Vivant Corporation is earmarking around Php 4.5 billion for its 2025 capital expenditure (CAPEX), with the bulk of the investment going toward renewable energy developments in solar and wind.
The renewable energy projects are part of Vivant’s long-term commitment to sustainability. In June 2024, the company announced plans to allocate Php 15 billion for renewable energy developments through 2030, with a total projected equity investment requirement of up to Php 22 billion.
In a report by Business World, Vivant Chief Executive Officer Arlo Angelo Sarmiento said that the company aims to roll out solar power projects with a combined capacity of 115 megawatts (MW) and a 200-MW wind power project in Samar.
Most of the energy generated from these projects will be supplied to Vivant’s retail electricity supply (RES) arm, a growing segment of the company’s business.
Sarmiento added that the firm is considering the strategy of establishing plants and introducing them to the market through RES. Among the solar initiatives is a 22-MW facility in Bulacan.
The Vivant CEO also said that much of the groundwork for these projects will begin in 2025.
Vivant’s ventures into renewable energy align with national goals to diversify energy sources and reduce carbon emissions.
Stay updated on how Vivant’s renewable energy projects may shape the future of power in the Philippines.
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