Holcim Philippines Signs 20-year Deal with Blueleaf Energy

Source: www.gulfoilandgas.com 11/19/2021, Location: Asia

To further improve its sustainability performance, leading building solutions provider Holcim Philippines, Inc. has signed a 20-year power purchase agreement with Blueleaf Energy, a leading renewable energy company, to deliver solar power to its plants in Bulacan and La Union.

Under the agreement, Blueleaf Energy will finance, build, operate, and maintain solar energy facilities in Norzagaray, Bulacan and Bacnotan, La Union with a combined capacity of 29 MWp and an annual generation of more than 50 GWh that will supply up to 15% of the energy requirements of Holcim Philippines’ plants there. The solar energy facilities are scheduled to be completed in 2024. The partnership is projected to significantly reduce the power costs and carbon footprint of Holcim Philippines. The parties held a signing ceremony on November 16, 2021.

The deal marks Holcim Philippines’ transition to sustainable cleaner energy for cement production. Manufacturing cement is energy-intensive so the shift to renewable power enables Holcim Philippines to conserve natural resources and reduce CO2 emissions.

Horia Adrian, President and CEO of Holcim Philippines: “Reducing the carbon footprint of our operations is one of our key sustainability commitments. This year, we have made great progress in this area by stepping up production of blended cements and replacing coal with alternative fuels. Shifting to renewable solar energy will help us further improve as an environment steward and a partner in building progress in the country sustainably.”

Raghuram Natarajan, CEO of Blueleaf Energy: “We are pleased to continue to build our strong track record in delivering world-class clean energy solutions in the region and supporting large multinational companies like Holcim. With our credentials of developing and operating over 2 GW of projects, of which more than 250 MW in the Philippines, this partnership also underscores our strong capability to support corporates in Asia in achieving their clean energy ambitions.”


Malaysia >>  5/26/2022 - On April 22, 2022, Shizen Malaysia Sdn Bhd (“Shizen Malaysia”), the group company of Shizen Energy Inc. in Southeast Asia has executed a second long-t...
Finland >>  5/25/2022 - Better Energy has entered into a partnership with Finnish solar developer Forus and are expecting increased activities in Finland in the coming years....

Italy >>  5/24/2022 - Construction work at Falck Renewables’ agrivoltaic plant in Landolina, Scicli (province of Ragusa, Sicily, Italy) has now started.

The 9.7...

Angola >>  5/20/2022 - Solenova, a joint venture equally owned by Eni and Sonangol for the development of renewable energy projects, has lain the first stone of what will be...

Poland >>  5/18/2022 - Green Genius and Sequoia Investment Management Company Limited (Sequoia), acting as an investment advisor on behalf of Sequoia Economic Infrastructure...
United States >>  5/18/2022 - - The company is starting construction work on a 300 MWdc facility, which will occupy an area of more than 800 hectares in the state of Texas and will...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.