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Business

LT Group expands renewable energy developments

The Philippine Star

MANILA, Philippines - The Lucio Tan Group (LTG) is making a push for further renewable energy (RE) developments in its distilleries across the country to reduce its carbon footprint.

“It is in the plans of Asian Alcohol Corp. (AAC) to go into RE,” said Gerardo Tee, the overall-in-charge of the LTG distillery operations.

“We’re still actually waiting for the approval of our chairman,” Tee said.

Last October, Tee said AAC is looking at the possibility of putting up a wind project in its facility in Negros Occidental.

AAC, a unit under Tanduay Distillers Inc., has a 10-hectare plant in Negros Occidental, the second biggest distillery in the Philippines.

Its facilities include aging facilities and a modern wastewater treatment plant which converts distillery waste into biogas energy for its power requirements.

The LTG started to join the RE bandwagon with the P189 million, two megawatt solar plant in the Lian, Batangas facility of Absolut Distillers Inc.

The solar plant, which was inaugurated last March, can supply 60 percent of the alcohol distillery’s power requirements and can also sell its entire output to the Luzon grid.

“All companies should contemplate going into RE to address climate change issue,” Tee said.

vuukle comment

ABSOLUT DISTILLERS INC

ACIRC

ASIAN ALCOHOL CORP

BATANGAS

GERARDO TEE

LAST OCTOBER

LIAN

LUCIO TAN GROUP

LUZON

NEGROS OCCIDENTAL

TANDUAY DISTILLERS INC

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