Valerie Products Manufacturing transitions to renewable energy with ACEN RES

26 June 2024 – Valerie Products Manufacturing, Inc. (VSO), a Philippine manufacturer specializing in automotive and appliance parts, announced its transition to 100% renewable energy (RE) through a partnership with the Ayala group’s ACEN Renewable Energy Solutions (ACEN RES). Under the agreement, the company will source its electricity exclusively from ACEN’s diverse portfolio of renewable sources such as solar, wind, and geothermal power.

“We are excited to partner with ACEN RES to power our operations with renewable energy,” said Edward Jose, President of Valerie Products Manufacturing. “This transition aligns with our commitment to sustainability and environmental responsibility and will allow us to reduce our carbon footprint while potentially lowering our electricity costs.”

“We are proud to welcome Valerie Products Manufacturing to our growing list of customers who are choosing renewable energy,” said Sheila Mina, Vice President for Commercial Operations and Head of Account Management at ACEN RES. “ACEN is committed to providing energy solutions that help businesses achieve their business and sustainability goals.”

Valerie’s transition to RE supply was made possible through the Green Energy Option Program (GEOP), a government initiative that enables electricity consumers with a peak monthly demand of at least 100 kilowatts to purchase RE supply through their preferred renewable energy supplier. This program allows businesses to save on electricity costs and take an active role in supporting the development and utilization of renewable energy sources in the Philippines.

About Valerie Products Manufacturing

Valerie Products Manufacturing, Inc. was founded in 1975 as a manufacturing company with one press machine and one product – a small cardboard insulator for battery cells.

In 1980, the company diversified and channeled its resources into what it believes are growth sectors, that are aligned with the development of the automotive, electronics, and construction industries in the Philippines under what is now known as the VSO Group of Companies.

Today, the Group has more than 20 major facilities nationwide employing over 4,000 Filipinos and creating jobs for thousands more through its chain of suppliers, and other business partners.Today, the Group has more than 20 major facilities nationwide employing over 4,000 Filipinos and creating jobs for thousands more through its chain of suppliers, and other business partners.

About ACEN RES

ACEN Renewable Energy Solutions (ACEN RES) is the supply retail arm of ACEN, the listed energy platform of the Ayala Group. ACEN is one of the fastest growing renewable energy platforms in the Asia Pacific. The company has effectively achieved its goal of reaching 5 GW of renewables capacity by 2025, with attributable capacity representing 4.7 GW of installed projects and 1 GW of signed agreements or won competitive tenders.

ACEN aims to increase its renewable capacity to 20 GW by 2030. This goal will help provide clean, reliable, and affordable energy to more people. The company is committed to achieving its goal of 100% renewable energy in its generation portfolio by 2025 and becoming a Net Zero greenhouse gas emissions company by 2050.

ACEN Renewable Energy Solutions (ACEN RES) is the supply retail electricity unit of the Ayala Group. It is a licensed retail electricity supplier and renewable energy solutions provider powering businesses and industries through the Retail Competition and Open Access (RCOA) and the Green Energy Option Program (GEOP).

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