ACEN Corp. retail unit ACEN RES will supply renewable electricity to five Schneider Electric manufacturing facilities located at the Cavite Economic Zone, the company said Tuesday.
The deal was signed under the government’s Green Energy Option Program (GEOP), which allows large power users to choose renewable energy suppliers. The facilities, mainly engaged in semiconductor manufacturing, will run on 100 percent renewable energy that started m December last year.
While the companies did not disclose the volume of power covered, the agreement includes electricity for both office and production sites and is expected to avoid some 11,600 tons of carbon dioxide emissions each year.
Schneider Electric said the move supports its goal of achieving net-zero emissions. The Cavite Smart Factory is expected to become the first facility inside a government ecozone in Luzon—and the first Schneider Electric factory in East Asia—to operate entirely on renewable energy.
ACEN said the partnership shows that large-scale industrial operations can shift fully to clean energy. ACEN RES currently holds the largest share of the GEOP market at 57 percent.
ACEN aims to grow its renewable energy capacity to 20,000 megawatts by 2030 and reach net-zero greenhouse gas emissions by 2050. The company has energy projects across Asia and the United States. Schneider Electric is a global energy technology firm focused on improving efficiency and sustainability in buildings, factories, and power systems.
