SCPA to install Solar Panels in new Taguig Office Building
Photo: (L-R) SAE’s Alexander Braiser with Claudia Perrine and Atty Kitzi Roxas and SCPA’s Lea Pacis, Ven Sio and Rene Sio
Taguig City — Recently, tissue paper company Sanitary Care Product Asia Inc, signed a build lease transfer agreement with Sanctuary Alternative Energy Philippines (SAE), to install a photovoltaic system with total power generating capacity rated at approx 300 kW in its new office building in Taguig.
The decision to do a build lease transfer (BLT) arrangement as opposed to outright purchase of the solar system was made to hedge the substantial investment risk. Apart from a lower capital outlay, the utility savings acts as shared profit for both sides after the payback period. The BLT also rewards the performance of the lessor (SAE) by having them charge only based off generated power; thus, they are incentivized to keep the system running optimally and maintain it properly. There is a natural degradation of the panels over time (1% per year).
“Our roof actually acted as our limit for the energy generation. The system will be at 264kwh from our average usage of about 750-800,” says Ven Sio, president of SCPA.
The installation of the system is expected to be finished by January 2016. SCPA is looking to install solar panels in its Dapdap property as well.
Working together as a family is said to be a tough endeavor, especially when the success is recognized. Such is the case of the Sios, the family behind Sanitary Care Products Asia (SCPA), one of 10 families bestowed the first Philippine Family Business Awards. Held in April at the Ateneo De Manila University Escaler Hall, …
SANITARY CARE Products Asia, Inc. (SCPA) is extending their partnership with Haribon Foundation, pledging to plant 3,000 seedlings and fund eight implementations of the HARI EcoVan Biodiversity on Wheels initiative in Iloilo Province, Panay Island. SCPA’s forest adoption will cover 2.4 hectares of the Mt. Banahaw-San Cristobal Protected Landscape (MBSCPL) in San Pablo City, Laguna. …
Sanicare, the company known for its pure, responsibly-sourced hygienic products, launched their first ever brand ambassador Bianca Gonzales-Intal, last July 25 at The Makati Diamond Residences. This was the first for the brand as they gathered the country’s top mommy bloggers to talk about cleanliness and hygiene for the family. I feel so privileged to …