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Energy solutions provider, Pi Energy, has partnered with Climargy Inc. to institutionalize energy efficiency and conservation (EE&C) projects that will aid businesses in reducing their carbon footprint. The deal between the two firms was designed “to remove massive amounts of excess, heat-trapping carbon dioxide (CO2) from the atmosphere and help businesses save on cost.”
Officially sealed last Dec. 9, the partnership has been classified as “a rare contract in Southeast Asia between two energy developers that focus specifically on developing EE&C solutions mainly for commercial and industrial (C&I) companies.”
The partnership hopes to “jointly develop a portfolio of EE&C projects, aimed at reducing electricity usage of client-companies by 1 terawatt-hour”, which can result in savings of up to P7.5 billion through 2040.
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