Goldilocks Bakeshop lifts solar capacity to 1,010 kWp with new Cebu and Pangasinan installations
Key Takeaways
- •Goldilocks commissioned rooftop solar systems in Cebu and Pangasinan, increasing its total installed solar capacity to 1,010 kilowatt-peak.
- •The new installations are projected to save about 1.06 million kilowatt-hours of electricity annually.
- •The larger 516-kWp system is located at Goldilocks' production facility in Lapu-Lapu City and supplies stores in Cebu, Bohol, Dumaguete, Masbate, and Siquijor.
- •A 494-kWp system was installed at the Richbake, Inc. facility in Pangasinan to support Goldilocks stores in Northern Luzon.
- •Goldilocks said the projects are expected to cut greenhouse gas emissions by about 716.48 metric tons a year.
Goldilocks Bakeshop, Inc. has commissioned new rooftop solar facilities in Cebu and Pangasinan, lifting its total installed solar capacity to 1,010 kilowatt-peak (kWp).
In a statement issued on Tuesday, the company said the new installations are projected to generate annual electricity savings of about 1.06 million kilowatt-hours.
The larger of the two systems, a 516-kWp rooftop array, was installed at the Goldilocks production facility in Lapu-Lapu City, which supplies stores across Cebu, Bohol, Dumaguete, Masbate, and Siquijor. A separate 494-kWp system was installed at the Richbake, Inc. facility in Pangasinan to support Goldilocks stores in Northern Luzon.
Both facilities were developed and are maintained by Lopez-led power producer First Gen Corp., whose generation portfolio spans natural gas, geothermal, hydro, wind, and solar plants and which has been expanding rooftop solar services for commercial and industrial customers.
Goldilocks said the facilities are expected to reduce greenhouse gas emissions by about 716.48 metric tons annually.
"We are already seeing tangible benefits from generating a portion of our energy requirements on-site, both through cost savings and lower carbon emissions," Goldilocks Head of Manufacturing for the Visayas Marilou Plando said.
The project follows a solar power purchase agreement signed by Goldilocks and First Gen last year, under which First Gen will build, install, and maintain the rooftop solar systems for 10 years. Under such arrangements, the developer finances and operates the equipment while the host facility purchases the power generated, allowing businesses to manage electricity costs without upfront capital spending — a key consideration in the Philippines, where power rates rank among the highest in Southeast Asia.
Rooftop solar adoption among Philippine commercial and industrial firms has been expanding as companies pursue cost control and emissions reductions in parallel, a trend supported by incentives under the Renewable Energy Act of 2008 (Republic Act No. 9513).
Founded in 1966, Goldilocks operates more than 1,000 bakeshops in the Philippines and has expanded into the United States and Canada. — Sheldeen Joy Talavera