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Sunday, August 11, 2013

Future trend for Majorem Lending - financing installation of solar power

Majorem Lending is joining the bandwagon so that the country will get access to free and cheap source of power. Majorem will finance solar panel installation The facts on energy remain:

l. Oil and fossil fuel will be scarce;

2.  The current crisis in Egypt creates nervousness in oil supply (Egypt controls the Suez Canal) which is the choke point for oil tankers from the Middle East

3. There is a very thin margin for for reserve power in Luzon and MM grid as evidenced by occasional brown out.

4.  Many countries have adopted solar power and worldwide installation now total 100 gW.  What is the installed capacity in the PHL?

Thus Majorem Lending and Holy Gardens Greenhills (Calamba) memorial park will experiment on the use of this power with the cooperation of AV Garcia Power  Corp. 
AVGarcia Engineering Team;
 In this very site the 3KWp Photo Voltaic solar Panel will
be installed in Holy Gardens Greenhills Memorial Park.
The PV is expected to be operational
this coming October 9, 2013.






The 3KWp Photo Voltaic is
expected to supply the electricity requirement
of Holy Gardens Greenhills Memorial Park
and will save from 25% to 50%
of their monthly Electric bill. 








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