Deal #10730

Philippines
Created at
2024-09-26
Last update
2025-01-29
Last full update
2025-01-29

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
The previous owner (Crismin Realty Coporation) used to extract 250cu meters of ground water per month, but since the land was acquired by GigaSol, there has been no use for the water. Source: Regional: AC Energy Green Bond Project (PDF) The 2023 Integrated Report stated: "In our Philippine solar plants, rainwater harvesting systems have been installed to serve as an alternative water source for activities such as PV module cleaning and house load needs. In addition to the rainwater harvesting systems, Palauig Solar 1 also implements a waste conservation program wherein employees are informed on responsible water use."

How much water is extracted?

Water footprint of the investment project
The 2023 Integrated Report stated: "In our Philippine solar plants, rainwater harvesting systems have been installed to serve as an alternative water source for activities such as PV module cleaning and house load needs. In addition to the rainwater harvesting systems, Palauig Solar 1 also implements a waste conservation program wherein employees are informed on responsible water use."