Media Release
January 09, 2023
The country’s leading PET bottles manufacturer, McBride Corporation, is decarbonizing its operations by switching to renewable energy through First Gen Corporation (First Gen).
This move to shift to green energy for its entire 1.39-megawatt (MW) power demand for its two facilities located in Caloocan comes after the company’s declaration to reduce its carbon footprint by 25% in 2023.
McBride provides high-quality plastic packaging to various fast-moving consumer goods (FMCG) manufacturers in the ASEAN region.
Aware of the impact of plastics on the environment, the company is taking great strides to reduce this through various measures such as implementing proper waste segregation and disposal and energy conservation. This latest move to fully shift to renewable energy will help Mc Bride reduce its carbon footprint by 7,231 tonnes per carbon dioxide equivalent (tCO2e) each year. The company likewise plans to set up a PET bottle recycling facility to further reduce its carbon footprint and hopes that First Gen will also be able to power it with 100% RE.
“In line with our green goal, McBride is really looking for a partner that has the same mission and cares for the environment. We actually want to slowly shift to the use of renewable energy, especially considering our present situation,” said Harvey S. Keh, president of Mc Bride Corporation.
Its geothermal power supply comes from First Gen’s 100% RE arm and leading geothermal provider, Energy Development Corporation (EDC). Geothermal energy is considered the “Holy Grail” of RE technologies because – unlike other RE sources – it can provide uninterrupted, year-round baseload power, rain or shine. Thus, it is referred to by the company as Geo 24/7.
“We are more than glad to be a part of McBride’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,” said Carlo Vega, Vice President and head of First Gen’s Power Marketing, Trading, and Economics.
EDC is First Gen’s 100% renewable energy subsidiary that has over 1,480 MW total installed capacity and accounts for 20% of the country’s total installed RE capacity. Its 1,185.40-MW geothermal portfolio accounts for 62% of the country’s total installed geothermal capacity, making the Philippines the third largest geothermal producer in the world. First Gen is the Philippines’ leading clean energy company. Aside from geothermal, First Gen’s portfolio of power plants runs on hydro, solar, wind, and natural gas, considered the cleanest form of fossil fuel. Email [email protected] to know more about switching to RE through First Gen.
