Spectrum, a wholly owned subsidiary of the Manila Electric Co. (Meralco), has energized the 98.28 kilowatt-peak (kWp) new solar rooftop facility of North Bound Infinity Real Estate and Development Inc. in Bulacan province.
The solar project is expected to generate approximately 125,600 kWh of clean energy every year, and allow the company to save approximately P840,000 in energy costs annually.
The company will likewise reduce its carbon footprint by an estimated 89 metric tons, which translates to more than 4,100 trees planted and more than 356,300 kilometers reduced in vehicle travel per year.
North Bound provides adequate and accessible storage facility and assists deliveries of goods and services between Metro Manila and nearby provinces in the North Luzon region.
Through its solar rooftop project, North Bound hopes to achieve operational efficiency while strengthening its environmental stewardship.
“We are now in an era where a customer’s engagement with Meralco is no longer just about provision of basic electric service. As we move towards a greener future, the One Meralco Group goes beyond its mandate of delivering stable and reliable electric service to its customers,” Spectrum President Ferdinand Geluz said.
“Through Spectrum’s solar solutions, we are also able to deliver sustainable power supply within and outside the borders of Meralco’s franchise area. For North Bound, this is just the beginning, and we will be with them as they embark on their journey towards being a sustainable business.”