Nippon Sanso Ingasco Group (NSIG), a subsidiary of Japanese multinational industrial gas manufacturer Nippon Sanso Holdings Group, tapped First Gen Corp. to power NSIG’s manufacturing facility in Mindanao with 100-percent renewable energy (RE).
The partnership underscores both companies’ shared commitment to sustainability and sets new precedent for energy efficiency within the industrial gas sector.
Under the agreement signed on April 2, First Gen will supply 2.6 megawatts (MW) of electricity from the Mindanao Geothermal Power Plant in North Cotabato, owned and operated by its subsidiary Energy Development Corp. (EDC), to NSIG’s gas manufacturing facility within the Phividec Industrial Estate in Tagoloan, Misamis Oriental.
“As part of the Nippon Sanso Holdings Group’s global commitment to achieving carbon neutrality by 2050, we are continuously working to minimize our environmental impact. Partnering with First Gen to power our operations in Tagoloan with 100-percent RE marks a significant milestone in our sustainability journey. This initiative aligns with our commitment to adopt cleaner energy sources for our production facilities and promote sustainable solutions across our global operations. We look forward to building on our partnership with First Gen as we accelerate our decarbonisation efforts in the Philippines,” said NSIG president Takenori Kawachino.
“Transitioning to direct RE supply under RCOA comes with challenges, but the benefits far outweigh them. We are committed to helping our customers like NSIG achieve their decarbonization objectives through ensuring stable and efficient power supply from RE sources and optimizing electricity utilization using energy efficiency solutions,” said Carlo Vega, chief engagement officer of First Gen.
The direct supply arrangement between First Gen and NISIG is made possible through the Retail Competition Open Access (RCOA) provision under the Electric Power Industry Reform Act of 2001.
This allows customers with an average peak demand of at least 500 kilowatts in the past 12 months to purchase electricity directly from qualified suppliers.