Lopez-led First Gen Corporation (FGen) has renewed its partnership with Far Eastern University (FEU) to supply renewable energy (RE) to its Manila and Alabang campuses.

In a statement, FGen said it will supply 600 kilowatts (kW) of electricity to FEU Alabang in Muntinlupa and 650 kW to the FEU Institute of Technology in Manila.

The university first partnered with FGen in 2017, supplying power to parts of FEU’s main campus under the government’s Retail Competition and Open Access (RCOA) initiative.

RCOA allows electricity consumers with a monthly peak demand of around 500 kW to choose their power suppliers.

FEU President Juan Miguel Montinola expressed delight over FGen’s support, stating, “We take great pride in now operating fully on renewable power, some of which is own produced, but mostly through this partnership.”

“This power supply agreement, plus our investments in efficient air conditioning systems, all within the context of the continued preservation of historical and significant cultural heritage buildings and landmarks, is very fulfilling for us as educators and as an example to our students,” he added.

Carlo Vega, FGen’s vice president for marketing, trading, and economics, said that a diversified power source helps reduce power cost volatility and minimizes carbon footprint.

“Diversifying power sources and working with independent power producers help reduce volatility in power costs but the overall carbon footprint as well. We’re privileged to work with FEU over the past seven years, expanding to other campuses as they move forward in their decarbonization journey,” he shared.

FGen has approximately 1,651 MW of installed capacity generated through 28 solar, wind, hydro, and geothermal power plants across the country.

FGen also has four natural gas power plants that serve as a transition fuel in its decarbonization efforts. In total, the RE firm has about 3,668 MW of combined capacity.