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Green technology

Masbate Gold Project Expands Solar Power Installations to Cut Carbon Emissions

Strategic Insights

— 1 min read

Renewable energy has become the new norm for companies operating at the Masbate Gold Project, with Filminera Resource Corporation (FRC) and Philippine Gold Processing and Refining Corp. (PGPRC) investing in solar power installations. The project aims to reduce carbon dioxide emissions by approximately 8,500 tons per year, saving up to 3.3 million liters of fuel annually, amounting to about USD2.7 million in cost savings. This initiative is part of the companies' commitment to generating clean energy, building on the 2,000 rooftop panels already installed across five buildings, which generate 1.3 megawatts of electricity.

Key Takeaways:

  • The Masbate Gold Project has installed 16,000 solar panels, expected to generate 8.2 megawatts of electricity and reduce carbon dioxide emissions by approximately 8,500 tons per year.
  • The solar panels will save up to 3.3 million liters of fuel annually, translating to about USD2.7 million in cost savings.
  • The project is part of the companies' commitment to generating clean energy and aims to cut their dependence on fossil-fuel generators.
  • The solar power installation has already reduced daytime generator set usage from five to about four.
  • The project builds on the 2,000 rooftop panels already installed across five buildings, which generate 1.3 megawatts of electricity.
  • Filminera is open to allocating additional land should PGPRC decide to expand the solar farm further.
  • The project aims to be fully operational by August 2025.
  • PGPRC is working with the Environmental Management Bureau (EMB) to secure the required environmental compliance certificate.

Statistics:

  • 8,500 tons of carbon dioxide emissions reduced per year
  • 16,000 solar panels installed on-site for electricity generation
  • 8.2 megawatts of electricity to be generated from solar panels
  • 3.3 million liters of fuel saved annually
  • USD2.7 million in cost savings from reduced fuel consumption
  • 1.3 megawatts of electricity generated from existing rooftop panels
  • Solar farm project covers 8.7 hectares of land

Sources:

  • "FRC, PGPRC join hands to power Masbate mining site with solar" by Aroroy – June 20, 2025

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