A steel products manufacturer in San Simon, Pampanga is ramping up its efforts in introducing clean and green technologies and advancement as it aims to become a pioneer in implementing sustainability efforts in the steel industry.
CEO Irwin Chua, Deputy Head of Mission of the Embassy of France in Manila Remy Tirouttouvarayane, Director of the Department of Energy - Renewable Energy Management Bureau Marissa Cerezo, Real Steel CFO William Chen, COO Felice Chua, TotalEnergies Country Chair Titos Castro, and Country Coordinator and Business Development Director Sandro Bruni
The event was attended by executives of RSC and TotalEnergies ENEOS as well as Department of Energy - Renewable Energy Management Bureau Director Marissa Cerezo, and Deputy Head of Mission of the Embassy of France in Manila Remy Tirouttouvarayane. Under the agreement and through a tailored business model, TotalEnergies ENEOS will install and maintain the PV system, while RSC will be the operator and owner of the asset from the commissioning. The business model proposed by TotalEnergies ENEOS ensures a neutral cash flow for RSC for the first 10 years of engagement. Afterwards, RSC will fully benefit from the asset for its entire lifespan of around 30 years.
For his part, Tirouttouvarayane praised the deal between RSC and TotalEnergies ENEOS as an outcome of the partnership between the Philippine and France in the energy sector.
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