Automative parts company to buy geothermal power from EDC in the Philippines

Traffic in Manila, Philippine (source: flickr/ Steve Blackburn, creative commons)
Alexander Richter 12 Nov 2018

EDC signed a 2-year power purchase agreement with automative parts company Continental Temic Electronics in the Philippines under which it well sell 2.7 MW of power from the BacMan geothermal power plant starting December 2018.

As reported this morning from Manila, global automotive parts company Continental Temic Electronics Philippines signed power purchase agreement with Energy Development Corp. (EDC) for the supply of clean and reliable power for its facilities in Calamba, Laguna.

Under the agreement, EDC will supply Continental Temic with 2.7 MW of geothermal power from EDC’s BacMan geothermal project starting Dec. 26, 2018 over a two-year period

“We chose EDC for its 100-percent renewable energy and for its sustainability programs, which are aligned with our company values,” said Continental Temic general manager Glenn Everett.

Continental Temic develops and manufactures components, modules and systems for the automotive industry. Its corporate strategy is focused on climate protection and energy efficiency. “We firmly believe that Filipinos should have more clean energy options. We are encouraged that clean and sustainable energy is gaining traction in the Philippines,” EDC president Richard Tantoco said earlier.

Source: Manila Standard