URATEX PHILIPPINES – TO SOURCE 25% OF ENERGY REQUIREMENT THRU SOLAR PV FACILITY
September 26, 2017
Uratex Philippines reported savings on energy bill reached 5% with the use of 500 kWp grid-tied photovoltaic (PV) system after the first three months of its operation. The leading foam manufacturer in the country was aided by PV2 Energie, a Germany-based renewable company, in installing almost 2,000 solar panels on its plant located at Alabang, Muntinlupa City.
“Many people ask us why do we need to switch into solar power? It was an opportunity so enticing, you help save the planet for the future generation and save some money for your company,” said Mr. William Lee, Executive Vice President of the RGC Group of Companies/Uratex Philippines.
Reports and initial assessment for the first three months confirmed 18% of the company’s energy requirement was sourced through its newly installed solar PV facility. Hence, Uratex Alabang is expected to obtain 25% of its total energy requirements from the solar PV facility on its full capacity.
“We will certainly consider similar opportunities for the rest of our 15 locations in the Philippines,” Mr. Lee added.
The use of 500 kWp grid-tied PV system is expected to reduce carbon dioxide emission up to 389, 053 kg/year.
Uratex takes actions to respect humanity, protect the environment, promote wellness and invest for the future generation.