Cemex Philippines, a leading cement producer in the country, has signed a contract with Gotianun-led Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) to develop a 10.08-megawatt (MW) ground-mounted solar system at the Apo Cement Plant in Naga City, Cebu.
This solar energy project is expected to avoid over 10,000 metric tons of CO2 per year. Once completed in 2024, this solar facility will add to the carbon-free electricity sources that Cemex has been utilizing in its operations, and it will be the biggest user of solar energy among cement plants in the Philippines to date.
FREE is a joint venture company of FDC Utilities, Inc., the power utility arm of the diversified conglomerate Filinvest Development Corporation, and ENGIE Services Philippines, the local division of ENGIE, a global leader in low-carbon energy and services.
“This solar energy partnership is another milestone under Cemex’s Future in Action program as we progress closer to our goal of reducing scope 2 emissions, coming from electricity sources that supply us, to less than 24kg of CO2 per ton of cementitious product by 2030,” said Luis Franco, Cemex Philippines president, and CEO.
In addition, Cemex and ENGIE have entered into a memorandum of understanding (MoU) to explore the implementation of various renewable energy and energy efficiency solutions for Cemex’s facilities in Naga, Cebu, to help the company advance its sustainability goals.