INDUSTRIES INVESTING SOLAR ENERGY AND SOLAR POWERED LIGHTS

RESIDENTIAL. COMMERCIAL. SCHOOLS. WAREHOUSES. HOSPITALS. ROADWAYS. 

Residential: One of the primary reasons homeowners switch to solar energy is to reduce their monthly utility bills, Homes equipped with solar panels often have higher property values. Solar energy is a clean, renewable source of power that reduces greenhouse gas emissions and other pollutants. Additionally, solar-powered lights are popular for residential use, providing efficient and cost-effective lighting for gardens, pathways, and outdoor spaces. 

Commercial Operations: Solar power is increasingly used in commercial buildings, warehouses, and retail spaces, promoting energy efficiency and environmental consciousness. Solar-powered lights are used in parking lots, signage, and building exteriors, enhancing security and reducing electricity expenses. Solar panels can significantly reduce electricity bills for businesses. The savings can be substantial, especially for companies with high energy consumption. 

Schools: Solar energy contributes to reliable power supply in educational institutions, reducing dependence on traditional energy sources. Solar panels can significantly reduce electricity bills, freeing up funds for other educational needs. Solar-powered lights are also used in playgrounds, sports fields, and campus pathways. Solar installations provide a hands-on learning tool for students to understand renewable energy, sustainability, and environmental science. 

Warehouse: Manufacturing plants across the Philippines are fervently adopting solar technologies. Integrating solar panels ensures a sustainable and efficient industrial future. Solar-powered lighting systems are used to illuminate storage areas, loading docks, and exterior perimeters. The solar industry creates jobs in your community, from manufacturing to installation and maintenance. Recent projects include agro-solar farms, combining solar power generation with local food security efforts. Industry players like Citicore Power, AC Energy, and Aboitiz Power are leading the way. 

Hospitals: With climate change as a pressing global issue, the hospitality sector is adopting solar energy through PV installations. Solar-powered lights are used in parking areas, walkways, and emergency exits to enhance safety and security. This move aligns with environmental responsibility, reduces carbon emissions, and enhances energy efficiency in hotels and resorts. 

Roadways: Solar roads can generate renewable energy by integrating solar panels into the road surface. This energy can be used to power streetlights, traffic signals, and even nearby buildings. Solar roads can be equipped with LED lights for lane markings and road signs, improving visibility and safety for drivers, especially at night. 

The Philippines’ solar energy market continues to grow, with major companies. Together, these industries contribute to a cleaner, more sustainable future for the nation. 

Solar-powered lights are an eco-friendly and cost-effective lighting solution that harnesses sunlight to generate electricity, reducing energy bills and carbon footprints. They are easy to install and require minimal maintenance, making them ideal for outdoor areas like gardens, pathways, and security lighting. Despite the higher initial cost, the long-term savings and environmental benefits make solar lights a worthwhile investment. 

Renewable Energy Investment 

In October 2020, the Philippine Department of Energy (DOE) declared a moratorium on endorsements for greenfield coal power plants. This decision was driven by the need to shift towards a more flexible power supply mix. 

R.A. 11285 (Energy Efficiency & Conservation Act): Enacted in 2019, this legislation institutionalizes energy efficiency and conservation as a national priority. Its objectives include securing energy supply stability, cushioning the impact of imported fuel prices, and protecting the environment. 

The solar energy market in the Philippines is experiencing significant growth. By the end of this year, the country is expected to install around 1700 Megawatts of solar capacity, with projections to reach 5229.62 Megawatts in the next five years12. This reflects a robust annual growth rate of 25.2%. 

The Philippines is making impressive strides toward cleaner energy sources, with policies supporting renewables and a growing investment landscape. 

To earn more on how you can be a part of this change, check out our other blog articles or reach out to inquiry@suncoreenergy.com.