Showing posts with label first. Show all posts
Showing posts with label first. Show all posts

July 31, 2016

First Local Solar Manufacturer in the Philippines

Savings from oil and coal importation

In a recent meeting last week, I met the President of a newly acquired Rural Bank and I found out that they are about to start operations of a local PV manufacturing plant, the first of its kind in the country soon.  The plant is capable of producing 200,000 panels a month (that is about  1000 kW worth of panels every month. And half of that would be for export.

The man used to to head a major chemical firm in the country, put up a petrochem plant

He expects mega sales from that.  He said that they eliminated the use of silver as a conductor and this means lower lower price.

He promised to email me the prices which he said are way way way low vs imported and China products

I said that with the rural bank, we can provide solar financing that is affordable