Corporate News

Uratex taps German firm for solar PV system

Posted on March 29, 2017

PV2 ENERGIE Philippines, Inc. is set to complete by end-March a 500-kilowatt peak (kWp) solar photovoltaic (PV) system for Uratex Philippines, Inc., which is expected to cut the foam and mattress maker’s electricity bill by around 20%.

Uratex Philippines’ solar photovoltaic system is located at its plant in Brgy. Cupang, Muntinlupa City. -- COMPANY HANDOUT
The system will yield a total output of 668,018 kWh yearly at full capacity, local unit of the German renewable energy company said about the project.

“Utilizing solar energy, which is practically free and abundant, will not only benefit companies in terms of lowering electricity costs,” PV Director Chris Hannen said in a statement on Tuesday.

“On a larger scale, it will help the Philippines reduce their carbon footprint and effectively contribute to address global climate change,” he added.

The project’s completion brings the total solar rooftop capacity installed by PV2 Energie to 1.5 megawatts since it started project development in the country in 2014, the company said.

The Uratex PV system at its plant in Brgy. Cupang, Muntinlupa City is the latest project to be completed by PV2 Energie in the Philippines.

Its previous solar rooftop projects include Bengar Industrial Corp.’s 100 kWp in Quezon City; Oriental Tin Can & Metal Sheet Manufacturing Co., Inc.’s 623 kWp also in Quezon City; Sanitary Care Products Asia, Inc.’s 120 kWp in Mabalacat, Pampanga.

One of its upcoming projects is a 180 kWp solar project for Glacier South Refrigerated Services Corp., which holds office in Taguig City. The project is expected to be completed in April.

Asked about upcoming projects, PV2 Energie said it was negotiating several rooftop projects for customers’ own use, although it said it was not at liberty to disclose for now.

PV2 Energie said the project with Uratex had received support from two programs backed by the German government, namely: the KfW-DEG Up-Scaling programme and the worldwide dena Renewable Energy Solutions Programme coordinated by Deutsche Energie-Agentur (dena), the German energy agency.

The project was co-financed by the German Federal Ministry for Economic Affairs and Energy (BMWi) within the German Energy Solutions Initiative, it added.

PV2 General Manager Brenda Baylon said despite efforts by the government and various private organizations, many Filipinos still do not fully appreciate solar power technology.

“PV2 Energie hopes that through its projects, more companies will see the benefits of solar,” she said. -- Victor V. Saulon