Mc Bride Corp., the country’s leading PET bottle manufacturer, is decarbonizing its operations by switching to renewable energy produced by First Gen Corp.
First Gen will supply Mc Bride’s 1.39-megawatt power demand for its two facilities in Caloocan City after it announced it would reduce its carbon footprint by 25 percent in 2023.
Mc Bride provides high-quality plastic packaging to various fast-moving consumer goods manufacturers in the ASEAN region.
First Gen will supply Mc Bride with geothermal power energy from its RE arm and leading geothermal provider Energy Development Corp.
Geothermal energy can provide uninterrupted, year-round baseload power.
EDC’s 1,185.40-MW geothermal portfolio accounts for 62 percent of the country’s total installed geothermal capacity, making the Philippines the third largest geothermal producer in the world.
“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 percent clean and green power,” said First Gen vice president and power marketing, trading and economics head Carlo Vega.
First Gen is the Philippines’ leading clean energy company. Its power portfolio runs on geothermal, hydro, solar, wind and natural gas.
Mc Bride said it is taking great strides to reduce the impact of plastic on the environment through various measures such as implementing proper waste segregation and disposal and energy conservation.
The move to entirely shift to renewable energy will help Mc Bride reduce its carbon footprint by 7,231 tons per carbon dioxide equivalent each year.
Mc Bride also plans to set up a PET bottle recycling facility to reduce its carbon footprint further and hopes that First Gen will also be able to power it with 100 percent RE.
“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 renewable energy, especially considering our present situation,” said Mc Bride president Harvey Keh.