As published on Business Mirror MRC Allied Inc. (MRC) will supply power to a mall in Mindanao, it said on Wednesday. A memorandum of agreement (MOA) for the development, design, construction, and installation of at least 1.1-megawatt (MW) Solar Photovoltaic (PV) rooftop system was signed. MRC did not identify the mall. Under the MOA, the MRC will be the project developer and owner of the solar facility while a private entity, owning and operating the mall, will be the power o
As published on Manila Times MRC Allied, Inc. has signed an agreement to design, construct and install a solar photovoltaic (PV) rooftop system that can generate at least 1.1-megawatt (MW) for a shopping mall in Mindanao. In a disclosure on Wednesday, MRC Allied said the 20-year deal would commence after the mall owner and operator—which was not named—issues an acceptance certificate to the listed company after it completes performance testing and interconnection. Under the a
As published on Malaya's Business Insight
MRC Allied Inc. has signed a memorandum of agreement for the development, design, construction, installation of at least 1.1 megawatts of solar photovoltaic rooftop system for a mall located in Mindanao area.
The company did not identify the mall but said the project will cost P67.4 million where MRC Allied will become project developer and owner of the solar facility while the mall will become the off-taker of the electricity pr
As published on Inquirer MRC Allied Inc. (MRC) continues to broaden its portfolio of solar projects after signing a memorandum of agreement (MOA) with a mall operator in Mindanao for a P67-million 1.1-megawatt solar photovoltaic rooftop system. In a statement, MRC said it was designated as project developer and owner of the solar facility, the output of which would be sold to the mall owner. The project, costing an estimated P67.4 million, is intended for use for 20 years. L
As published on Philippine Star
MANILA, Philippines — MRC Allied Inc. is pursuing a solar rooftop project in Mindanao to meet its 100-MW target and become a key player in the country’s solar industry. In a disclosure to the Philippine Stock Exchange yesterday, MRC said it executed a memorandum of agreement for the development and installation of a 1.1-megawatt solar photovoltaic (PV) rooftop system for a mall located in the Mindanao area. “Under the MOA, MRC will be the pro