Visayas firms tap RE from Aboitiz unit
BY LENIE LECTURA – NOVEMBER 23, 2022
from Business Mirror
Advent Energy, Inc., the retail electricity supply arm of Aboitiz Power Corp., has been tapped to supply renewable energy (RE) to car builder NKC Manufacturing Philippines Corp. (NKC) and sugar producer Victorias Milling Co. Inc. (VMC).
The two Visayas-based customers have chosen to shift to RE to run their manufacturing plants under the Department of Energy’s (DOE) Green Energy Option Program (GEOP). They will now run on Cleanergy, AboitizPower’s RE solutions brand.
GEOP empowers consumers with the option to source RE 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 RE to increase the share of clean energy in the country’s generation mix. NKC President Norihiko Matsuda said using reliable and responsibly-sourced energy is important in their business operations.
“While we help build vehicles, we want to do our part in creating a safer world where families can enjoy the products we put to life,” Matsuda said. “We are confident that having AboitizPower as a supplier paves the way for NKC to go full speed with this direction.”
For VMC, the choice to shift to RE to run their bioethanol plant is a way to help the company achieve its sustainability goals. It hopes to positively impact the wider ecological system by using energy-saving technology, and minimizing energy consumption, carbon emissions, and pollution.
“As a sustainable enterprise, our company undertakes environmentally responsible practices within our business and promotes these across our supply chain and surrounding environment,” VMC President Minnie Chua said.
AboitizPower Senior Vice President for Commercial Operations Sandro Aboitiz welcomed the market’s positive response toward the government’s GEOP program as it drives the company to continue its momentum in reaching a 50:50 balance in its generation portfolio.
“We support the GEOP initiative of the DOE as it gives customers the freedom to choose renewable energy in meeting their energy requirements and their own energy supplier,” Aboitiz said.
