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Leading the charge in renewable energy, Berde Renewables has reinforced its dedication to expanding sustainable energy solutions in the Philippines through a strategic partnership with the Magic Group of Companies in Northern Luzon. This partnership represents a significant leap forward in adopting renewable energy in the region, starting with installing a 729-kilowatt peak (kWp) solar power system at Magic Mall San Carlos.
The Solar Power Purchase Agreement (PPA)
The solar power purchase agreement (PPA) between the two companies is expected to be finalized within 12 months. The installation is projected to generate approximately 983,690 kilowatt-hours (kWh) of clean energy annually, reducing 860 tons of carbon emissions over the next decade.
Patrick Zhu, CEO of Berde Renewables, emphasized the importance of this partnership. “This collaboration with Magic Group of Companies is aligned with our mission to bring sustainable energy to more businesses across the Philippines. The Magic Mall San Carlos solar project demonstrates how renewable energy can be seamlessly integrated into commercial operations, benefiting both the environment and the bottom line.”
For Magic Group of Companies, this partnership underscores their commitment to sustainability. The CEO’s Executive Assistant, Mr. Jarvin Chua, stated, “Partnering with Berde Renewables is a key milestone in our shift toward greener operations. Beyond optimizing energy costs, this project reflects our long-term commitment to minimizing environmental impact. We aim to replicate this success in our upcoming mall branches as part of our broader sustainability strategy.”
Expansion of RE Solutions
Berde Renewables is expanding its presence in the Philippines and driving the country’s transition to renewable energy by offering customized solar solutions for businesses. The partnership with Magic Mall San Carlos highlights the increasing momentum among Filipino companies to adopt renewable energy, aligning with national sustainability goals and carbon reduction efforts.