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    Home » PV2 Energie, Uratex Team Up to Go Solar
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    PV2 Energie, Uratex Team Up to Go Solar

    Business News AsiaBy Business News AsiaMay 10, 2017Updated:May 10, 2017No Comments3 Mins Read
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    MAKATI, Philippines – The German Embassy recently celebrated the partnership between PV2 Energie, a Germany-based renewable company, and Uratex, the leading foam brand in the Philippines.

    In a momentous Ceremonial Switch On event hosted by the German Ambassador to the Philippines His Excellency Dr. Gordon Kricke and Anke Mackradt Kricke, PV2 Energie and Uratex mark the milestone of their 500 kWp Photovoltaic Rooftop System project installed at Uratex Muntinlupa plant.

    Under the project, PV² Energie Philippines has installed close to 2,000 solar panels that will help Uratex to vastly avoid the emission of almost 400 tons of carbon dioxide each year.

    The system is expected to yield a total output of 668,018 kWh annually at full capacity. The use of solar energy will help Uratex save around 20 percent of its current electricity bill.

    Uratex consists of several business units engaged in the manufacture of high grade foam, plastic products, and is also supplying textile, food packaging, and automotive original equipment products.

    “Our company has been looking for ways to undertake green initiatives and contribute in mitigating the effects of climate change through our environmental programs,” said William Lee, Executive Vice President of Uratex.

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    Lee added that the Uratex PV system is one of the largest own-use industrial solar rooftop installations in the country and is known to be one of the pioneering projects of this kind in the City of Muntinlupa.

    The mother company of PV2 Energie Philippines, which developed the Uratex project, has undertaken numerous RE projects, mostly solar, in Germany and in the Philippines.

    PV² Energie was one of the first companies to identify the potential of own-use solar rooftop power plants in the Philippines. The company believes that there is a huge potential for the country to maximize the use of solar rooftop technologies.

    “Utilizing solar energy, which is practically free and abundant, will not only benefit companies in terms of lowering electricity costs,” Chris Hannen, PV² Director said. “On a larger scale, it will help the Philippines reduce their carbon footprint and effectively contribute to address global climate change.”

    In the Philippines, PV2 Energie has already installed several solar rooftop projects including those with Bengar Industrial Corporation in Quezon City (100 kWp Net Metering), Oriental Tin Can & Metal Sheet Manufacturing also in Quezon City (623 kWp) and Sanitary Care Products Asia (120 kWp) in Mabalacat, Pampanga. Apart from Uratex, another upcoming project of the renewable energy company is a 180 kWp solar project for Glacier South Refrigerated Services.

    “Despite efforts by the government and various private organizations, most Filipinos still don’t fully appreciate solar power technology. PV2 Energie hopes that through its projects, more companies will see the benefits of solar,” Brenda Baylon, PV² General Manager added.

    The project was made possible with the support of the German Government through its KfW-DEG Up-Scaling programme and the worldwide dena Renewable Energy Solutions Programme coordinated by Deutsche Energie-Agentur (dena) represented by Itta Olaj.

    READ ALSO: Russia, China To Step Up Nuclear Energy Cooperation in Foreign Markets

    Also supporting the project are the German Energy Agency and the German Federal Ministry for Economic Affairs and Energy (BMWi) within the German Energy Solutions Initiative. – BusinessNewsAsia.com

    Philippines PV2 Energie Solar Energy Uratex
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