First Gen Corp has been tapped by polyethylene terephthalate (PET) bottle manufacturer McBride Corp. to supply renewable energy in its facilities as part of its decarbonization goals.
Energy Development Corp. (EDC), the renewable energy arm of First Gen, will be supplying geothermal power to McBride’s 1.39-megawatt (MW) power demand in its two facilities in Caloocan.
“We are more than glad to be a part of Mc Bride’s decarbonization journey by helping them reduce their carbon footprint even as they continue to grow their business through our reliable source of 100% clean and green power,” First Gen vice president and head of power marketing, trading and economics head Carlo Vega said in a statement.
McBride is known for providing high-quality plastic packaging to different fast-moving consumer goods manufacturers in the ASEAN region. Recognizing the effects of plastic on the environment leads McBride to strive to limit its usage by pursuing various measures like implementing “proper waste segregation and disposal, and energy conservation”
McBride aims to diminish its carbon footprint by 25 percent this year, and eventually to fully transition to RE, which will decrease 7,231 tons of carbon dioxide every year.
“In line with our green goal, Mc Bride is really looking for a partner that has the same mission and care for the environment. We actually want to slowly shift to the use of renewable energy, especially considering our present situation,” McBride president Harvey S. Keh said.
McBride is likely to plan for a “PET bottle recycling facility”, hoping that First Gen will power it with “100 percent” RE as well.