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Real Estate

Solar-powered condos shine at Primavera City

The Philippine Star

MANILA, Philippines - Certified green builder Italpinas Development Corp. (IDC) will launch soon a new condominium development, where buyers will not only own a top-notch home but also enjoy the benefits of an innovative solar power system.

 IDC’s Primavera City in Cagayan de Oro is designed with an onsite solar power plant capable of producing around 1.4 megawatts (MW) of power.

 IDC president Jose Leviste III said by investing in an economically sized solar-power system, the residents of Primavera City will enjoy lowered cost of living as the system contributes solar power to the building’s various functions.

 The building’s lessened dependence on expensive power from the grid makes it an innovation not just in aesthetics and design, but also in the economics of condominium living, he noted. 

IDC chairman and COO Romolo Valentino Nati said Primavera City’s solar plant component is consistent with the company’s thrust of building only sustainable and ecologically sound condominium buildings.

 “The company’s unique marketing proposition is to offer distinctive energy efficient, passive and active eco friendly green building concept with beautiful contemporary Italian- Filipino design, while continuously improving the quality and accessibility of its residential and commercial properties to satisfy the housing and business needs of the expanding Philippine population, and the desire of overseas Filipino workers, balikbayans and expats to secure properties in new emerging cities in the country, as well as the increasing sophistication of the market and its demand for style and comfort,” Nati emphasized. 

 Primavera City’s value proposition, he added, revolves around the unique integration of renewable energy with real estate development.  “Once the capacity to implement the solar PV system for condominiums is refined, the power generated from solar energy may spin off to another business ventures which targets other residential, office and commercial buildings.”

 Publicly listed IDC made its mark in the real estate industry as the first Philippine company certified by the International Finance Corp. (IFC) - World Bank Group’s  Excellence in Design for Greater Efficiencies (EDGE) program for its flagship project also in Cagayan de Oro City, the Primavera Residences.

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