4 weeks ago
12
Ayala-led retail electricity unit ACEN Renewable Energy Solutions (ACEN RES) has entered into its first retail aggregation program (RAP) deal with Filipino-Chinese school Philippine Cultural College (PCC).
In a statement on Wednesday, Feb. 19, ACEN RES said it partnered with PCC through RAP, a government initiative allowing consumers to select their electricity supplier and be able to integrate renewable energy (RE) into their facilities.
Through this partnership, five facilities in three PCC campuses with a combined power demand of one megawatt (MW) will be under RAP.
According to ACEN RES, multiple electricity consumers can aggregate their demand to achieve the required minimum threshold of 500 kilowatts (KW).
RAP was introduced in 2022 for customers to benefit from choosing their power suppliers at competitive rates.
Tony Valdez, ACEN’s senior vice president for market transformation, shared that the company's collaboration with PCC advances its RE thrust.
“This partnership with PCC demonstrates ACEN RES’s commitment to making RE accessible to more businesses and institutions across the country. Through programs like RAP, we’re empowering customers with the power of choice and giving them greater control over their electricity usage,” he said.
Willie Go, PCC’s board director, added that this would also help the school lessen its climate impact.
“By utilizing RE through RAP, we're not only reducing our carbon footprint but also ensuring a more sustainable future for our students,” he said.
“This initiative allows us to optimize our electricity costs, freeing up resources that can be further invested in providing quality education. We thank ACEN RES for their expertise and support. We look forward to our smooth transition to RAP,” Go added.
ACEN RES has grown its presence beyond the Philippine market, expanding to Australia, Vietnam, India, Indonesia, Laos, and the United States.
The firm currently has around 6.8 gigawatts (GW) of attributable RE capacity, which includes operational, under construction, and committed projects.
