Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Clean energy companies tout community-centric business models

by
June 14, 2022
in Investing News
0
Clean energy companies tout community-centric business models
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter
WWW.WEGEN-ENERGY.COM

CLEAN ENERGY companies said their business models depends on community engagement, the importance of which they cited in making the transition to green sources of power more inclusive.

Charlie Ayco, president of WeGen Laudato Si’, Inc., cited community participation in his presentation on the company’s business model, “The Power of Sharing,” delivered during the Asia Clean Energy Forum 2022 on Tuesday.

“You can replicate the model… as long as you engage the local electric cooperative or the distribution utility because they own the distribution system, and then the participation of the community is very, very important because they are the ones maintaining and collecting the payments,” he said.

Knowledge of the technology, operations and maintenance are also crucial components, he added.

The model was applied to a community on Pamilacan island in Bohol, taking the form of a donation. Mr. Ayco said power used to be available only for eight hours a day, during night time.

“It is a 39-kilowatt power (kwp) solar photovoltaic (PV) system, and we included a 154-kilowatt hour battery storage,” he said.

“The solar PV system provided the daytime electricity needs of the island while the diesel generator powered the island during the night. As a result, the island got 24/7 electricity starting 2017,” he added.

“For our company, the Pamilacan power energy system is a perfect case of (making) sustainable energy available anytime and anywhere.”

John Mark Napao, president of Solar Hope, Inc., said his company’s strategy starts with community engagement or mapping, followed by capacity building or training, and then installation of solar home systems.

Solar Hope has been working since 2017 with communities in Malitam, Batangas; Paluan, Occidental Mindoro; and Antipolo, Tanay, Rodriguez, and Morong, Rizal.

He said Solar Hope is soliciting pledges for 829 homes, and has secured pledges for 446.

The group hopes to light 1,275 homes to “help families cope with the pandemic, distance learning, and enjoy the benefits of having access to energy.” — Arjay L. Balinbin

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Lanao power co-op to settle P12.9-billion arrears with PSALM

Lanao power co-op to settle P12.9-billion arrears with PSALM

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Polio found in New York wastewater as state urges vaccinations

Polio found in New York wastewater as state urges vaccinations

August 2, 2022
Susana Carrillo Highlights Her Career as a Strategic Operations Leader and Her Experience in Social and Economic Development

Susana Carrillo Highlights Her Career as a Strategic Operations Leader and Her Experience in Social and Economic Development

June 16, 2022
Tourism recovery in Asia-Pacific seen lagging other regions in 2022

Tourism recovery in Asia-Pacific seen lagging other regions in 2022

August 1, 2022
Corks popping as English wine sales hit record highs

Corks popping as English wine sales hit record highs

June 2, 2022
Inflation, labor shortages to delay recovery in business travel spending -industry forecast

Inflation, labor shortages to delay recovery in business travel spending -industry forecast

August 16, 2022
Secrets of success: Rob Straathof, CEO of Liberis

Secrets of success: Rob Straathof, CEO of Liberis

July 10, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.