Philippine Manufacturing Co. of Murata Inc. (PMM) renewed its agreement with clean energy provider First Gen Corp. for the supply of renewable electricity for its production facility in Batangas.
The supply deal is aligned with the commitment of the Japan-based electronics giant to shift electricity used in all its factories and offices around the world to 100-percent renewable energy by 2050.
“Together, we in First Gen and PMM are not just reducing emissions but also shaping a future where environmental responsibility and growth go hand in hand,” First Gen president and chief operating officer Francis Giles Puno said in a statement.
PMM is the Philippine unit of Murata, a worldwide manufacturer and innovator of electronic components and solutions that supplies parts for some of the world’s largest tech companies.
Its manufacturing facility in the Philippines is located inside the Lopez-led First Philippine Industrial Park (FPIP) economic zone in Batangas. It is the company’s biggest manufacturing facility in Southeast Asia and focuses on the production of multilayer ceramic capacitors which are used for electric vehicles and 6G communications technology.
PMM and First Gen initially forged a supply agreement in 2021.
Under the new agreement, the power supply for PMM will come from the Bacon-Manito geothermal power facility in Bicol, operated by First Gen subsidiary Energy Development Corporation, the world’s largest vertically integrated geothermal company.
“The renewal of our supply agreement with First Gen highlights our companies’ decarbonization and sustainability goals. While we aim to capture the demand for components that support emerging technologies, we want to do so in a manner that is cost-efficient, best in class, and carbon-neutral,” said PMM president Masayoshi Koda.
PMM’s goal of achieving carbon neutrality is part of countermeasures it has adopted against climate change.
PMM is Murata’s first overseas facility to operate on 100-percent renewable energy. The facility has been operating on pure renewable energy since 2022.