CEBU, Philippines — Mactan Rock Industries Inc.,(MRII) kicked off its entry to green operational system, not only to save cost but also as part of its social responsibility to help reduce greenhouse emissions.
MRII, a Cebu-based bulk water supplier, recently signed a 15-year contract with Macsol Solar Energy for the supply and installation of the 32.4 kilowatt solar energy system at MRII Demi Plant, located in Suba Masulog, Lapu-Lapu City.
MRII chairman Antonio Tompar said that this move may be duplicated in all the company's plants nationwide. It however depends on the performance of the first project.
"This solar panel installation is a test run for us to decide whether we would install a similar set-up in our other plants across the country," added Tompar.
MRII’s adaption of solar technology involved a zero cash-out arrangement. MRII will only pay a monthly charge, based on its consumption.
For a 15-year period, the solar panel investment of MRII would give them an estimate of P4.5 million power cost savings.
The 32.4 KW system is equivalent to 448 metric tons reduction of carbon dioxide, savings of 50,525 gallons of gasoline, and planting of 11,514 trees.
Tompar reiterated that the installation of the solar panel is part of the company’s effort to reduce greenhouse emissions, as well as maximize energy efficiency.
Solar energy can provide greater energy security and a viable economic alternative to the current electricity market as well as the ability to deliver quick alternative power, during severe climate issues, such as the annual El Niño periods.