Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

PLDT, Smart to power 24 facilities with renewables

by
September 22, 2024
in Top News
0
PLDT, Smart to power 24 facilities with renewables
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

PLDT Inc. and Smart Communications, Inc. are transitioning more facilities to renewable energy (RE) to reduce energy costs and advance sustainability commitments, the company said.

“We continue to invest in more renewables to power up our facilities, particularly these key sites in Metro Manila. Recognizing the many benefits of RE, we are eyeing to switch more sites and further increase the share of renewables in our overall energy mix,” PLDT Vice-President and Sector Head for Property and Facilities Leo A. Gonzales said in a media release on Sunday.

PLDT said 24 of its and Smart’s facilities will be powered by ACEN Renewable Energy Solutions, the retail electricity arm of ACEN Corp.

The shift to renewables is expected to cut its energy consumption, generating an annual operating savings cost of P6 million, PLDT said, noting that the renewable energy switch will also cut its greenhouse gas emissions by almost 21,000 tons for the year.

The company said among the 24 sites shifting to renewables are its integrated operations center facility in Makati City, which is  round-the-clock command center managing the operations of PLDT and Smart’s wireless network operations; its facilities and business offices in Antipolo City; Cainta; Calamba City; Caloocan City; Las Piñas; Makati City; Manila City; Marikina City, Muntinlupa City; Parañaque City; Pasig City; Quezon City, Taguig City; and Valenzuela City.

PLDT is also powering its sites in Visayas and Mindanao with a diversified mix of renewable energy such as solar, geothermal, and wind energy sources, the company said.

“Going beyond our own roadmap and targets, we recognize how these operational choices help make our planet more livable for present and future generations,” said PLDT First Vice-President and Chief Sustainability Officer Melissa V. Vergel de Dios.

Ms. Vergel de Dios said the company will continue adopting emerging clean energy solutions to reduce its dependence on fossil fuels use while also integrating climate change offsetting measures in its operations.

At the stock exchange, shares in PLDT gained P12 or 0.83% to close at P1,450 apiece on Friday.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has a majority stake in BusinessWorld through the Philippine Star Group, which it controls. — Ashley Erika O. Jose

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Geeks On A Beach tech startup conference happening in Cebu this November

Geeks On A Beach tech startup conference happening in Cebu this November

Recommended

ChatGenie launches AI-powered multi-agent framework for BPOs

ChatGenie launches AI-powered multi-agent framework for BPOs

December 11, 2024
When Accountability Fades: The Toxic Reality Facing Bramley and Beyond

When accountability fades: The toxic reality facing Bramley and beyond

September 20, 2024
ASC starts three-year countdown to 50 years of ad self-regulation

ASC starts three-year countdown to 50 years of ad self-regulation

September 2, 2024
Council meeting in first quarter likely to downgrade export goals

Council meeting in first quarter likely to downgrade export goals

December 29, 2024
IMF bullish on PHL banking sector

IMF bullish on PHL banking sector

October 3, 2024
on the Sustainable Side
Experience Sustainability at ReBreathe Festival 2025: Stroll Towards a Greener Future

on the Sustainable Side Experience Sustainability at ReBreathe Festival 2025: Stroll Towards a Greener Future

October 28, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Terms & Conditions
    • Thank you

    Copyright © 2024 investdailypro.com | All Rights Reserved