With the strong financial backing of Isquared Capital, an acclaimed international infrastructure investment firm, Berde Renewables Inc. is committed to democratizing access to green energy. The company extends its Solar PPA services not only to commercial entities but also to government agencies through a Private-Public Partnership framework.
Currently, the electricity tariff in Norsamelco stands at approximately 13 pesos per kilowatt-hour. Upon the implementation of solar energy systems in the Provincial Capitol and Hospitals, the Provincial Government is projected to only pay between 5-8 pesos per kilowatt-hour, effectively halving their energy expenses. This reduction in energy costs will free up financial resources that can be redirected towards community assistance programs and other developmental projects.
Berde Renewables plans to visit the province early in the first quarter of next year to conduct assessments and research, submitting an unsolicited proposal for a Public-Private Partnership in line with the PPP Code.
The productive meeting was facilitated by the Board of Investments, led by Director Ernesto de los Reyes, and attended by Governor Edwin Ongchuan of the Province of Northern Samar, along with the local economic team and distinguished representatives from Berde Renewables Inc., including the Founders Mr. Patrick Zhu, Mr. Morris Zhou, and their Commercial Director, Mr. Philip Roxas.
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