SteelAsia switches on Bulacan solar rooftop in decarbonization push – BusinessWorld Online
STEELASIA Manufacturing Corp. said it commissioned its first solar rooftop photovoltaic (PV) system at its Meycauayan steel plant in Bulacan.
“This solar project is a crucial step in reducing the company’s environmental impact while ensuring energy sufficiency across our operations,” the company said in a statement on Tuesday.
The 1.9-megawatt-peak solar rooftop PV system was installed in partnership with TotalEnergies ENEOS.
“With over 3,200 solar modules installed, the system will generate approximately 2,700 megawatt-hours of renewable electricity annually,” SteelAsia said.
The company is seeking to decarbonize its steel manufacturing operations.
“Two other plants — the Calaca green steel manufacturing plant and the Compostela, Cebu rolling mill — are already powered by geothermal energy,” it added.
SteelAsia currently operates four steel mills that have a total capacity of 2.5 million metric tons per year. These are Meycauayan Works, Calaca Works, Davao Works, and Compostela Works.
It is also constructing a green steel H beam plant in Lemery, Batangas, and will begin site development in Candelaria, Quezon for a second green steel H beam plant worth P30 billion. — Justine Irish D. Tabile