By Renewable energy (RE) developer GenWatt Energy Solutions Corp. is targeting an annual installation of one megawatt (MW) from the current 253 kilowatt (kW).
To achieve the goal, GenWatt COO Conrado Generoso said the company is expecting to add 500kW soon from prospective clients.
“In the next few months, we have lined up around 500kW more of capacity from various clients that will include hospital, schools, residential, and others,” he said.
GenWatt, an all-Filipino firm specializing in rooftop solar energy systems, has signed up over 60 households and businesses across Luzon, from Pangasinan to Palawan. Its latest client is pharmaceutical firm Medicamenta Inc., which switched on its 30kW solar rooftop system on Wednesday.
“We have recently completed the installation of a 30kW system for one of our partners, Medicamenta, under our Healthcare Energy Alternative Solutions program. The system not only saves 40 to 50 percent of the company’s monthly electricity bill, but more importantly reduces the demand on the power grid to prevent supply deficiencies and lessens the carbon footprint.”
Medicamenta President Ismael Cabral, Jr. said the pharma firm intends to totally shift its electricity source to RE soon. “If our electricity savings would go beyond 40 percent of our billable energy consumption then probably we can add more solar rooftop panels but for now we don’t have space anymore.”
Generoso said GenWATT’s mission is to “democratize energy” and “empower people” through its programs. It manages the entire cycle of rooftop solar energy systems from conceptualization and design to installation and commissioning to recycling and disposal.
“To realize our vision of an energy-secure Philippines, we pioneer and sustain programs under our Solar Programs for Economic and Enterprise Development. We carry out our business and establish partnerships with our clients through long-term programs that address unique needs of different sectors of the economy and the population.
Each program is comprehensive, ensuring technical soundness, efficiency and sustainability, as well as financial viability and profitability of every system we install,” said Generoso.