Philippines: Meralco forms renewable energy unit, bares project

Philippines: Meralco forms renewable energy unit, bares project

Manila Electric Co., the biggest retailer of electricity, launched Friday
its renewable energy unit Spectrum and teamed up with Robinsons Novaliches
to build a 1.87-megawatt solar project.

Meralco said in a statement Spectrum's launch signaled its foray into
renewable energy and other technologies as part of its commitment to
sustainability.

"The Meralco brands if expertise in energy puts Spectrum in a unique
industry position as we move towards our mission to be a one-stop-shop for
renewable energy solutions," Spectrum president Jose Rainier Reyes said.

He said Spectrum aimed to provide tailor-fit solutions for industrial,
industrial and residential customers through their in-depth understanding of
energy consumption behaviors and the company's strategic partnerships with
world-class technology partners.

"We strive for continued innovation and to be at the cutting edge of
renewable technology," Reyes said.

Spectrum offers customers outright purchase and lease or managed services.

Aside from reducing the cost of energy and generating power from clean
sources, solar adoption monetizes the roof, enhances property value and
reduces utilization of air-conditioning units since solar panels provide
insulation from the heat of solar radiation.

Robinsons Land Corp. president Frederick Go supported the company's move
towards solar adoption.

"We are very interested in exploring solar technology and are glad that by
doing this, we are also able to promote sustainability and social
responsibility," Go said.

Spectrum offers its partners end-to-end technical capability with Meralco
trained engineers. It is supported by world-class service and product
providers.

These ensure costumers with quart and safety of installed PV systems while
enabling them to work within financing options that fit them.

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com