Cagayan Electric Power & Light Co Inc (CEPALCO) is a leading electricity distribution company in the Philippines, with a strong focus on renewable energy projects. Founded in 1952, the company has been serving the power needs of the people of Cagayan de Oro City and its neighboring areas for over 60 years. CEPALCO is committed to providing reliable and affordable electricity to its customers while also reducing its carbon footprint and promoting sustainable development.

One of the key areas of focus for CEPALCO is solar energy. The company has been actively developing solar projects in the region, with the aim of increasing the share of renewable energy in its power mix. The company has installed several solar power systems on its own facilities, including its headquarters building and its substation in Barangay Puerto. These systems generate clean energy that is used to power the company's operations, reducing its reliance on grid electricity and lowering its carbon emissions.

CEPALCO has also partnered with other organizations to develop larger-scale solar projects in the region. In 2016, the company signed a memorandum of understanding with the Department of Energy and the National Renewable Energy Board to develop a 1 MW solar power project in Barangay Indahag. The project, which is expected to be completed in 2021, will generate clean energy that will be fed into the grid and sold to customers in the region.

In addition to its own solar projects, CEPALCO is also promoting the adoption of solar energy among its customers. The company offers a net metering program that allows customers with solar panels to sell excess energy back to the grid, reducing their electricity bills and promoting the use of renewable energy. CEPALCO also offers a solar leasing program, which allows customers to install solar panels on their roofs without having to pay the upfront costs. The company owns and maintains the panels, and the customer pays a monthly fee based on the amount of energy generated.

CEPALCO's commitment to renewable energy extends beyond solar power. The company is also exploring other forms of renewable energy, such as wind, hydro, and biomass. In 2016, the company signed a memorandum of understanding with the Department of Energy to develop a 10 MW hydropower project in Bukidnon. The project, which is expected to be completed in 2021, will generate clean energy that will be sold to customers in the region.

CEPALCO is also exploring the use of biomass as a source of renewable energy. The company has partnered with local farmers to develop a biomass project that will use agricultural waste to generate electricity. The project, which is currently in the planning stages, will help to reduce the amount of agricultural waste that is burned or left to rot, reducing greenhouse gas emissions and promoting sustainable agriculture.

CEPALCO's commitment to renewable energy is driven by its desire to promote sustainable development in the region. The company recognizes that the Philippines is vulnerable to the impacts of climate change, such as rising sea levels, more frequent and intense storms, and droughts. By promoting the use of renewable energy, CEPALCO is helping to reduce the country's greenhouse gas emissions and build resilience to the impacts of climate change.

In addition to its renewable energy projects, CEPALCO is also committed to promoting energy efficiency and conservation among its customers. The company offers a range of energy-saving tips and programs, such as the use of energy-efficient appliances, the adoption of LED lighting, and the implementation of energy management systems. These programs help to reduce the amount of energy consumed by customers, lowering their electricity bills and reducing the demand for fossil fuels.

Overall, CEPALCO is a leading electricity distribution company in the Philippines that is committed to promoting sustainable development through the development of renewable energy projects. The company's focus on solar energy, as well as its exploration of other forms of renewable energy, is helping to reduce the country's reliance on fossil fuels and build resilience to the impacts of climate change. Through its commitment to energy efficiency and conservation, CEPALCO is also helping its customers to reduce their energy bills and contribute to a more sustainable future.