A wholly-owned unit of MRC Allied Inc. has rolled out its first 550 KWP solar photovoltaic rooftop project in Northern Luzon.
Installed on a rice mill, Menlo Renewable Energy Corp.’s PV project is expected to help the country’s agricultural sector by reducing power costs.
The move expands MRC’s solar portfolio and puts it a step closer to its goal of becoming a major renewable energy player in the country.
The project complements the day and peaking power requirements of the rice mill and translates to about 30 percent of savings in the rice mill’s electricity bill. This, in turn, would benefit the consumers as it can translate to lower rice prices.