Aboitiz Upgrade Solar Inc. (AUSI), a joint venture between Aboitiz InfraCapital and Upgrade Energy Philippines, has partnered with TDK Philippines Corporation to install a powerful 5.65-megawatt-peak (MWp) rooftop solar system. The installation will span across two of TDK’s manufacturing facilities in Biรฑan, Laguna. Developed under a 15-year lease agreement, the project is expected to be operational by 2025 and generate approximately 8 million kilowatt-hours (kWh) of clean energy annually.
A Landmark Project: The TDK Philippines Solar Project for Emissions Reduction and Clean Energy
This initiative is anticipated to reduce TDK’s annual carbon emissions by over 4,000 tons, marking a significant step towards its corporate sustainability goals. The project strongly aligns with the Aboitiz Groupโs vision of advancing business and communities through innovative renewable energy solutions.
The solar rooftop project will feature over 9,000 high-efficiency solar modules. Understanding the basics of solar panel manufacturing reveals the complexity behind each panel, from sourcing solar panel raw materials to the final assembly. This installation will provide a substantial source of clean energy, helping TDK significantly reduce its carbon footprint. The project is a key component of TDK’s Environmental, Social, and Governance (ESG) initiatives, which focus on driving positive change for the environment and society.
The partnership between Aboitiz Upgrade Solar and TDK Philippines was formalized through a Memorandum of Agreement (MOA) signing event. This event was attended by key executives from both companies, including Aboitiz InfraCapital’s President and CEO Cosette V. Canilao, Upgrade Energy Philippines CEO Roel Castro, and TDK Philippines President and COO Kojiro Takashima.
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During the ceremony, Aboitiz InfraCapital President and CEO Cosette V. Canilao highlighted the significance of the project. She expressed enthusiasm for the partnership, emphasizing that it represents a shared commitment to sustainability and innovation. Canilao stated, “This project underscores our commitment to advancing energy solutions that benefit both businesses and communities.”
Driving Economic Growth and Environmental Stewardship with the TDK Philippines Solar Project
Roel Castro, CEO of Upgrade Energy Philippines, also spoke at the event. He noted that the project reflects the company’s mission to provide sustainable energy solutions that support economic growth and environmental stewardship. “Through this collaboration with TDK, we are taking a significant step towards a greener future,” Castro said.
Kojiro Takashima, President and COO of TDK Philippines, expressed his company’s dedication to environmental responsibility. He stated, “This solar rooftop project is a major milestone in our journey towards sustainability. We are proud to partner with Aboitiz Upgrade Solar to achieve our ESG goals and contribute to a cleaner planet.”
The rooftop solar project is part of a broader trend of companies adopting renewable energy solutions, a movement critical to the Philippines’ stunning 2040 goal of 50% renewable power. As the country continues to prioritize sustainable development, partnerships like the one between Aboitiz Upgrade Solar and TDK Philippines are becoming increasingly common.
The project is also expected to serve as a model for other companies looking to reduce their carbon footprint and adopt renewable energy. By demonstrating the feasibility and benefits of large-scale solar projects, Aboitiz Upgrade Solar and TDK Philippines are paving the way for more businesses to follow suit. You can stay updated on similar developments through the latest Philippines solar news.
A Shared Commitment to a Sustainable Future Through the TDK Philippines Solar Project
The Aboitiz Group, through subsidiaries like AboitizPower, has been at the forefront of promoting sustainable energy solutions and is expanding its role in the commercial and industrial solar segment. This focus helps manufacturers manage rising power costs while achieving sustainability targets, a key trend in the overall Philippines solar panel manufacturing market. The partnership with Upgrade Energy Philippines further strengthens this commitment.
TDK Philippines, a subsidiary of the Tokyo-based TDK Corporation and a global leader in electronic components, has long been committed to sustainability. This solar rooftop project aligns with the company’s global ESG strategy, which aims to reduce its environmental impact and contribute to a more sustainable future.
The partnership between Aboitiz Upgrade Solar and TDK Philippines is a significant milestone in the nation’s journey towards renewable energy adoption. This project, alongside other ambitious ventures like the massive floating solar power investment in Laguna, demonstrates the growing momentum. The 5.65 MWp rooftop solar project will not only reduce carbon emissions but also serve as a powerful example for other companies. As it moves towards completion, it signals a brighter and greener future for the Philippines.
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