Renewable Energy Powers Asian Development Bank

Joanna Schroeder

Renewable Energy is now powering the Asian Development Bank (ABD). It’s Manila headquarters is now getting 100 percent of its energy from renewable energy including geothermal and solar power. ABD has signed an agreement with AdventEnergy, Inc. Geothermal energy is being delivered from plants in Tiwi in Albay province and Makiling-Banahaw in Laguna province, both of which are on the main Philippine island of Luzon.

Screen Shot 2014-03-04 at 11.35.18 AM“As an institution we are strongly committed to expanding the use of renewable energy across Asia and the Pacific, so it is only fitting that we walk the talk in our own headquarters,” said ADB Vice President Bruce Davis at a ceremony in ADB headquarters. “This agreement will allow us to cut our annual corporate carbon footprint by nearly 50%, with an emission reduction of more than 9,500 tons of CO2 equivalent.”

The supply contract with AdventEnergy will see ADB purchase an average of 1.5 million kilowatt hours (kWh) of electricity a month. This will be supplemented by about 50,000 kWh generated monthly from ADB’s rooftop solar panels. These two sources will meet the entire energy requirements of the headquarters building, where more than 2,600 staff and consultants work each day.

With the switch to renewables, ADB will no longer purchase electricity directly from the Manila Electric Company (Meralco), although it will continue to use the company’s distribution network. The move follows ADB’s decision to take advantage of electricity reforms in the Philippines which allow large users to choose their power supplier.

A ceremony to mark the switchover to full renewable power was the centerpiece of ADB’s second “No Impact Week,” during which staff are encouraged to make work and personal lifestyle changes to reduce their carbon footprint and impact on the environment.

Geothermal, International, Renewable Energy, Solar