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Manila Bulletin devider Business devider The Stock Market devider EEI unit installs rooftop solar panels in Laguna factory

EEI unit installs rooftop solar panels in Laguna factory

Published Feb 29, 2024 07:46 am

EEI Corporation reported that its power arm EEI Power Corporation (EEIPC) has completed the installation and commercial operation of a 235.44kWp Solar PV Rooftop System at the newly constructed building I-PEX Philippines Inc. in Biñan, Laguna.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said this project came into fruition out of the joint marketing efforts of EEI Power and Nippon Steel Trading Corporation's Manila office. 

eei power.jpg

Comprised of 428 pieces of VSUN 550-watts monocrystalline solar photovoltaic panels, the 235.44kWp Solar PV Rooftop System is estimated to produce 297,330kWh annually and is anticipated to mitigate I-PEX’s carbon footprint by an estimated 116 metric tons a year. 

This is equivalent to saving 50,675 liters of gasoline annually and planting 3,480 new trees. Additionally, the system will reduce I-PEX's reliance on conventional energy sources. 

This eco-friendly project aligns with the global push towards renewable energy solutions and showcases both EEIPC's and IPEX's dedication to environmental stewardship.

"Our partnership with EEI Power on this solar rooftop project is a testament to our dedication to environmental sustainability and innovation,” said I-PEX Philippines Vice President Takeshi Hanazawa.

He added that “this is aligned with our goal of reducing our carbon footprint and showcase the importance of adopting eco-conscious solutions. We look forward to the positive impact this project will have on both our business and the environment, setting an example for responsible corporate practices in the country."

EEI Power affirms the partnership of both companies on sustainability endeavors.

"We are thrilled to work with I-PEX Philippines on this worthwhile initiative. By harnessing the power of the sun, we are confident that I-PEX will not only enjoy long-term cost savings but also set a remarkable example for other businesses to adopt sustainable energy practices," said EEI Power General Manager Salvador M. Salire, Jr.

I-PEX is renowned for its diverse range of products and services, catering to various industries. The company specializes in designing and manufacturing of connectors, sensors, and semiconductor manufacturing equipment. 

Over its 60-year history, I-PEX excels in the manufacturing of precision plastic molded products for automotive and computer applications while supplying an array of manufacturing equipment.

EEI Power, on the other hand, is a power generation company that also offers a wide range of electrical equipment, services and solutions. As part of its commitment to sustainability and green energy initiatives, it has been establishing itself in the solar rooftop space. 
 

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