RENEWABLE energy firm Citicore Power, Inc. is now supplying clean energy to homegrown clothing brand Bench’s 22-storey headquarters in Fort Bonifacio, Taguig for its day requirements, according to a media release on Monday.
Citicore is supplying power to Bench from its solar plants during the day, a company representative told BusinessWorld in a text message. In the evening, the Bonifacio Global City-based store receives its power supply from the grid, it added.
The power demand of the Bench Tower is around 1 megawatt (MW).
“We thank Bench for entrusting us [with] their power needs, We are delighted to partner with Bench in advocating corporate sustainability” Citicore President Oliver Y. Tan said in a statement.
The Citicore-Bench partnership started last Monday, and it was signed by Ground 18 Realty Corp. for Bench and Citicore’s retail electricity supply arm, Citicore Energy Solutions, Inc. (CESI).
The local retail brand’s move to transition to clean, renewable power is in line with its green initiatives implemented in its headquarters—such as having a rainwater collector, virtual wall garden, green pockets, and properly placed glass windows for natural light.
Citicore’s CESI got its electricity supply license from the Energy Regulatory Commission in January 2017. It is currently supplying a total of 55 MW to contestable customers.
Citicore’s unit Citicore Renewable Energy Corp. owns and operates eight solar farms across the country.
Earlier in August, the energy firm announced that it expected its unit to reach 238 MW by next year, as it detailed its plans to complete a 75-MW solar farm in Arayat and Mexico, Pampanga, in November. — Angelica Y. Yang