UGE International Ltd. Secures Two New Contracts with Schools in the Philippines
January 23, 2018 at 05:18 pm IST
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UGE International Ltd. announced it has secured contracts with two separate private schools in the Philippines to design and build solar rooftop installations. The two contracts are the first for UGE in 2018 after successfully growing its operations in the country more than 5X in 2017. Within the Philippines, schools pay some of the electricity rates. The average rate, $0.21/kWh, is 61% more expensive than what typical commercial and industrial power users pay, making solar energy a valuable alternative for Philippine schools. UGE has extensive experience working within the educational sector in its other key markets, Canada and the US. One of the solar projects, for a school in Cebu City, will offset 100% of the school's energy usage, resulting in 67% cost savings. The second project, in southern Cebu City, will offset 62% of the school's energy supply and result in 81% cost savings. Combined, the solar installations will have a peak generating capacity of 161 kW and an equivalent environmental benefit of offsetting more than 4 million pounds of coal. Furthermore, the systems will provide immediate cost savings to the schools and isolate them from rising energy prices.
UGE International Ltd. is a Canada-based company, which develops, owns, and operates commercial and community solar projects in the United States and strategic markets abroad. The Company is also providing engineering, procurement, and construction (EPC) services, and engineering services to third parties on a limited basis. The Company's hosts include building owners, landowners and institutions. It works with its client's team to identify sites on their property ready for rooftop, ground-mount, and/or carport solar installations. The Company's distributed energy solutions deliver cleaner energy to businesses and consumers with no upfront cost. It has over 500 megawatts (MW) of solar project experience. It is focused on its project portfolio, including its project development backlog, which stood at approximately 316.3 megawatts (MW). Its projects include Bertoline, Norway, Abingdon, Smithville Solar One, Foxcroft Academy, Sculler Solar Gardens and Tuckahoe Housing Authority.