Tuesday 21 November
Powered by Ajaxy
Oct 26, 2017 @ 11:56

MRC eyes solar rooftop installations in Xentro Malls


MRC Allied Inc. is in talks with XRC Mall Developer Inc. to put up solar rooftops in the latter’s mall developments.

In a disclosure to the stock exchange, MRC said it was authorized by its board to start negotiating with XRC to explore, develop and install Solar Photovoltaic (PV) Systems rooftops in Xentro Malls nationwide.

Xentro Malls are community malls in cities and municipalities around the Philippines, with major retail and food shops pas its major tenants.

MRC Allied is diversifying into the power sector with a target of hitting 1,000 megawatts of power from renewable and clean energy projects by 2022. It was originally a listed real estate company with assets in property and mining.

Tags: , , , , , , , , , ,

Related Stories
Laguna-based chip maker Cirtek Holdings Philippines Corp. has approved the issuance of up to $200
Cebu Air Inc. has adopted a dividend policy to pay an annual dividend of about
Cebu Air Inc. saw profit more than double to P9.75 billion, propelled by strong demand
Marcos crony Roberto Ongpin has sold his entire holdings in gaming technology provider PhilWeb Corp.


Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo - bilyonaryo.com.ph.