Aboitiz Upgrade Solar Inc. (AUSI) is constructing a solar facility in Bulacan to supply clean power to cement maker Republic Cement & Building Materials Inc. (RCBM).
AUSI, a joint venture between Aboitiz Power Corp. and Upgrade Energy Philippines (UGEP), has signed a long-term power purchase deal with RCBM for a ground-mounted solar project within the latter’s facility in the municipality of Norzagaray.
Under the agreement, AUSI will cover the upfront capital investment and manage the operation of the project, while RCBM will exclusively purchase the generated energy to power its cement plant.
The solar facility is scheduled for completion in the second half of the year, although further details such as its capacity and project cost have yet to be disclosed.
This latest partnership is expected to enable RCBM to achieve long-term operational savings and lower its carbon footprint.
Established in 1955, the Republic Cement Group supplies cement and building materials to the local market to meet the demand for high-quality construction materials.
With five cement plants and one grinding station, the group boasts of a total cement capacity of 9.7 million tons per year.
