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Citizen Watch unit taps EDC for clean energy supply

/ 05:33 AM December 12, 2018

A Batangas-based subsidiary of a Japanese timepiece maker Citizen Watch has tapped Energy Development Corp. for 2.5 megawatts of geothermal power as the push for clean energy among corporate electricity consumers gathers steam.

EDC’s latest customer is Citizen Machinery Philippines Inc. (CMP), which makes lathe machines at its facilities in Tanauan, Batangas. They forged a two-year contract that kicks off on Dec. 26.

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“As a manufacturing company, (CMP) desires to be supplied by stable and low-cost electricity, especially since our foundry consumes much power and EDC’s BacMan Geothermal Project meets these criteria,” CMP president Akihide Kanaya said in a statement.

“At the same time, we remain committed to give our customers the highest level of satisfaction as possible,” Kanaya said. “This includes making sustainable contributions to society through innovative manufacturing solutions, while recognizing our impact on the environment.”

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Kanaya said choosing to be powered by 100-percent renewable energy supported CMP’s commitment to sustainability.

CMP’s parent firm, Nagano, Japan-based Citizen Machinery Co. Ltd., is a unit of wristwatch maker Citizen Watch.

CMP manufactures and assembles automatic lathe machines, which produce other machines for use in different industries.

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TAGS: Business, Energy Development Corp.
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