"For its energy portfolio, the company wants to maintain its focus on solar rooftop projects, an increasingly growing industry as many businesses now realize the benefits of solar energy and utilizing rooftops for such solar panels," the company said in a statement Monday. In October, MRC inaugurated the 550-kilowatt peak(kWp) solar photovoltaic (PV) project, its first solar rooftop project which will power up rice milling plants in North Luzon.
The P34-million project by its wholly owned subsidiary
For this year, MRC said it also plans to tap opportunities on utility scale project developments, continuing existing projects within the umbrella of MRC such as
Apart from its renewable energy projects, MRC said it also wants to explore other business segments. "One of the new ventures that MRC will be exploring further this year is the sand export business," the company said.
In December, the company signed a sale and purchase agreement with
for the delivery of sand. Under the agreement, MRC will deliver to
"The contract will be effective for five years. The company will have a gross revenue of
Cosio said all these projects in the pipeline would transform
© Pakistan Press International, source