SM City Santa Rosa unveils largest SM solar photovoltaic (PV) system, leading SM Supermalls in sustainability shangbao.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shangbao.com.ph Daily Mail and Mail on Sunday newspapers.
Key figures championed a greener future at the April 29 press launch. They include SM Supermalls' President Steven Tan (3rd from left, front), Santa Rosa City Mayor Arlene Arcillas (2nd from left, front), Department of Environment and Natural Resources (DENR) Environmental Management Bureau Director Jacqueline Caancan (2nd from right, front)…
ADB, Buskowitz Solar ink $12 million loan for rooftop panels philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
SunStar Vivant expands renewables portfolio with investment in Buskowitz Energy
INVESTMENT. Cebuano company Vivant Corp., through its subsidiary Vivant Renewable Energy Corp. (VREC), has invested in Buskowitz Energy, a sustainable solutions enterprise specializing in rooftop solar installations. Buskowitz Energy, together with VREC, has installed several rooftop solar systems, including that at the Gothong Private Wharf in Cebu. / VIVANT CORP.
+ March 11, 2021 THE Vivant Group is expanding its renewables portfolio with its latest equity investment into one of the country’s major players in rooftop solar.
Vivant Renewable Energy Corp. (VREC) will acquire a shareholding of 34.85 percent through a series of investments in Buskowitz Energy, a sustainable solutions enterprise specializing in rooftop solar photovoltaic installations. The investment is part of the Vivant Group’s commitment to expand its renewable energy portfolio.
Angelica Y. Yang
BUSKOWITZ Energy is looking at raising around P1 billion for solar rooftop projects this year, about 40% of which would be funded by a local company, the renewable energy developer’s top executive said.
“Our initial idea is to raise a billion [pesos], maybe a little less, given that it’s already February. [Our] target is to invest about 800 to 1 billion [pesos] this year,” the firm’s Chief Executive Officer James Buskowitz told
BusinessWorld in a video call Thursday.
The projected capital raising is more than twice the previously recorded amount in 2019. “In 2019, we raised about 300 [to] 400 million [pesos]… every two years, we’ve almost doubled our capital raises,” he said.