On TIME: Energy woes that plague the Philippines

For as long as she can remember, electricity has been a luxury to 39-year-old Candace Evangelista. Living in the Philippine capital of Manila, the small-business owner remembers the days when her parents would struggle to prepare food and get household chores done with a sporadic power supply. More than 20 years later, she faces the same tribulations. “Now that I am a mom myself — that’s when you really feel it, how inconvenient it can really be.” Preparing meals for her family is a tough job without electricity. Cleaning up afterward is another ordeal. Her business, a tutorial center for schoolchildren, suffers as well. In the summertime, it becomes a sauna when the power fails, so enrollment plummets. The center has a diesel-powered generator for use during scheduled outages or brownouts, but it’s becoming expensive to run.

Like most Filipinos, Evangelista never dreamed that the rolling power outages that crippled the Philippines in the early 1990s under then President Cory Aquino would still bedevil the country. But they have, raising concerns about the sustainability of one of Asia’s fastest-growing economies. In May, at the start of a sweltering summer, Luzon — the Philippines’ largest island and the hub of the nation’s commercial and industrial activity — suddenly blacked out. Six power plants failed. Last month, Albay province’s 1.2 million people lost power for 39 hours  because the local electricity provider, Albay Electric Cooperative, failed to settle its bill with the national power-grid operator. The $93 million sum had been outstanding for 15 years. On Friday, a brownout was announced throughout Misamis Occidental province (as has been done over 200 times since January). The next one: Pampanga, one of the richest provinces, which will lose power on Wednesday for eight hours. Consumers suffer and so do businesses that have to pay workers when machinery and premises are sitting idle.

Read the whole article here.

 

– Anjani Trivedi

Featured by TIME, 6 August 2013

 

Worried about energy for your homes and business? Click here to view the only energy sustainable building in the whole of Mindanao! It produces its own energy.

 

 

On BusinessMirror: BPI extends loans to eco-friendly projects and programs

Davao City – Ayala-owned  bank of the Philippine Islands (BPI), one of the country’s largest universal banks, sponsored the staging of the first Mindanao energy efficiency (EE) forum held in Marco Polo Hotel Davao recently.

One of its clients under its Sustainable Energy Finance program, Italpinas European Design and Eco-Development Corp., presented its EE case for the real estate industry. In an interview, Italpinas Chairman Arch. Romolo Valentino Nati said there is a need to correct misimpression that green design or initiative is costly.

Funded through a loan with BPI, Italpinas has built an eco-friendly mix-use building in Cagayan de Oro City.

“The mix-use building offers the same price range with other buildings in the market. The building design provides natural ventilation and temperature control inside the building. Use of air-condition units is 60 percent of the total power consumption and with green designs the consumption of energy can be reduced,” shared Nati.

BPI provides funding for EE and renewable-energy projects for companies interested in pursuing green initiatives, and the savings they generate from energy consumption are used to pay for the loan.

“Energy efficiency is the most reliable and cheapest means to contribute to achieving energy security. Power shortages are prevalents in the country and energy cost is increasing. The benefits of EE projects are immediate than building a new power plant, which will take two or three years to operate,” said BPI Sustainable Energy Finance Head Nanette Biason.

 

Featured on BusinessMirror, 6 August 2013

On Business Daily: What’s the rush this August?

The month of August remains to be one of the busiest months in Cagayan de Oro thanks to the yearly festivities of the Kagay-an Festival.

People from all over Mindanao flock to Cagayan de Oro during this time to attend the week-long fiesta that is bursting with competitions, exhibitions, dances and trade fairs that all boast the local culture, tradition and products.

Aside from that, a large number of OFWs also returns this month, especially those who live in the western countries where it is currently the summer season, to be with their family and friends and to be home.

Read the rest of the story here.

Featured in Business Daily, 1 August 2013

August Rush: Get as much as Php 50,000 OFF on Primavera Residences units

Dear Primavera Residences Investors and Friends,

Good day!

Please find below some of the top reasons on why you should invest in Primavera Residences.

Primavera Residences, developed by ITALPINAS Euroasian Design and Eco-development Corporation – a sustaining member of the Phlippine Green Building Council – is the first eco-friendly condominium in Northern Mindanao. Its unique modern design, conceptualized by multi-awarded Italian architects, is a perfect mix of form and function rewarding you with a beautiful home that can sustain itself, helping you save on your electricity bills!

Located in Pueblo Business Park in uptown Cagayan de Oro, Primavera Residences is in the middle of many important establishments, like SM Cdo, universities, a world-class golf course and many more. Being located uptown also means that your property is in a flood-free, and therefore, a safer zone.

Primavera Residences is definitely a good investment because of its income generating opportunities. As of now, for example, all of our fully furnished 2-bedroom units are being rented out – and the requests for more units for rent has been increasing in the past month.

Now is definitely the best time to invest not only because you will earn income right away, but because for the whole month of August, you will get a discount of Php 50,000.00 when you buy a unit from Primavera Residences Tower A (with a 15-month installment period) and a Php 20,000 discount when you buy a unit from Tower B (with a 20-month installment period).

Take advantage of this investment potential at Primavera Residences. Call us now at (088) 310 8173 or 0917 792 1078!

To learn more, please visit our website at www.primaveraresidences.com and like our Facebook paage at www.facebook.com/CondoPrimavera.

Thank you very much and have a good day!

On the Philippine Daily Inquirer: Cagayan de Oro tops list of most competitive cities

Cagayan de Oro City in Misamis Oriental is the most competitive city in the country, according to the 2013 Cities and Municipalities Competitiveness Index.

Rounding up the top five most competitive cities in the country were Iloilo City; San Fernando, Pampanga; Butuan City, Agusan del Norte, and Bacolod City, Negros Occidental.

The index, which was presented in a regional summit in Makati on Tuesday, also named San Francisco in Agusan del Sur as the most competitive municipality, followed by Guagua in Pampanga; Carmona in Cavite; Daet, Camarines Norte, and General Trias in Cavite.

Guillermo Luz, National Competitiveness Council co-chair for the private sector, explained that the competitiveness of the cities and municipalities was determined based on 30 weighted indicators measuring economic dynamism, government efficiency and infrastructure.

More specifically, these indicators included rankings on governance; power and water rates and connections; number of hotel rooms, cell sites, hospital beds, among others; length of travel to airports and seaports, and the ease of business permits and licensing systems in a particular area. There were 122 cities and 163 first class municipalities included in the report.

 

Read the rest of the story here.

– Amy R. Remo
Featured by the Philippine Daily Inquirer, 30 July 2013

On Business Mirror: European builders pitch for green tech, energy efficiency in PHL construction

DAVAO CITY—European companies pitched for more aggressive application of energy efficiency and green technology in construction in the Philippines, and cited the natural environment and abundance of renewable-energy sources to back this technology.

The Filipino-Italian firm ItalPinas Euro Asian Design and Eco-Development Corp. said the Philippines is endowed with the natural fresh environment that could be tapped for natural ventilation of buildings, and the same structures, including industrial and other commercial operations, could be aided with more cost-saving, energy-efficiency solutions.

Romolo Valentino Nati, chairman of ItalPinas, told reporters at the sidelines of the energy-efficiency forum held in this city on Tuesday that green buildings and the application of green technology in other structures “should not scare investors over the addition of expensive materials and devices.”

Read more here.

 

– Manuel T. Cayon

Featured in Business Mirror, 27 July 2013

On Business Week Mindanao: Green design is cheaper

DAVAO City––Although the green designs for buildings in the Philippines has just started, it is becoming a trend and a good opportunity for Mindanao to go for it.

This was said by Architect Romolo Valentino Nati, chairman, ITALPINAS European Design & Eco-Development Corporation in a press conference held during the conduct of Mindanao Energy Efficiency Forum on Tuesday at the Marco Polo Hotel Davao.

Nati said there is a need to correct the impression that green design is costly saying “we should help correct this kind of stereotyping.”

The design of the building helps ensure natural ventilation as Nati said we need to control the temperature inside the building.

He said the use of aircondition units is 60 percent of the total power consumption and with green designs the consumption of energy can be reduced.

Nati’s corporation has built an eco-friendly mix use building in Cagayan de Oro City where funding was accessed through the Renewal Energy facility of the Bank of the Philippine Islands.

Read the rest here.

 

– bwm

Featured in Business Week Mindanao, 26 July 2013

On Business Week Mindanao: Green tech to reduce energy consumption

DAVAO CITY—To reduce the use of energy, it’s high time for real estate developers in the Philippines to go into green technology, said Architect Romolo Valentino Nati, chair of Italpinas Euroasian design and Eco Development Corporation.

Speaking at a press conference Tuesday at the sidelines of the 1st Mindanao Energy Efficiency Forum, Nati said that 60 percent of the country’s buildings is utilized on air conditioning units.

“We can reduce this with green building technology,” Nati said.

He confirmed that most of the developers in the country are hesitant to engage in green building technology in real estate because of the high cost.

Nati, however, said to avoid high cost, developers should not implement “too much technology because it would cost too much. If conceptualized, we can avoid high cost.”

Read the complete story here.

 

– Judy Quiros

Featured in Business Week Mindanao, 26 July 2013

On Manila Standard Today: ‘Bahay Kubo’-inspired designs for MRBs

An Italian architect with an eye for endemic Filipino design models like the “bahay kubo” is fast making a name in the local and international real estate and green architecture industry.

Architect Romolo V. Nati, Chairman and CEO of ITALPINAS Euroasian Design and Eco-Development Corporation (ItalPinas), said he sees the humble bahay-kubo as the quintessential sustainable house.

“We try to incorporate the bahay kubo green architecture concept into our designs,” Nati said of his Filipino team of architects.

ItalPinas built the first green medium rise building (MRB) complex in Mindanao – the Primavera Residences in Cagayan de Oro City.

Read the story here.

 

– MST News

Featured on Manila Standard Today, 16 July 2013

On Business Week Mindanao: Primavera condos are now available for short,long stays

OF all the factors travelers in the Philippines consider when choosing a place to stay, location is usually the most important one to consider.

Which makes Primavera Residences a top choice for the discerning traveler to Cagayan de Oro City.

Conveniently located at the Pueblo de Oro Business Park in Uptown Cagayan de Oro, it’s but a short walk to SM City and a short drive to the city’s premier sporting venues, the Pueblo de Oro Golf and Country Club and Xavier Sports and Country Club.

Read the story here.

 

– wbm

Featured in Business Week Mindanao, 15 July 2013