CEMEX Philippines, a leading cement producer in the country, has signed a contract with Filinvest-Engie Renewable Energy Enterprise Inc. (FREE), to develop a 10.08 MW ground-mounted solar system in Cemex's facility in Apo Cement Plant in the City of Naga, Cebu. This solar energy project is expected to avoid over 10,000 metric tons of CO2 per year.

FREE is a joint venture company of FDC Utilities Inc., the power utility arm of diversified conglomerate Filinvest Development Corporation and Engie Services Philippines, the local division of Engie, a global leader in low-carbon energy and services.