PHILIPPINES’ FIRST AND BIGGEST SOLAR-POWERED SUBDIVISION, POWER PLANT TO RISE IN BATANGAS

PHILIPPINES’ FIRST AND BIGGEST SOLAR-POWERED SUBDIVISION, POWER PLANT TO RISE IN BATANGAS December 02, 2014 Batangas is going green. As one of the richest Philippine provinces, Batangas continues to attract foreign investors, and will attract more tourists once the first ever Philippine solar-powered subdivision is completed in Sto. Tomas town. Imperial Homes Corp. (IHC), a local real estate company, has collaborated with Enfinity Group, a Belgian solar power company, for the development of the first ever solar-powered mass housing project in the Philippines. The project according to source will attract more tourists once completed and the whole idea is compared to Bangui Windmills, Pagudpud in terms of tourism revenue. The 1000 units of solar-powered houses will be fitted inside the 3-hectare land according to IHC. Each house will be equipped with 500 watts solar panels that could dramatically reduce power consumption by large percent. IHC addedd that the project could make the country one step closer to renewable source of energy in coming years. In a separate news, Amrican solar company SunSolar is also eying to build a 50-megawatt solar powerplant in Nasugbu Batangas. The project will be the first and biggest in the Philippines and will be included in the lists of biggest solar power plants in the world according to SolarSun. Currently, there are 5 operating solar power plants in the world with 50-megawatt capacity, that is good for 10th place. Mojave Solar Project in US is the biggest with 280 MW. The plant will provide electricity to 75% of Batangas consumers and 20% of Cavite. SolarSun with its local partner. TransElectric said the project is the answer to Batelec and Meralco unreasonabe ans unscheduled power interruption, and high cost of electricity. The plant is expected to hire more than 5,000 employees that include engineers, line men, office workers, and beach and resort workers. Groundbreaking ceremony is scheduled on July 2015. The plant will cover 5 hectaes of undeveloped beach. The solar panels will be installed both offshore and onshore according to the source. The company will also develope another 2 hectares for resort as tourists will be epected to storm the place once the project is completed.

Written by Mark Virtucio on December 2, 2014. Posted in News and Events

Housing developer to build Solar Powered Home in batangas

Real estate developer Imperial Home Corp. (IHC) is launching solar-powered mass housing project consisting of 1,000 units in Sato Tomas, Batangas. IHC has partnered with Belgium based Enfinity Group to develop Via Verde, the first solar-powered subdivision situated on a 3-hectare property with a combination of row houses and two-bedroom townhouses. A 500-watt solar panel will be installed on every unit for free to allow buyers to enjoy lower electricity rate through lease-back program of Enfinity, a company that finances, builds, owns, operates and maintains solar power. It has operations in the US, Canada, Europe and Asia Pacific. “Equipped with 500 watts of solar solutions, these solar-powered homes ill drastically reduce the cost of electricity and provide a greener environment for our low-cost housing projects,” said Emma Imperial, IHC Chairman. Imperial said the project aims to alleviate the country’s backlog on mass housinf currently pegged at 3 million, as well as help provide a greener solution against the worsening effects od climate change. “Our share in the joint-venture partnership with Enfinity is the land itself, where the 1,000 homes will be put up. That is valued at P600 million,” she said. Enfinity will install the solar panels, valued at $1 million, on all the 1,000 units. The Via Verde project will be formally launched on January 14 next year. -Business Mirror -Lenie Lectura

Written by Mark Virtucio on November 28, 2014. Posted in News and Events

FIRST SOLAR-POWERED SUBDIVISION SOON TO RISE IN BATANGAS

FIRST SOLAR-POWERED SUBDIVISION SOON TO RISE IN BATANGAS
November 28, 2014

The solar-powered subvision in the Philippines will soon rise in Santo Tomas, Batangas, a development that bodes well for the environment and puts the country a step closer to its goal of promoting renewable energy. Imperial Homes Corp. (IHC) a local property developer, has partnered with Enfinity Group, a Belgian solar power provider for the development of the solar-powered mass mass housing community of i,000 homes in Santo Tomas, the first of its kind in the Philippines. IHC chairman and CEO Emma Imperial, said the company would launch project in January 2015. The project aims to alleviate the country’s backlog on mass housing currently pegged at three million as well as provide a greener solution against the worsening effects of climatechange, she said. “Equipped with 500 watts solar solutions, these solar-powered homes will dramatically reduce the cost of electricity and provide a greener environment for our low-cost housing projects,” Imperial said. The solar-powered mass housing project, named Via Verde, is located over a three hectare property wirh a combination of row houses and two-bedroom townhouses. The 500-watt solar panels are installed in every unit for free to allow buyers to enjoy lower electricity rates through the lease-back program of Enfinity. Also lending support to the project is the CBL Group, a United kingdom registered and China-based company, which provides green panels for the pre-fab and modular housing. Imperial said for its future projects, the goal is to build solar-powered mass housing communities. Established 31 years ago, IHC is primarily engaged in the development of moder leisure villages as well as middle and low-cost housing projects. For the Via Verde project, the company earmarked P600 million for the housing component of the mass housing community. For the solar panels, the Enfinity Group will invest $1million for solar facilities in 1,000 homes. Imperial said IHC’s project is anchored on the Transformational Business Model presented by Imperial during the World Bank Housing Conference in May 2014 in Washington, DC in the US “We also do not expect to receive the World Bank’s EDGE Certificate for Green Buiding anytime soon,” Imperial said. The company is also working with other property developers to encourage the incorporation of renewable features in their homes. -The Philippine Star Business – Iris C. Gonzales

Written by Mark Virtucio on November 28, 2014. Posted in News and Events

PH FIRST SOLAR-POWERED HOUSING PROJECT UNVEILED

November 28, 2014
Imperial Homes Corp. (IHC), an advocate of environment-friendly developments , has launched the first solar-powered mass-housing community in the country. Emma Imperial, IHC president and chief executive officer, said on Thursday that Via Verde, the country’s first solar-powered community, is composed of 1,000 mass-housing units in Santo, Tomas, Batangas. Imperial said each unit is equipped with 500-watt solar panels installed for free to allow buyers to enjoy lower electricity rates through a leaseback program offered by Enfinity Group. Enfinity Group is a Belgian company that finances, builds, owns , operates and maintains solar panels. It has entered a joint venture agreement with IHC for the latter’s solar-powered mass-housing project. “These solar-powered homes will dramatically reduce the cost of electricity and provide a greener environment for our housing projects,” Imperial told reporters in a press briefing. With this technology, buyers are expected to save up to P1 per kilowatt-hour of electricity consumption per month. The Via Verde solar-powered community is located in a three-hectare property with a combination of row houses and two-bedroom townhouses. Imperial said the project aims to alleviate the country’s mass housing backlog, currently pegged at three million units. The solar panels, she added, will the source power for daytime use and will be redound to the benefit of homeowners in terms of lower electricity costs. She pointed out that solar energy is ideal for communities because it is clean, renewable and sustainable. “It does not pollute our air. Solar energy does not contribute to global warming, acid rain or smog.” she said. Imperial said Via Verde’s contribution to renewable global efforts would translate to about $1.4 billion in fossil fuel consumption ans will eliminate 941,000 tons of carbon emmissions annually. She said the International Fiannce Corporation and the World Bank have recognized the project. The Transformational Business Model of IHC’s project was presented by Imperial during the WB Housing Conference in Washington, DC and the IFC’s Climate Business Forum in Hong Kong last October 29. “We expect to receive the World Bank’s EDGE (Exellence in Design for Greater Efficiencies) certificate for Green Building anytime soon,” she said. For the Via Verde project, IHC has earmarked P600 million for the construction of housing units, while Enfinity wll invest $1 million for the installation of solar panels. IHC has lending support for the CBL Group, a United Kingdon and China-based company that provides green panels for the pre-fab and modular housing. – Manila Times -Ritchie A. Horario

Written by Mark Virtucio on November 28, 2014. Posted in News and Events

IMPERIAL LAUNCHES SOLAR MASS HOUSING

IMPERIAL LAUNCHES SOLAR MASS HOUSING November 28, 2014 Imperial Homes Corp. said Thursday it will build the country’s first solar-powered mass-housing community that will produce electricity rates by P1 per kilowatt hour. “We expect electricty rates to be at least P1 per kWh lower.” IHC president and chief executive Emma Imperial told reporters in a news briefing. The solar-powered cominuty called Via Verde is composed of 1,000 mass housing units in Santo Tomas, Batangas. Via Verde is located on a three-hectare property with a combination of row houses ans two-bedroom townhouses. Each townhouse will have 500 watts of solar panels installed for free to enable buyers to enjoy lower electricity rates through the lease-back program of Enfinity of Belgium, Imperial’s partner in the project. Imprerial signed a joint venture with Enfinity Group, a Belgian company that finances, builds, owns, operates and maintains solar panels with operation in the United States. Imperial said it would spend P600 million to construct the housing while Enfinity allocated $1 million for the installation of the solar panels. CBL Group, a UK-registered and China-based company, will provide green panels for pre-fab and modular housing. “These solar-powered homes will dramatically reduce the cost of electricity and provide a greener environment for our low-cost housing projects,” Imperial said. The project aims to alleviate the country’s backlog on mass housing currently pegged at three million as well as help provide a greener solution against the worsening effects of climate change. -Manila Standard Today – Alena Mae S. Flor

Written by Mark Virtucio on November 28, 2014. Posted in News and Events