Cebu-based manufacturer Treasure Island Industrial Corp. (TIIC) expanded the capacity of its rooftop solar plant in its packaging division, iPak by 729.3-kilowatts (kW) in collaboration with Corenergy, a subsidiary of Vivant Energy Corp.
The company increased its solar generation capacity, transforming about 11,000 square meters of roof space at iPak in Barangay Tingub, Mandaue City.
It said iPak completed the first phase of its rooftop solar project in 2019, with the installation of a 1,345-kW system, supplied by Corenergy.
Combined with the newly energized phase 2, iPak’s built-in solar rooftop power plant already has a total generation capacity of 2,074 kW (2 megawatts), equivalent to about 35 percent of its energy demand.
The additional solar generation capacity at iPak enables TIIC to prevent the emission of 527 metric tons of carbon dioxide annually, equivalent to what 12,100 trees can sequester yearly.
IPak, which caters to both local and international markets, specializes in the manufacturing of flexible plastic packaging such as stand-up pouches, three-side seal bags, cap seals, labels, PE bags and collation shrink film. It also produces rigid plastic packaging such as microwaveable containers and thermoformed clamshells and trays.
“Today adds another milestone in the partnership between TIIC and Vivant Corenergy and we see more opportunities to grow together in our journey towards sustainability and cost-efficiency,” said TIIC executive vice president Douglas Ong during the ceremonial switch-on of iPak’s phase 2 of rooftop solar project.
TIIC president and chief executive Daniel Ong shared the company’s decision to tap renewable energy came with the recognition of its responsibility to the environment.
“We are very satisfied with our partnership with Corenergy because we can have a cheaper energy source and yet one that is clean and friendly to the environment,” he said. “We are thankful to Corenergy for making this possible with solar energy,” Ong said.
Vivant Energy vice president of operations Mark Habana said the partnership with iPak dates back to 2019 after and installing solar panels on the rooftop of their manufacturing plant.
“This was our first solar project in Cebu and that makes our partnership with iPak very special to us at Corenergy,” said Habana.
“We are honored that we are able to help iPak leverage solar energy to support their mission of becoming a value-driven company that generates sustainable growth and profitability,” Habana said.