• Mindanao Container Terminal has begun using solar power exclusively during daylight hours as part of its sustainability initiatives
• MCT entered a supply contract with PrimeRES Energy Corp under the Retail Competition and Open Access framework of the Department of Energy and began sourcing solar energy on February 14
• At nighttime, MCT draws power from PrimeRES’ supply portfolio, including the Wholesale Electricity Spot Market
• The energy supplier specializes in retail electricity sourced from renewable energy and provides power to contestable customers
Mindanao Container Terminal (MCT) has begun using solar power exclusively during daylight hours as part of its sustainability initiatives.
MCT, International Container Terminal Services Inc.’s business unit at the Port of Cagayan de Oro, started sourcing solar energy on February 14 through a retail supply agreement with PrimeRES Energy Corp under the Retail Competition and Open Access framework of the Department of Energy.
The transition to solar power is part of a hybrid energy solution aimed at maximizing renewable energy use while maintaining stability in operations.
“The Mindanao Container Terminal is a key gateway for the region, and reducing carbon emissions from our operations aligns with ICTSI’s broader environmental objectives,” said Aurelio C. Garcia, MCT president and general manager. “This shift to solar power reflects our commitment to sustainability and demonstrates the steps we are taking to lower emissions.”
PrimeRES, a licensed retail electricity supplier by the Energy Regulatory Commission, provides power from renewable energy sources and third-party suppliers and “focuses on transformative investments and partnerships with private distribution utilities and electric cooperatives.”
“This partnership with MCT exemplifies our commitment to delivering affordable and reliable power solutions tailored to meet diverse needs,” Daniel O. Arago, PrimeRES Energy Corporation chief operating officer, said in a statement. “We appreciate MCT’s trust and shared vision of providing consumers with environmentally friendly energy solutions at competitive costs.”
Switching to PrimeRES is expected to provide MCT with competitive electricity rates and potential cost savings, according to ICTSI.
As part of its long-term growth strategy, ICTSI has secured a 25-year extension to operate and manage MCT. Over $100 million will be invested in infrastructure upgrades, including a 300-meter berth extension to accommodate larger vessels and support new service routes and acquisition of new cargo-handling equipment to enhance efficiency and support growing container volumes.
READ: ICTSI firm secures 25-year extension to operate Mindanao Container Terminal
Once completed, these upgrades will increase MCT’s annual capacity beyond its current 350,000 twenty-foot equivalent units. The expansion is expected to improve connectivity for Mindanao’s importers and exporters, further supporting the government’s push to attract investment and boost economic activity in the region.
