EDC to supply geothermal energy to Neltex manufacturing facility
EDC has come to an agreement to supply renewable energy to Neltex, the Philippines' largest manufacturer of plastic pipe products.
Neltex, the Philippines’ largest manufacturer or plastic pipe products, has tapped Energy Development Corporation to supply renewable energy to their manufacturing facility in Dasmariñas, Cavite. Geothermal energy will come from EDC’s Bacon-Manito geothermal project in the Bicol region. This move will make Neltex the first company in the country’s plastic pipe industry to have made the shift to renewable energy.
Prior to this agreement, EDC had already been supplying green energy to Continental Temic Electronics Philippines, a global automotive parts company based in Calamba, Laguna.
With a total installed capacity of 1471.8 MWe, EDC is one of the largest geothermal companies worldwide. It is a subsidiary of First Gen Corporation, which maintains a portfolio of geothermal, solar, wind, hydro, and natural gas energy assets. EDC and First Gen were the only two Philippine companies that were included among the world’s biggest and greenest companies.
Source: Philippine Star