Spectrum, a subsidiary of Manila Electric Company , has completed the energization of solar facilities that will power up at least five business centers of Philippine Long Distance Telephone Co. that will save the telecommunications giant P2.2 million in annual electricity cost in its Visayas operation.
The initiative to use solar power for its business centers in Visayas forms part of PLDT’s decarbonization roadmap that aims to reduce its greenhouse gas emissions by around 40-percent by 2030, Spectrum indicated. Patrick Henry T. Panlilio, chief operating officer of Spectrum, said “partnering with PLDT was an opportunity for us to enable the company to operate efficiently and sustainably and realize their goal to help preserve the environment.”
With an initial investment of how much?