MANILA - Schneider Electric plans to put up a manufacturing facility for solar power components in Cavite.
In a forum today, Schneider Electric Philippines president Philippe Reveilhac, said the company is keen on putting up the said facility to complement its manufacturing hub in the province.
"We have been working on a project for our manufacturing in Cavite. It hasn't been implemented yet but it's part of the plan," he said.
The proposed plant will allow Schneider Electric to manufacture solar power parts but not the panels.
The project, once put up, will help support the country's solar power industry, which Reveilhac said should "boom" on account of the net metering and tariff incentives approved by regulators.
"We have been prioritizing it but it's very difficult to say [the timeline]. [But] as soon as we can because we want to make it a showcase," he said.
A France-based multinational, Schneider Electric runs four manufacturing plants in Cavite that produce uninterruptible power system (UPS) devices.
Besides the production of UPS devices, Schneider Electric offers energy management and efficiency services. The company has over 2,000 employees in its local manufacturing plants and business process outsourcing units.
source: interaksyon.com
