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Manila Bulletin devider Business devider The Stock Market devider Yuchengo Group switch on Mapua rooftop solar project

Yuchengo Group switch on Mapua rooftop solar project

Published Jul 9, 2024 12:09 am

Mapúa Malayan Colleges Mindanao (Mapúa MCM) and renewable energy developer PetroGreen Energy Corporation (PGEC), both members of the Yuchengco Group, have switched on their 360 kilowatt peak (KWp) solar rooftop power project in Davao City.

In a disclosure to the Philippine Stock Exchange (PSE), PGEC's parent company PetroEnergy Resources Corporation said this follows the signing of an agreement last Feb. 13, 2024 by Mapúa MCM and PGEC to install the rooftop power project consisting of 600 units of 600wp solar panels in the school’s two main buildings. 

MMCM issued the Notice to Proceed on May 17, 2024, and the installation took less than three months to complete.

“We are pleased to share this milestone with the entire Mapúa MCM community. The successful completion and activation of this solar rooftop project is a testament to the institution’s commitment to embracing technological advancement and education, promoting sustainable energy solutions, and creating a more eco-friendly campus environment,” said Mapúa MCM President and Chief Executive Officer Dodjie S. Maestrecampo.

He added that “we have once again demonstrated our pro-active stance towards environmental stewardship through this initiative." 

“Moreover, this project will not only help us achieve a more energy-efficient campus but will also provide invaluable hands-on learning opportunities for our students in energy science, engineering, and environment-related courses,” he also said.

PGEC President and Chief Executive Officer F. G. Delfin Jr. said, “we thank Mapúa MCM for their trust in PGEC’s track record and our contractor Equinox Synergy for their exemplary performance. We are delighted to contribute not only to Mapúa MCM’s savings in electricity cost but also in advancing its sustainability journey.”

“In switching on this 360 KWp rooftop solar project, PGEC is putting online our second RE project in 2024 following the commissioning started last April 4, 2024, of our Nabas-2 wind farm in the much-starved Panay grid. PGEC is committed to investing in more and bigger capacity RE projects in Mindanao and throughout the country,” he noted.

PGEC has investments in the 32-megawatt Maibarara Geothermal Power Project in Batangas, the 50MW Nabas Wind Power Project in Aklan, and the 70MWdc Tarlac Solar Power Project in Tarlac. PGEC is actively expanding its RE portfolio with new solar and offshore wind energy projects nationwide.

Mapúa MCM is a part of the iPeople schools, a Yuchengco-Ayala education partnership, providing first-class education for a century through academically excellent programs in Engineering and Architecture, Arts and Science, Information Science, Business, Health Sciences, and Junior and Senior High School. 
 

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