SteelAsia Manufacturing Corp. (SteelAsia), the Philippines’ largest steel producer, commissioned its solar rooftop photovoltaic (PV) system in collaboration with TotalEnergies ENEOS.
The 1.9-megawatt-peak (MWp) installation at SteelAsia’s Meycauayan plant in Bulacan province is a significant step in the company’s ongoing efforts to decarbonize its operations.
The system comprises over 3,200 solar modules, generating about 2,700 megawatt-hours (MWh) of renewable electricity annually.
The project is expected to displace around 2.3 million kilograms of carbon dioxide each year, supporting SteelAsia’s commitment to the Paris Agreement’s goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
SteelAsia said the project is part of a broader strategy to integrate renewable energy sources across its operations.
The company sources about 70 percent of its power requirements from renewable energy suppliers.
The steel company is also exploring geothermal energy partnerships to reduce its carbon footprint.