In 2024, SolX Technologies' clients realized total savings of PHP 500 million through innovative energy solutions applied across 365 MW of capacity in industrial facilities, commercial establishments, and educational institutions.
Manila, Philippines – January 2025 – SolX Technologies Inc. is at the forefront of transforming the Philippine energy landscape, empowering businesses to address regulatory compliance challenges, sustainability, and operational efficiency. In 2024, SolX Technologies' clients realized total savings of PHP 500 million through innovative energy solutions applied across 365 MW of capacity in industrial facilities, commercial establishments, and educational institutions.
With an average electricity savings of 25% per client—and exceptional savings of up to 40% for clients managing more than five facilities and subscribed to at least three of our services, including the Renewable Energy Marketplace (REM), Energy Efficiency and Compliance (EEC), and Energy Portfolio Management (EPM)—SolX Technologies continues to excel in delivering substantial and measurable value. Our flagship Energy Portfolio Management (EPM) service alone has generated over PHP 220 million in savings, along with an additional PHP 80 million in cost reductions from our Renewable Energy Marketplace (RE Marketplace).
Helping Clients Meet RA 11285 Compliance
As the April 15, 2025, deadline for compliance under the Energy Efficiency and Conservation Act (RA 11285) approaches, SolX Technologies is dedicated to guiding industries through the transition to a sustainable future. Our comprehensive Energy Efficiency and Compliance services are designed to optimize energy usage and support the adoption of renewable energy, ensuring businesses meet regulatory standards while realizing significant cost savings.
Key clients, including Converge ICT, Charter Chemical & Coating Corp., Genstar Manufacturing Corporation, the Lua Group of Companies (Nature Spring), Splash Corporation, and 21st Century Steel Mills, have partnered with SolX Technologies to enhance compliance and operational efficiencies. A prominent collaboration is with Sta. Lucia Mall.
Through this partnership, Sta. Lucia Mall aims to save PHP 1.7 million monthly by improving its energy procurement strategy and implementing energy-saving measures, resulting in significant cost reductions and enhanced operations.
"Energy efficiency encompasses more than merely attaining compliance; it drives sustainability and facilitates long-term cost reduction," stated Atty. Bradley Cua, Co-Founder of SolX Technologies Inc.
"Partnering with SolX Technologies has enabled us to optimize our energy procurement, securing a contract that forecasts monthly savings of PHP 1.7 million," added Ms. Andres, Vice President for Finance at Sta. Lucia Mall.
Commitment to Sustainability
SolX Technologies prioritizes regulatory compliance and promotes energy safety through workshops and consultations on responsible energy use. We invest in training for our energy auditors and data teams, fostering innovative solutions that align with the Philippine Energy Transition Strategies outlined in the Philippine Energy Plan for 2023 to 2050.
Future Outlook
With the RA 11285 compliance deadline on the horizon and growing demand for renewable energy solutions, SolX Technologies is well-positioned to continue its innovation trajectory. We remain committed to advancing solar energy adoption and providing robust support to businesses as they strive to meet regulatory milestones.
About SolX Technologies Inc.
SolX Technologies Inc. connects businesses with customized energy solutions, including our Renewable Energy Marketplace, to enhance efficiency, sustainability, and long-term savings. SolX Technologies is paving the way for a sustainable energy future in the Philippines by empowering industries to thrive.
This press release has also been published on VRITIMES
