BERDE Renewables Inc., a distributed renewable energy portfolio company of I Squared Capital based in the Philippines, has announced the expansion of its partnership with Holcim Philippines. Building on the success of last year’s solar rooftop projects, the two companies are now taking their collaboration to the
next level. Together, they will work to increase the renewable energy capacity at Holcim’s facilities in Davao City and Lugait Misamis Oriental, further enhancing their sustainability efforts.
Through the expanded partnership, Berde Renewables will take on the design, construction, and management of additional solar facilities at new Holcim sites, increasing the combined capacity to 12.76 megawatt-peak (MWp). These installations are expected to generate approximately 21,263 megawatt hours of clean energy annually, which will help reduce carbon emissions by approximately 14,000 metric tons per year.
This project supports Holcim’s ambitious goal of reducing Scope 2 emissions by 65 percent by 2030.
Being selected once again through a highly competitive process is a testament to Berde’s proven track record and the trust that Holcim Philippines places in our expertise,” said Patrick Zhu, CEO of Berde Renewables.
“We are truly honored to extend our partnership and work together to accelerate the Philippines’ transition to renewable energy.”
“Berde Renewables’ exceptional track record, proven through their re-selection in a highly competitive process, makes them an indispensable partner in advancing our sustainability goals,” said Nicolas George, CEO of Holcim Philippines. “This partnership is pivotal in reducing our environmental impact and accelerating the Philippines’ shift to renewable energy.”
Berde Renewables Inc. is an iSquared Capital portfolio company dedicated to driving clean energy transition and innovative, sustainable energy solutions. Co-founded by Morris Zhou and Patrick Zhu, Berde Renewables develops, builds, and operates distributed renewable energy projects that empower commercial and industrial customers to switch to sustainable power, significantly reducing their electricity costs.
