Major renewable energy projects in Davao City and Misamis Oriental were sealed by Berde Renewables Inc., an iSquared Capital portfolio firm, and Holcim Philippines, Inc., one of the leading building solution companies in the country.

Building on the success of last year’s solar rooftop projects, the two companies are now taking their collaboration to the next level.

The two firms will work to increase the renewable energy capacity at Holcim’s facilities in Davao City and Lugait, Misamis Oriental, further enhancing their sustainability efforts.

Through the expanded partnership, Berde Renewables will take on the design, construction, and management of additional solar facilities at new Holcim sites, increasing the combined capacity to 12.79 megawatt-peak (MWp).

The installations are expected to generate approximately 21,263 megawatt-hours of clean energy annually, which will help reduce carbon emissions by approximately 14,000 metric tons per year.

Moreover, the project backs Holcim’s ambitious goal of reducing Scope 2 emissions by 65 percent by 2030.

“Being selected again through a highly competitive process is a testament to Berde’s proven track record and the trust that Holcim Philippines places in our expertise,” said Patrick Zhu, CEO of Berde Renewables. “We are truly honored to extend our partnership and work together to accelerate the Philippines’ transition to renewable energy.”

“Berde Renewables’ exceptional track record, proven through their re-selection in a highly competitive process, makes them an indispensable partner in advancing our sustainability goals,” said Nicolas George, CEO of Holcim Philippines.

“This partnership is pivotal in reducing our environmental impact and accelerating the Philippines’ shift to renewable energy,” he added.