WHY THE PHILIPPINES NEEDS TO TURN ON THE SUN

WHY THE PHILIPPINES NEEDS TO TURN ON THE SUN

REGINA ROME

Solar Digital Squad

Manila, Philippines

January 15, 2019

 

Solar is really the cheapest source of power

It’s true. Solar power is really, truly the cheapest source of power, most specifically in the Philippines, where it is the best alternative to power generation. This kind of power is easy and simple to generate with today’s affordable solar panels in the Philippines. It’s reliable, accessible, and affordable.

 

“A decade ago, solar tech was expensive and not exactly financially feasible. Now, with more nations getting onboard, and with higher demand, solar power has become affordable for the average consumer. It isn’t just a power source choice. It is ideally the only choice that makes any sense,” said Jade De Guzman, the Vice President of Solaric, the recognized leader in solar rooftop in the Philippines.

 

How low can you go?

Solar panel prices have dropped so low that records claim that the rates declined 90% in the last decade, and 50% in the last three years. Solar panel experts that studied prices of solar panels through the years concluded that the price per watt peak (Wp) panel was Php150 in the early 2000s, which is equivalent to Php150,000 for a 100-Wp solar panel. Now, however, the cost averages to just about Php15 per Wp, which translates to Php15,000 for a 100-Wp panel. Then: Php150,000. Now: Php15,000. The numbers back up the stats: 90% drop.

 

Who’s hopping in the backseat?

The common misconception among us Pinoys is that rooftop solar is just for the houses. The truth is, it is not just the households that are clamoring for solar and switching up to the good life. Many establishments are going solar and turning on the sun: schools, factories, ice plants, car dealerships, shopping malls, banks, buildings, condominiums, and more. Industry names that have tapped the rooftop solar potential Toyota, SM and Robinsons malls, De La Salle University, and Asian Development Bank. Well of course. Who wouldn’t want cheaper power? Once you install solar your solar panel in the Philippines, you can register with Net Metering. Then you get credited for your excess or surplus electricity. You join the Net Zero phenomenon, otherwise known as the #ZeroBill.

 

“Solaric has installed rooftop solar in over 2,000 homes and establishments nationwide. We’ve trained over 5,000 individuals on solar. The demand for knowledge and power is clear. There’s only one direction, and that’s renewable,” Jade states. “These are definitely exciting times in the power industry.”

 

For more information on solar power systems and solar panel prices, click here.

 

For more information, please visit www.solaric.com.ph or email us at info@solaric.com.ph call 5040092 or 09178603141.

 

We will gladly explain to you how the system works, or schedule a survey so we can give you options for your new home or existing homes or businesses.

 

At Solaric we Turn on the Sun.

 

Solaric is the leader in rooftop solar

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the Philippines and has delivered significant cost reductions in electricity expenses, as well as milestone contributions to a cleaner, greener, and renewable future. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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DO YOU NEED BATTERIES FOR SOLAR?

DO YOU NEED BATTERIES FOR SOLAR?

REGINA ROME

Solar Digital Squad

Manila, Philippines

January 13, 2019

 

Do you need batteries for Solar?

Not necessarily, since there is Net Metering, where the utility readily gets the excess energy from solar installations and credits you for it — like a virtual battery. For the most part, however, our clients in the Philipines want solar panels for bill reduction purposes and to maximize investments. In such instances, the solar power system does NOT need a battery.

 

We do, however, have some discerning clients who want the redundancy and the reliability of instant backup power that a battery can provide during power outages. They also want to maximize excess solar harvest by storing them in batteries for evening consumption.

 

Lithium Batteries are part of our technological toolbox as we have clients who ask for their capabilities. Batteries are needed if you need your solar setup to run during a power outage. Batteries provide a buffer when the sun is not enough and loads have to be supplied with sustained energy. Starting to get common in upscale households who are building new homes without a diesel generator and having things backed up with a Mega Solaric UPS.

 

At Solaric, we have installed hundreds of setups with batteries for consumers and even fulfilled military contracts around the world with our battery tech.  Yeah, we put batteries in systems that were not allowed to go down like RADAR or mission-critical communication systems. Our stuff is way beyond slapping a few Tesla power walls. We design custom systems that can run entire islands or radar facilities perpetually with no diesel, oil, or even grid.

 

For residential jobs, we have been putting out Lithium based batteries since 2016. Now we are introducing the SMILE Lithium battery hybrid system: a European design award winner and very popular in countries where the government actually pays the consumer to put in batteries to help manage the grid. It works like our regular grid-tie system but with a twist — a smart system that detects if there is excess power and diverts it proportionately to battery charging, before selling it to the utility for a discount. It also detects if the entire house is starting to use grid power and proportionately discharges the battery keeping grid power consumption to zero until the batteries run out. In times of calamities or power outages, it can supply a steady 5000w of critical loads until the batteries run out, and gets recharged by the sun the next day. It’s actually quite beneficial and self-sustaining if one only puts the essentials such as lights, fans, refrigerators, Wi-Fi on the always powered circuit.

We designed the system to be modular, battery capacities can be added by paralleling 5.7 kWh modules at a time and maxing out 15 kWh per inverter — or the capability to store 75% of a day’s sun harvest for brownout or peak time evening use.

 

These solar panels in the Philippines are installed and requested by those who are serious about planning for major earthquakes, typhoons, or dealing with areas with poor power availability.

 

Our lithium battery systems are not cheap, but they have a ten-year warranty on the battery components and are really milestones ahead in the market. We would also have to assess properly and ask some detailed questions about your appliances, budget, expectations, and the like.

 

Battery-based systems are more complex beasts. They cost about 40% to 70% more than our popular battery-less grid-tie systems. Yes, there is a price for peace — the price of having power in your house after a major storm, of having power during a blackout or earthquake. That in itself is priceless for most.

 

For more information on solar power systems and solar panel prices, click here.

 

For more information, please visit www.solaric.com.ph or email us at info@solaric.com.ph call 5040092 or 09178603141.

 

We will gladly explain to you how the system works, or schedule a survey, so we can give you options for your new home or existing homes or businesses.

 

At Solaric we Turn on the Sun.

 

Solaric is the leader in rooftop solar

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the Philippines and has delivered significant cost reductions in electricity expenses, as well as milestone contributions to a cleaner, greener, and renewable future. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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CONSUMERS ASK SOLARIC: HM FOR SOLAR?

CONSUMERS ASK SOLARIC: HM FOR SOLAR?

REGINA ROME
Solar Digital Squad
Manila, Philippines
December 27, 2018

 

The millennial question

The question is simple. It encompasses the meaning of multiple things but it is posted in the form of two letters: HM? The questions behind those two letters are endless. How much? What is the ROI? What is the capital investment? How much do I save? Everyone wants to know the cost of installing solar panels in the Philippines. They want to know, by asking those two letters, which option is more feasible: to install a solar power system or to keep paying a monthly electric bill until the end of time.

 

Contemplation stage

Some put it off, and others decide to do it later or put money into another investment. But as certain as the sun that will rise the next day, we absolutely guarantee that those without a solar investment are committed to continue paying one of Asia’s highest electricity rates.

 

The pay-off is forever

There is a growing percentage of people who use technology to solve problems. Solaric has been installing solar panels for the past 5 years, and our first batch of customers have fully rewarded with ROI for their solar investment. They are now getting free power from the sun. We have seen the birth of the rooftop solar industry from pricey per watt fringe science to becoming the cheapest and most available energy source, because every consumer becomes a producer of power. Forever.

 

Talk about net metering

Solaric was the pioneer behind Net Metering. We installed solar in the very first homes that sold power back to the utility company via Net Metering. This is how we made the battery obsolete, and this is how solar power became way cheaper than your Utility cost. It is by sizing solar installations properly that the system can effortlessly power daytime loads, and therefore sell surplus power back to the utility company. At night, the homes run on export credits. Net Metering is something that Solaric handles and processes every single day for our customers, although it is not yet fully understood by the typical, casual consumer.

 

Go ahead and ask: HM?

For questions like “magkano, HM, ROI atbp”: We need to know some information before we can give an accurate answer – typical monthly electric bill total, usual appliances that run during daytime, roof space feasibility. For a technical thing like energy systems, Solaric conducts free site inspections within Metro Manila. The quintessential question of HM can range anywhere from P35k to the legal maximum of P6.5M (e.g. 99.9kWp net metered installation).

For more information on solar power systems and solar panel prices, click here.

For more information, please visit this page,  email us at info@solaric.com.ph, or call us at 5040092 or 09178603141.

We will gladly explain to you how the system works, or schedule a survey so we can give you options for your new home or existing homes or businesses.

At Solaric we Turn on the Sun.

 

Solaric is the leader in rooftop solar

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the Philippines and has delivered significant cost reductions in electricity expenses, as well as milestone contributions to a cleaner, greener, and renewable future. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.

 

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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GLOBAL DEMAND FOR SOLAR EXPECTED TO REACH 112 GW IN 2019 – PV INFO LINK

GLOBAL DEMAND FOR SOLAR EXPECTED TO REACH 112 GW IN 2019 – PV INFO LINK

REGINA ROME
Solar Digital Squad
Manila, Philippines
December 1, 2018

 

There’s a solution to every problem

PV Info Link released data last week that meant a strong market increase of 25% for solar panles in the Philippines and across the world next year. PV Info Link analysts claim that 16 countries around the globe will increase its solar capacity by more than 1 GigaWatt. The module sales estimated for next year was at around 112 GW. Data was based on statistical numbers and solar targets of countries worldwide.

 

Huge population and huge solar capacity

Last year, China raked in its share of installed global PV capacity and records show that they installed more than half the world market. Although this is expected to decrease next year, Europe states are expected to increase their share of solar capacity.

 

Tell me what’s trending

Global trends expected next year include: increased partnerships and consolidation among manufacturers due to cost reduction, decreased prices for PV panels and solar products, larger or thicker modules, advanced solar technologies, increased solar product efficiency due to advances, developed bifacial modules, robots that clean solar panels, building-integrated PV (BIPV), drones that monitor solar farms, conduct preventive maintenance, further developments in inverters, and solar cars (specifically Kia and Hyundai).

 

What about the Pinoys?

The Solar Show Philippines 2019 says it loud and clear: The future is solar. With the Solar Adoption Act being brewed, the Philippines is clearly on the renewable path towards a more sustainable 2030. Philippines has joined the humanity in addressing global warming caused by greenhouse gas pollution. It’s almost 2019 and Filipinos are being ushered into the era of solar energy and sustainable living.

Solaric still has a lot of work to do. If the Philippines does its part to reverse climate change, our country needs to install at least 300 MegaWatts a year of solar rooftop,” says Mike De Guzman, President of Solaric Corp. Yes, the vision is promising in as much as it is inspiring. The solar revolution is just getting started.

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the country and has delivered significant cost reductions in electricity expenses. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.

 

For more information on solar power systems and solar panel prices, click here.

Visit this page, call +63.5040092, or email info@solaric.com.ph

 

 

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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COLD STORAGE FACILITY TURNS ON THE SUN AND SAVES 1.35 MILLION EACH YEAR

COLD STORAGE FACILITY TURNS ON THE SUN AND SAVES 1.35 MILLION EACH YEAR

How Solaric Benefits Cold Storage Facilities

 

REGINA ROME
Solar Digital Squad
Manila, Philippines
December 1, 2018

 

A cold storage facility located in the Dumaguete City, Negros Oriental invested in a 99.9 kWp Solaric System in December of 2016. Revisiting it two years later, join us as we take a peek at the actual numbers.

 

There’s a solution to every problem

In 2016, the cold storage company had two main concerns: they wanted to lower their monthly electricity expenses and they wanted to contribute to a safe and green planet. To address the situation, they approached Solaric Corporation, the industry leaders in solar panels in the Philippines. After hammering out the feasibility, details, and projections, the cold storage company made an outright purchase for the solar power system.

 

Turning on the sun

The Solaric System leverages a 99.9 kWp photovoltaic solar installation. The Solaric System was executed within a 45-day period, which included site inspection, securing of permits, and installation. As an investment, the solar installation was set to ROI in 5.6 years.

 

Figures in the raw

Exploring the figures in-depth and based on current solar prices and calculations, ROI will be achieved faster, within 4.5 years. Annual savings are up to 1.35 Million.

 

How that particular Solaric system saves the planet

By installing a Solaric System, the cold storage facility reduced the demand for fossil fuels, limited greenhouse gas emissions, and this shrinks its carbon footprint. To paint a clearer and more vivid picture of how the solar panel installation saves and protects the environment and its benefits, here are some facts derived from this particular solar installation case study in Dumaguete. This Solaric System reduces greenhouse gas emissions equivalent to those from 491 passenger driven vehicles per year. This translates to 307 tons of waste recycled instead of landfilled. The solar panel system also eliminates the same amount of carbon emissions that would result from 216 barrels of oil consumed, 10,502 gallons of gasoline consumed, and 9.7 tons of coal burned each year. The solar energy from this system will prevent CO2 pollution from going into the atmosphere every year, saving 2,417 tree seedlings grown for 10 years, and 45 hectares of forests in one year!

 

Leader in rooftop solar

Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Solaric has installed more than 50% of residential rooftop solar in the country and has delivered significant cost reductions in electricity expenses. Solaric is now zoning in on corporate and industrial projects to offer them the same cost reductions. Welcome to the new generation of solar and turning on the sun.

 

For more information on solar power systems and solar panel prices, click here.

Visit this page, call +63.5040092, or email info@solaric.com.ph

 

 

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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WHEN YOU RUN OUT OF LAND, THERE’S ALWAYS WATER

WHEN YOU RUN OUT OF LAND, THERE’S ALWAYS WATER

Solar technologies are now available on both land and water

 

REGINA ROME
Solar Digital Squad
Manila, Philippines
December 1, 2018

 

The mind-blowing solar boom

Today, the market is flooded with a vast array of solar tech options: crystalline silicon panels, organic and carbon nanotube cells, multi-junction solar cells, thin-film solar panels in the Philippines, solar farms, solar plants, and a variety of other solar power generation hubs. In year 2017 alone, the United States installed more than 10 gigawatts of solar PV. A more mind-blowing statistic is the fact that five states in America now generate at least 10% of their electricity from solar. Now if only the rest of the world would follow suit.

 

Rooftop solar PV is now better, cheaper, and cooler

The solar PV market has taken a quantum leap. As of the moment, silicon photovoltaic panels are leading the race. The debate on the streets is about which tech is going to rule in a few years. Whatever it is, no matter which way it is turned around, it still remains the power of the sun. Countries all over the world are now eyeing the possibility of requiring all new homes to install solar.

 

Then there was Tesla

The Tesla solar roof tiles seem to have never really become the hit we imagined it would become. Speculations declare that the problem was the competition in terms of price. The typical rooftop solar prices had dropped so ridiculously low, making residential rooftop solar available to just about anyone. Building integrated PV (BIPV) had difficulty staking its claim in the market because the available alternative was cheaper and more affordable.

 

Floating solar

The challenge: finding land for solar. The solution: they put solar on water. And so now we have it unraveled before our very eyes: floating PV (which are PV panels mounted on platforms that float on lakes and bodies of water). What are the advantages of these floating solar things? Not too much site preparation required and the panels remain at a cooler temperature which will enhance their efficiency. Although floating PV was born in 2007, it is only beginning to trend this 2018. South Korea boasts its Geumjeon floating solar power plant. Japan and China are lining up to do the same. In 2017 alone, 100 MW of floating PV was installed on the planet. Project talk is that one is set for construction in Indonesia in 2019.

 

Unstoppable takeover

As solar PV continues to take over the planet, more sub-markets are beginning to emerge that solve challenges arising in the midst of this era of technology. Now there is even saltwater PV which is also referred to as offshore solar. This type sits on harbors or bays beside wind or oil platforms. Since saltwater PV is still in pilot phase, its potential has yet to be determined.

So let’s sit back and relax and keep up with the latest alternative solar tech developments. The widespread dominance is clear. We never know what mind-blowing solar milestone to expect next.

 

For more information on solar power systems and solar panel prices, click here.

Visit this page, call +63.5040092, or email info@solaric.com.ph

 

 

Regina Rome is a solar analyst with the Solar Digital Squad Research.

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Death of Coal Industry Due to Growing Solar Systems in the Philippines?

coal solaric

What is the difference between coal and solar?

  1. Coal is cheaper in terms of energy content, however is expensive in terms of chemical emissions that lead to environmental and human health problems.
  2. Solar is a sustainable power source that do not emit harmful chemicals, however is still being developed further considering its issues with power generation during night time.

 

Solar systems has the Philippines and the rest of the world blown away for being a feasible power source in the long term. It was able to eliminate the side effects that other power sources had, notably carbon dioxide emissions that was causing harm to the environment. With Philippine solar systems starting to take the spotlight, does this mean that coal mining in the Philippines is now doomed?

 

What is coal?

Coal, also known as fossil fuel, has been the primary source of energy worldwide. It is either a combustible black or brown sedimentary rock made of organic carbon. It is commonly found as layers or veins, and are either mined through surface mining or underground mining.

While it has been found to be a cost-efficient power source for its energy content, it also plays as a catalyst in common environmental issues for emitting carbon dioxide. Aside from being a main contributor to climate change, large amounts of carbon dioxide in the air also declines the oxygen supply for breathing. This causes major health complications that can lead to unconsciousness, convulsion, or death. The process also exposes miners to several health and safety hazards.

 

How does solar differ from coal?

Both solar and coal are found to be cheap in terms of costing, however, they differ largely on emissions and availability.

Emissions

The disadvantages of coal-sourced electricity was often overlooked due to its cheap price. However, using fossil fuel has caused the emission of various chemical components that harm the environment and contributes to major calamities around the world. Among these include carbon dioxide and sulfur dioxide:

  1. Carbon dioxide (CO2) is emitted when burning coal. It’s considered harmful to humans and the environment given that it cuts the oxygen supply for breathing, leading to major respiratory issues.
  2. Sulfur dioxide is emitted by coal-fired power plants. It plays a huge role for acid rain as when it goes up high in the atmosphere and comes in contact with water, it returns to earth as rain with sulfur acid content.

Solar energy, on the other hand, do not emit any emissions on its power generation process.

Availability

The initial availability of coal globally led to its regular consumption. It was basically available 24/7 and is not affected by cloud cover unlike solar thus becoming one of the main sources of energy.

Meanwhile, solar currently cannot generate the same efficiency with the presence of cloud cover. Moreover, it cannot produce power during night time given that it relies highly on the sun.

 

Will solar take over coal in the near future?

According to Bloomberg’s report, solar reliance is growing faster than any other energy source. This means that carbon dioxide pollution could possibly be eliminated by 2026. By 2040, it is expected that solar costs will fall by 67% in the US and 85% in Japan, and that 34% of electricity will come from wind and solar power sources. This may mean that we are nearing the fall of the coal industry around the world.

 

Key Takeaway

If solar systems in the Philippines and the rest of the world takes over coal, we can expect that it could cause the world at an advantage. After all, it’s a healthy, sustainable power source. The carbon dioxide as led by coal mining in the Philippines should soon decline resulting to a greener environment in the near future. We hope it’s not too late!

 

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Goodwill’s Price! Solar Panels in Philippine Hospitals

Calamba Doctor’s Hospital

How does solar help hospitals?

  1. It helps reduce utility bills.
  2. It provides an alternative when the country faces energy crisis.
  3. It helps reduce carbon dioxide emissions which harms the society.

 

The reduced solar panel price in the Philippines and around the world has surprised many. Nevertheless, it brought convenience and happiness to the people. It helped reduce the usual utility bills of both homeowners and commercial establishments, and offer an alternative power source to remote areas which often face struggles when it comes to electricity supply. In the Philippines, this renewable energy has not only changed the way people consume power, but also health institutions and hospitals. A feasible alternative considering the tested stability and efficiency of said power source.

 

2015: Calamba Doctor’s Hospital, Calamba, Laguna

Photo by Pia Ranada/Rappler

 

Going back to year 2015, Calamba, Laguna made headlines of a huge integration of solar panels in one of its private hospitals. Perhaps, it was the largest renewable energy system in the Philippines to power a hospital during that time.

The Calamba Doctor’s Hospital uses solar energy along with wind energy to supply 20% of its power requirements through a partnership with Orion Group International. The administration and their investors aim to go green and augment their power supply especially that the year 2015 was forecasted to experience energy crisis during the year. Also, the said integration was expected to lessen the hospital’s utility bill from Php 800,000-1,000,000 to Php 160,000-200,000 at maximum. In return, however, the hospital will also pay Php 16,500,000 for the installed renewable energy system where 10% goes to the deposit, while the left 90% will be paid over the next 5 years.

 

2016: Castro Maternity Hospital and Medical Center, Baliuag, Bulacan

Image from Meister Solar

 

Another life-changing integration of solar system in the Philippines is Castro Maternity Hospital and Medical Center’s. It was a step by step process which ultimately resulted into a good 50KW of pure solar power source.

In partnership with Meister Solar, the said health institution held a solar system atop its roof top where the angle is best situated. This helped the hospital reduce its electricity bills with Php 727,650 as savings every year. More so, it helped lessen 40 tons of carbon dioxide emissions at best, thereby allowing the hospital to contribute to the green advocacy of producing clean energy.

How does the renewable energy system guarantee them?

Solar is the most stable renewable energy source, yet. Hence, the said investment of the Calamba Doctor’s Hospital on solar-wind system and Castro Maternity Hospital and Medical Center cannot be questioned. It has proven time and time again of its lifespan especially with quality panels installed. The solar panel price in the Philippines, most especially, is a huge advantage considering its cost-efficiency. The said Philippine renewable energy system is expected to last for at least 25 years at maximum.

 

Key Takeaway

Every solar investor has their own unique story, however amongst others, hospitals remain to be the most heartwarming. The benefits that hospitals and other health institutions can gain from solar does not only guarantee savings but also the stability of this power source to provide for their energy needs. Furthermore, it helps promote clean and green renewable source to reduce carbon dioxide emissions.

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Is Solar System the Fastest Growing Energy Source?

solar energy

What made the solar system the fastest growing energy source?

  1. It’s limitless and smartly produced.
  2. It’s earning a huge consumer base.
  3. It has significant drop in costs.
  4. It’s efficient overall.

 

Solar systems in the Philippines are the new source of energy; it’s efficient, less expensive, and profitable if you’re selling the house. Solar panels have proven its perks since being released in the market, and has provided people a new way to conserve energy and reserve other sources of power to minimize the supply. Today, the increasing demand for this renewable energy source has rapidly increased.

 

It’s limitless and smartly produced.

The way solar systems in the Philippines are sold, one can say that the said source of power has limitless possibilities. After all, it’s the sun! But what about when it rains? This is where human intervention makes a plausible discovery of arranging the energy production. You can attach a battery to save a handful of energy for the rainy season or enroll for the metering program.

It’s earning a huge consumer base.

With all of the benefits provided by having a solar system in the Philippines, there should be no question as to how the consumer base has grown in the past couple of years. Both residences and businesses are known to use solar energy, an evidence that people trust solar. More so, it has no harmful effects on people and comparatively minimal damage to the environment which makes it a wise choice for everyone.

There has been a significant drop in costs.

India, China, USA, and many others – these has been the regions where there are reported drop in solar costs. You get to pay $0.65 cents for a watt in India, $0.78 cents in the US, and much cheaper in the UK. Japan, on the other hand, maintains a  feasible price of $2.07 given its natural calamity risks such as the strong wind, constant earthquakes, and the mountainside erosion that affects the whole engineering process. It’s a positive thing for most consumers, given that it won’t be hard to install a solar system in any Philippine house today. These solar panels in houses do not only bring about a good supply of energy, but it also allows you to save from expensive utility grid billings every now and then for a smaller installation price.

So, is solar the fastest growing energy source?

According to the International Energy Agency, solar energy is now the fastest growing source of power. This was due to its ground-breaking record of accounting for almost ⅔ of net capacity around the world. The said growth was said to be a courtesy of the on-going popularity of solar panel installations especially in China. Moreover, the recent expansion in the US has also led to the said region being recognized as the second largest market for solar systems. In the Philippines, one can say that the recent ventures of various big companies are also contributing to the growth of this renewable source of energy.

 

Key Takeaway

The growing expansion of solar panels in houses and commercial establishments caused a huge impact in the industry. Thus, solar gaining recognition for being the fastest growing source of energy amongst its peers, wind, coal, and fossil among many others. It can be said that this achievement has truly made a wonderful exposure for using solar systems as an alternative sustainable source of energy.

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Top Ventures on Solar Systems in the Philippines

Top Ventures on Solar Systems in the Philippines

What are the top ventures on solar systems in the Philippines in 2017?

  1. PetroGreen Energy Corporation’s 10 MW solar park in Puerto Princesa, Palawan.
  2. First Toledo Solar Energy Corporation’s 60 MW solar farm in Tuledo, Southwestern Cebu.

 

As residential and commercial establishment owners continue to venture onto solar systems in the Philippines, so as the progress of the solar power projects in the country. Various business owners have tried and succeeded their ventures on said renewable energy source, hence, the continuous efforts on making the turnover of utility grid usage to solar systems.

In this article, we’ll discuss about the 2017 ventures on solar systems in the Philippines.

 

PETROGREEN ENERGY CORPORATION (PGEC)

PetroGreen Energy Corporation (PGEC) is a subunit of the Philippine oil company, PetroEnergy. Earlier this year, it was reported that the said subunit was granted with an environmental clearance for its solar system project located in Puerto Princesa City, Palawan.

What is the project about?

PGEC is to build a photovoltaic/solar power station also referred to as solar farm or solar park. It is a large-scale solar system designed for augmenting merchant power into the utility grid, and of which, are often scaled in megawatts (MW).

What is the aim?

According to a company statement, PGEC envisions the planned 10 MW solar park to be the first green and renewable source of energy in the city of Puerto Princesa and the entirety of Palawan.

Is it feasible?

Amongst others, Palawan remains to be a locality where energy source is limited hence supported by diesel energy source. This very reason could hinder Palawan from its potentials of growing into an urban city. With its reputation over the world due to its widely known tourist spots and natural attractions, the project being prepared by PGEC is a feasible and long-term solution for its energy source problem.

Not only will Palawan get the support that its community needs, but also an environment-friendly source of energy that will not put nature in danger.

FIRST TOLEDO SOLAR ENERGY CORPORATION (FTSEC)

First Toledo Solar Energy Corporation (FTSEC), sister company of Citicore Power, has been granted support loan by Development Bank of the Philippines (DBP) for its 60 MW solar farm project in Toledo City, Southwestern Cebu and is now distributing green energy source to the utility grid.

What is the project about?

Similar to PGEC, FTSEC has proposed a solar farm project to support the energy source of the locality and meet the needs of the people. Also, it aims to contribute energy supply to the grid, and promote green energy source in the industry.

What is the aim?

The company aims to support a green environment by installing renewable energy-sourced facilities such as solar, biomass, wind, and hydro power. Alongside its powerful aim of promoting green energy sources, is to give opportunities to the community wherever they install and operate solar farms.

Is it feasible?

The solar farm project is feasible for both sides: the owner and consumer. Aside from being able to augment the energy supply in Visayas region where common outages occur, the project also helps promote the use of green energy for electricity supply. In fact, according to reports from Cebu Daily News, the project will most likely replace around 157,000 barrels of crude oil that causes air pollution in the area. Hence, it can also be expected that the same project will help reduce carbon dioxide emissions by around 38,000 tons. Today, the Toledo solar farm is the largest solar plant station in the country.

 

Key Takeaway

Brisk implementation of solar energy source has become prevalent in the Philippines, and we’re in favor of these companies’ aim. Solar energy is the wisest way to augment power supply around the country as it is not only renewable, but also promotes a clean and green environment for people to live in. Plus, it opens more employment opportunities within communities!

 

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