IMPERIAL LAUNCHES SOLAR MASS HOUSING November 28, 2014 Imperial Homes Corp. said Thursday it will build the country’s first solar-powered mass-housing community that will produce electricity rates by P1 per kilowatt hour. “We expect electricty rates to be at least P1 per kWh lower.” IHC president and chief executive Emma Imperial told reporters in a news briefing. The solar-powered cominuty called Via Verde is composed of 1,000 mass housing units in Santo Tomas, Batangas. Via Verde is located on a three-hectare property with a combination of row houses ans two-bedroom townhouses. Each townhouse will have 500 watts of solar panels installed for free to enable buyers to enjoy lower electricity rates through the lease-back program of Enfinity of Belgium, Imperial’s partner in the project. Imprerial signed a joint venture with Enfinity Group, a Belgian company that finances, builds, owns, operates and maintains solar panels with operation in the United States. Imperial said it would spend P600 million to construct the housing while Enfinity allocated $1 million for the installation of the solar panels. CBL Group, a UK-registered and China-based company, will provide green panels for pre-fab and modular housing. “These solar-powered homes will dramatically reduce the cost of electricity and provide a greener environment for our low-cost housing projects,” Imperial said. The project aims to alleviate the country’s backlog on mass housing currently pegged at three million as well as help provide a greener solution against the worsening effects of climate change. -Manila Standard Today – Alena Mae S. Flor

Real estate developer Imperial Homes Corp. (IHC) announced it will launch Via Verde, the first solar-powered mass housing project in the Philippines. Set for a grand launching in January next year, IHC said an initial 1,000 units of solar-powered homes will be made available to the public in a three-hectare land in Santo Tomas, Batangas. Each unit will be equipped with 500 watts solar panels that will be installed for free. A unit, with a floor area of 18 square meters in the solar-powered housing project, starts at P510,000. The development of the houses amounted to a total of P180 million and $1 million for the solar panels. “We have a dream to make the Philippines as the solar power capital of Asia as we are one of the countries with the biggest electricity rate and we also have a big irradiation capacity, meaning we have lots of solar power available for use,” said IHC president and chief executive officer Ellen Imperial. She explained that the solar panels in each of the houses are capable of powering a refrigirator for 7 hours, television and electric fan for 4 hours, a pair of mobile phones for an hour of charging and 30 minutes use of an iron for daytime use. The introduction of the 500 watts solar panels can save homeowners up to P1 per kilowatt hour. It also translates to saving $1.4 billion in fossil fuel consumption and preventing 148,000 tons of carbon emission anually. IHC partnered with Belgian solar panel producers Enfinity Group in maintaining and installing the said solar power technology. “The homeowners will pay a rent for the solar panels for maintenance and connection fee. Tehy will also have a choice to ass a more capacity if they find the 500 watts to be insufficient for their use,” Imperial said. The solar panels are offered with 25 years warranty and 12 years guarantee for unit performance. IHC also said it is currently in talks with banks and other lending institutions to quantify solar power upgrades as a legitimate reason for a loan. -Malaya -Jed Macapaga

Imperial Homes Corp. (IHC) has partnered with renewable energy developer Enfinity Group to build what will be known as the first solar-powered mass housing community in the country. Emma M. Imperial, president and chief executive officer of IHC, told reporters that the company will formally launch Via Verde located in the municipality of Sto. Tomas next year. “We will have 1,000 houses with installed solar panels on the rooftop. The grand launch will be on Jan. 14″ Ms. Imperial said in a briefing in Makati City. “We expect to sell all 1,00 units one year after the grans launch.” she added. The project entails a $ 1-million investment for the solar installation. Via Verde is a three-hectare property featuring row houses and two-bedroom townhouses each installed with 500-watt solar panels. IHC builds low-cost and socialized housing in parts of the Bicol region as well as in Las Pinas, Cavite, Batangas, Laguna and Nueva Ecija. – Business World -Claire-Ann Marie C. Feliciano

Imperial Homes Corp. (IHC), a company that has built over 15,000 homes including housing in the remostest parts of the country, signs a joint venture agreement with Enfinity Group, one of the world’s largest solar developers, to provide solar solutions to IHC’s mass housing projects. IHC, which will jumpstart with 1,000 solar powered homes in Batangas, pioneered the usage of solar power for its low-cost housing projects in the country.Toasting the new partnership are Enfinity Global Chairman Gino Van Neer, Enfinity Philippines President Dennis ibarra,IHC President and CEO Emma M. Imperial, IHC Chief Finance Officer Mariw Rowena Bunyl and IHC director Jacob Pena. – The Philippine Star Business

Imperial Homes Corp.(IHC a company that has built over 15,000 homes including housing in the remotest parts of the country, signs a joint venture agreement with Enfinity Group, one of thr world’a largest solar solutions to IHC’s mass housing projects. IHC, which will jumpstart with 1,000 solar powered homes in Batangas, pioneered the usage of solar power for its low-cost housing projects in the country. Toasting the new partnership are; Enfinity Global Chairman Gino Van Neer, Enfinity Philippines President Dennis Ibarra, IHC President and CEO Emma M. Imperial, IHC Chief Finance Officer Maria Rowena Bunyi, and IHC Director Jacob Pena. -Malaya Business Insight