Jeric T. Sevilla, Jr., Manila Water’s corporate communication affairs group director.

“The Decentralized Solar installation is just one of the many energy-saving measures Manila Water is undertaking as part of our Energy and Sustainability Masterplan,” he added.

Manila Water partnered with Ditrolic Energy last year for a 15-year solar facility power purchase agreement worth P217 million.

The three facilities are set for installation by the fourth quarter of this year.

Once completed, the company’s solar projects are expected to increase the facilities’ operational efficiency, benefiting residents of Metro Manila, Rizal province, San Juan City, and Quezon City.

“By investing in renewable energy sources such as solar power, Manila Water secures more sustainable operations while contributing to the broader goal of reducing the country’s dependence on fossil fuels,” the company said.

Manila Water serves the east zone network of Metro Manila, covering parts of Marikina, Pasig, Makati, Taguig, Pateros, Mandaluyong, San Juan, portions of Quezon City and Manila, and several towns in Rizal province. — Sheldeen Joy Talavera

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Art Jakarta’s steady growth: a bigger venue, more visitors

Art Jakarta’s steady growth: a bigger venue, more visitors

Recommended

‘Endo’ could scare away socially responsible investors, unions say

‘Endo’ could scare away socially responsible investors, unions say

October 31, 2024
Top 5 Canadian Mining Stocks This Week: Wealth Minerals Charges Up 64 Percent

Top 5 Canadian Mining Stocks This Week: Wealth Minerals Charges Up 64 Percent

January 26, 2025
The race for dependability: Missed opportunities in the Philippines’ oil and gas industry

The race for dependability: Missed opportunities in the Philippines’ oil and gas industry

September 12, 2024
Anna Mosley, Award-Winning Expert, Highlights Need for ‘EXTRAordinary Leadership’

Anna Mosley, Award-Winning Expert, Highlights Need for ‘EXTRAordinary Leadership’

November 14, 2024
Week Ahead: What Should You Do As Nifty Marches Higher Towards The Resistance Zone?

Week Ahead: What Should You Do As Nifty Marches Higher Towards The Resistance Zone?

April 20, 2025
Microsoft collaborates with ChangeX to launch new community fund in Newport, supporting local projects

Microsoft collaborates with ChangeX to launch new community fund in Newport, supporting local projects

November 19, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved