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News Berde Renewables to build solar power plants at two Holcim Philippines plants

Berde Renewables to build solar power plants at two Holcim Philippines plants

Written by Global Cement staff 31 October 2023
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Philippines: Holcim Philippines has appointed I Squared Capital subsidiary Berde Renewables to build, maintain and operate two rooftop solar power plants, at its Bulacan and La Union cement plants, respectively. The solar power plants will have a combined capacity of 7.8GWh/yr and reduce Holcim Philippines’ CO2 emissions by 5500t/yr. The Business Mirror newspaper has reported that the projects advance the producer’s aim to reduce its energy-related CO2 emissions by 65% between 2018 and 2030.

Holcim Philippines president and CEO Horia Adrian noted the 20% reduction in overall CO¬2 emissions that the company has already achieved up to 2022 and said “This project further strengthens our ability to support Holcim's net zero direction and the country's nationally determined contributions.”

Last modified on 01 November 2023
Published in Global Cement News
Tagged under
  • Philippines
  • Holcim Philippines
  • I Squared Capital
  • Berde Renewables
  • Contract
  • Deal
  • agreement
  • Solar power
  • CO2
  • Sustainability
  • Emissions
  • reduction
  • target
  • Energy
  • Electricity
  • renewable energy
  • GCW632
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