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, MSpectrum partner for solar power project

by
December 10, 2024
in Top News
0
Manila Water, MSpectrum partner for solar power project
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter
Balara Treatment Plant 2 — FACEBOOK.COM/MANILAWATER

MANILA Water Co., Inc. has tapped MSpectrum, Inc., Meralco’s solar subsidiary, to install 4.27 megawatt-peak (MWp) of solar power systems at its facilities.

In a statement on Tuesday, Manila Water said it signed a power purchase agreement with MSpectrum for the installation of the Phase 2 solar power project at its 10 facilities.

Construction of the solar power facilities is scheduled to begin in the first quarter of 2025.

Once completed, these are expected to generate 6.2 million kilowatt-hours (kWh) of power per year, reducing Manila Water’s grid demand to the equivalent consumption of 2,600 households.

“About two-and-a-half years ago, we started trying to germinate the idea of having solar [energy] inside the fence because it’s the responsible thing to do,” Manila Water President and Chief Executive Officer Jose Victor Emmanuel A. de Dios said.

“It makes sense not just for the environment and sustainability, but because power is a very large component of our operating expenses,” he added.

Earlier this year, Manila Water started the installation of Phase 1 solar power systems at three facilities: the Cardona Treatment Plant, East La Mesa Treatment Plant, and San Juan Compound.

With a total capacity of 2.5 MWp, the solar power systems are estimated to generate 3.6 million kWh per year.

“These facilities will not only deload the power grid; they will also reduce greenhouse gas emissions by approximately 2,564 tons of CO2 equivalent (CO2e) annually,” the water company said.

MSpectrum offers tailor-fit solar solutions for industrial, commercial, and residential customers “through an in-depth understanding of energy consumption behaviors and strategic partnerships with world-class technology partners.”

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
The Importance of Keeping Food Cool When In Transit

The Importance of Keeping Food Cool When In Transit

Recommended

41 close contacts of Pinoy with mpox isolated — DoH

41 close contacts of Pinoy with mpox isolated — DoH

August 21, 2024
Term deposit facility yields go down after BSP cut

Term deposit facility yields go down after BSP cut

December 26, 2024
PSBank net profit up 18% in 1st half

PSBank net profit up 18% in 1st half

August 5, 2024
PHL’s FTA with South Korea to take effect on Dec. 31

PHL’s FTA with South Korea to take effect on Dec. 31

December 23, 2024
We voted for change, now we desperately need it in hospitality

We voted for change, now we desperately need it in hospitality

November 3, 2024
“Actor Mem Ferda’s Poetry Collection ‘HAPPYAGONY’ Tops Amazon’s Hot New Releases Chart”

“Actor Mem Ferda’s Poetry Collection ‘HAPPYAGONY’ Tops Amazon’s Hot New Releases Chart”

December 5, 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
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved