Petro Energy Resources Corp. (PERC) said its renewable energy arm, Petro Green Energy Corp. (PGEC), signed an agreement with Mapúa Malayan Colleges Mindanao (MMCM) for the installation of a 360 kilowatt peak (kWp) solar rooftop facility.
PERC said that under the agreement signed yesterday, PGEC will install 600 units of 600 watts solar panels from manufacturer, Canadian Solar.
Francisco Delfin Jr., PGEC president and chief executive officer, said in a statement the solar installation also aims to inspire students in Mindanao to specialize in energy science, engineering and environment-related courses.
“The journey towards a net-zero society requires efforts big and small. Though this 360 kWp MMCM rooftop solar project is very modest in terms of PGEC’s RE portfolio, it demonstrates the Yuchengco Group of Companies’ synergy in responding to tasks for a net-zero future,” Delfin added.
PGEC said the facility is expected to be completed by the second quarter of the year and will result in a 36 percent annual reduction in MMCM’s electricity cost for 25 years.
This is the company’s first RE project in Mindanao and second rooftop solar power project following the first successful installation in Binondo, Manila in 2021. -Jed Macapagal
