Aboitiz Power bags two supply contracts
ABOITIZ Power Corp. (AboitizPower), through its retail electricity supply company Advent Energy Inc., bagged the contracts for two Visayas-based customers which have chosen to shift to renewable energy to run their manufacturing plants under the Department of Energy’s (DoE) Green Energy Option Program (GEOP).
The factories of car builder NKC Manufacturing Philippines Corp. (NKC) in LapuLapu City, Cebu and sugar producer Victoria Milling Co. (VMC) will now run on Cleanergy, AboitizPower’s renewable energy solutions brand that supplies communities and businesses with power derived from run-ofriver, large hydro, solar and geothermal.
The DoE’s GEOP empowers consumers with the option to source renewable energy from a licensed supplier as opposed to consuming what is supplied by the distribution utility in their area. The program also promotes the use of renewable energy to increase the share of clean energy in the country’s generation mix.
NKC President Norihiko Matsuda highlighted that using reliable and responsibly-sourced energy is important in their business operations.
For VMC, the choice to shift to renewable energy to run their bioethanol plant is a way to help the company achieve its sustainability goals. The sugar firm is hoping to positively impact the wider ecological system by using energy-saving technology and minimizing energy consumption, carbon emissions and pollution.
AboitizPower, together with its partners, is the Philippines’ largest owner and operator of renewable energy based on installed capacity. The company will build an additional 3,700 megawatts of renewable energy, growing its existing cleanergy capacity threefold by 2030.