FIRST GEN Corp. has turned over solar panel systems for three state facilities in Tuguegarao City and Cagayan province, which will help reduce carbon emission and bring down electricity costs.
The recipients are the Tuguegarao City government, Cagayan National High School (CNHS), and Cagayan 1 Electric Cooperative (CAGELCO 1).
The renewable energy systems have a capacity of 2.4-kilowatts each and will be installed at CNHS’ main campus, the main office of CAGELCO I, and the city-run Peoples’ General Hospital.
“The donation is a small token but the hope is that, with this initial gesture, this project would go a long way in making Cagayanos look into sustainability, fight climate change and contribute in our hope for a decarbonized future,” said First Gen Vice President Gerald T. Cajucom in a press statement.
He said 1,600 kilograms of carbon dioxide emission stands to be reduced per site while bringing annual savings of P43,000 each.
“Renewable and clean sources of energy translate to reduction in electricity costs and it will be so in the next 20 years,” Mr. Cajucom said.
First Gen shares slid by five centavos or 0.20% on Wednesday to P25.15 apiece. — Ram Christian S. Agustin