SOLAR ENERGY FIRM Berde Renewables has entered into an influence purchase agreement with a mall operator and an agro-industrial firm to advance sustainable retail and agriculture in Mindanao.
In a media release on Wednesday, Berde Renewables said it had signed an influence purchase agreement with KCC Malls and Biotech Farms, Inc. for the provision of 8.4 megawatts (MW) of electricity.
“Berde Renewables has been constructing momentum within the country’s clean energy transition, and today we’re accelerating that shift to a brand new peak,” said Berde Renewables President and Co-founder Patrick Zhu.
Under the partnership, Berde Renewables will deliver solar energy to KCC Mall Gensan, KCC Mall Marbel, KCC Mall Zamboanga, and the Biotech Farms agro-industrial facility in South Cotabato.
The energy firm said it’s going to fully finance the project and oversee engineering, procurement, and construction, in addition to long-term operations and maintenance.
Once operational, the solar facility is anticipated to provide 13 million kilowatt-hours of energy annually, offsetting 9,600 tons of CO₂ emissions per yr.
“By integrating clean energy into our operations, we’re elevating our standards in retail sustainability while ensuring that our malls remain resilient, efficient, and aligned with the long-term needs of the communities we serve,” said KCC Malls Chief Executive Officer Arvin Chan.
Rainnyl Chiang, renewable energy director at Biotech Farms, said energizing its agro-industrial facility with solar energy further strengthens its commitment to circular economy principles while ensuring “stable, cost-efficient power for our business.”
“This initiative not only reduces our environmental footprint but in addition supports the broader goal of constructing a greener, more resilient Mindanao,” he said.
Berde Renewables is the portfolio company of worldwide infrastructure investor I Squared Capital, which focuses on solar and other clean energy technologies.
At present, the corporate has built 45.7 MW of solar projects within the Philippines, with 31 MW under construction and a 144 MW development pipeline. — Sheldeen Joy Talavera