Wednesday, June 20, 2018

AboitizPower inks power supply deal with Nueva Ecija electric cooperative


June 18, 2018 | 12:03 am

ABOITIZ POWER Corp. said an electric cooperative in Nueva Ecija had signed a power supply deal to source 33 megawatts (MW) from the company’s clean energy brand to benefit 10 municipalities of the province.
In a statement, the company said Cleanergy, its brand for clean and renewable energy, will be delivered to Nueva Ecija II Electric Cooperative, Inc.’s area 1, which includes the towns of Talavera, Lupao, Carranglan, Aliaga, Quezon, Licab, Sto. Domingo, Muñoz, Guimba and Talugtug.
AboitizPower said the power supply contract represents 80% of the peak demand of the electric cooperative.
Reynaldo V. Villanueva, area 1’s board president, was quoted as saying that the decision to use renewable energy is a key milestone of the electric cooperative, which was established in 1975 and had been sourcing its energy requirements from non-renewables.
“We consider our Cleanergy partnership with AboitizPower as a major accomplishment because we have been using non-renewable energy since we started operations 40 years ago. But we wanted to explore other energy options to maximize benefit to our customers, and at the same time, minimize impact on the environment. So we looked at several power companies and in terms of track record, capacity, and customer service, AboitizPower emerged as our power partner of choice,” Mr. Villanueva said.
Area 1 is the third electric cooperative in Luzon to use Cleanergy for its customers, AboitizPower said.
The company has been providing clean and renewable energy for 40 years now from its portfolio of hydro, geothermal, and solar power plants, which are strategically located all over the Philippines, it added.
AboitizPower and its partners produce more than 1,200 MW of clean and renewable energy from 30 power plants, it said.
“The Cleanergy brand is our solution to the growing demand for renewable energy in the country,” Luis Miguel O. Aboitiz, executive vice-president and chief operating officer of AboitizPower’s corporate business group, said.
He said AboitizPower’s portfolio of renewable energy assets ensures customers that their power supply “is reliable, reasonably priced, and responsibly delivered.”
Earlier this year, eight electric cooperatives in Mindanao contracted a total of 45 MW of Cleanergy, adding to AboitizPower’s fast-growing clientele that includes Asian Development Bank, The Net Group, NestlĂ© Philippines, Inc., Eton Properties Philippines, Inc., Shangri-La’s Mactan Resort and Spa, and Union Bank of the Philippines.
“We are confident about our partnership with AboitizPower as we believe they have the expertise and capacity to cater to our power needs,” Mr. Villanueva said. — Victor V. Saulo

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