Advent to supply power to ice plant
BY LENIE LECTURA – APRIL 11, 2022
from Business Mirror
Vita Tropic Ice Company Inc., an ice manufacturing company in Malabon City, will tap Advent Energy Inc., a retail business unit of Aboitiz Power Corp., for the supply of renewable energy under the government’s Green Energy Option Program (GEOP).
GEOP, a salient point of the Renewable Energy Act of 2008, is a voluntary policy mechanism that provides electricity end-users with an average peak demand of at least 100 kW for the past 12 months, the option to switch to renewable energy sources and choose their own renewable energy supplier
Vita Tropic is AboitizPower’s first GEOP customer.
AboitizPower has already received GEOP permits from the Department of Energy (DOE) for its retail companies, namely Advent Energy Inc., Aboitiz Energy Solutions Inc. (AESI), and Prism Energy Inc. With the DOE-issued permit, these entities are authorized to enter into a supply contract with qualified GEOP customers.
“As responsible citizens, we must ensure that in everything that we do, we do it with utmost regard to what effects it has on our environment, which is why we are very proud to be one of the first GEOP customers in the country today.
We’re happy to be partners with AboitizPower, a leader in the Philippine power industry. Through concrete solutions that use the best practices, our partnership built on trust and shared values give us the power to create meaningful impacts to build a better world for a cleaner and more sustainable future,” said David Co, Vita Tropic Ice Company Inc.’s head of business development.
Juan Alejandro Aboitiz, AboitizPower Senior Vice President for Commercial Operations, said the GEOP will give more customers the option and opportunity to join the movement towards a sustainable energy transition.
“We’ve been looking forward to the implementation of GEOP and now that it’s finally happening, we’re confident that we have the ability and expertise to serve the needs of the GEOP market,” he said.
In the next 10 years, Aboitiz Power will expand its Cleanergy portfolio, in support of the government’s efforts to promote renewable energy in the country. It plans to build an additional 3,700 MW of renewable energy, growing its existing Cleanergy capacity threefold by 2030.
