TotalEnergies ENEOS has successfully commissioned a 1.9 megawatt-peak (MWp) solar rooftop photovoltaic (PV) system in partnership with SteelAsia Manufacturing Corporation, the Philippines’ leading steel company and one of the largest global rebar producers.
The PV system, installed with over 3,200 solar modules at SteelAsia’s Meycauayan, Bulacan facility, generates approximately 2,700 megawatt-hours (MWh) of renewable energy annually. This project provides significant cost savings for SteelAsia while reducing its carbon footprint by around 2,300 tons of CO2 emissions per year—equivalent to planting more than 34,500 trees.
Under a 10-year solar agreement, TotalEnergies ENEOS fully funded, installed, and will operate the solar system throughout the duration of the contract. SteelAsia will purchase the electricity produced over the next decade with no upfront costs.
This initiative is part of SteelAsia’s broader decarbonization strategy to incorporate renewable energy into its operations. The company’s Calaca green steel manufacturing plant and Compostela, Cebu rolling mill are already powered by geothermal energy.
“Sustainability is at the core of our vision for the future of steel manufacturing”, said Andre Sy, President of SteelAsia. “This solar project with TotalEnergies ENEOS is a crucial step in reducing our environmental impact while ensuring energy sufficiency across our operations.”
“The steel industry is energy intensive, and we understand the need for improved energy efficiency. We are delighted to be SteelAsia’s trusted partner for their first solar rooftop project, supporting them on their decarbonization journey and contributing to the development of sustainable steel industry in the Philippines,” said Ingrid Jaumain, Zone Director of TotalEnergies ENEOS Renewables Philippines Project Corp.
