Philippines’ GreenHeat and GreenDot lead solar PV growth as demand rises

October 23, 2024
7:18AM PHT

Demand for solar photovoltaic (PV) rooftop installations in the Philippines has surged since the pandemic, driven by energy independence needs, cost-saving initiatives, and environmental concerns, according to the head of solar solutions firms GreenHeat and GreenDot.

Glenn Tong
GreenHeat's director says after sales service is one of the firm's key strengths.

As such, both firms tapped into this growing market, providing solar solutions to both businesses and households, the firms’ director, Glenn Tong, said in a press briefing on Tuesday, Oct. 22.

GreenHeat, founded in 2010, initially focused on large-scale energy solutions. In 2015, it launched GreenDot to meet rising demand for smaller residential installations.

Despite the pandemic’s challenges, both companies continued operations, helping clients meet increased energy consumption needs at home and maintain sustainable business operations.

Since 2020, GreenHeat has installed more than 45 systems, totaling 17,791.92 kilowatt-peak, for businesses like SM, Landers Superstores, and Wilcon Depot. GreenDot, meanwhile, has completed 45 residential projects with a similar total capacity.

As companies leveraged pandemic downtime to adopt greener operations, households sought solar solutions to cut energy costs amid work-from-home arrangements.

“We are committed to addressing this demand for clean energy,” Tong said. “It has always been our mandate to contribute to the global drive towards net zero carbon emissions. We now have new services and technologies that make solar PV systems more efficient, allowing owners to enjoy the benefits of renewable energy for a much longer period.”

GreenHeat and GreenDot have expanded their services to include operations and maintenance, quality assurance, and refurbishment of malfunctioning or unfinished solar PV systems.

They have also introduced hybrid systems and are exploring floating PV technology and non-arable land for solar farms. The companies are advancing e-vehicle adoption through solar-powered charging stations.

GreenHeat, the first in the Philippines to offer power purchase agreements, has also made solar more accessible by partnering with major banks — BDO, BPI, and Security Bank — for financing options.

As the Philippines intensifies efforts toward sustainable energy solutions, Tong said GreenHeat and GreenDot remain at the forefront of the solar energy transition, making renewable energy more accessible and affordable for businesses and households alike.

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