MPower drives Allegro’s transition to 100% renewable energy ahead of target

MPower, the local retail electricity supplier of Manila Electric Co. (Meralco), and Allegro Microsystems Philippines Inc. have renewed their partnership, enabling the semiconductor firm to transition fully to renewable energy ahead of its 2030 target.

Under a new Retail Electricity Supply Agreement, Allegro’s manufacturing site in Parañaque City will now be powered by 100 percent renewable energy sourced from MPower. 

The partnership, now in its 12th year, marks a milestone in Allegro’s journey toward sustainable semiconductor manufacturing.

MPower first vice president Redel M. Domingo (left) and Allegro senior director - controller Ronald Dela Rosa shake hands after signing the contract for a 100 percent renewable electricity supply./ Photo from Meralco

Ronald Dela Rosa, senior director – controller of Allegro, expressed gratitude to MPower for the long-standing collaboration. “Together, we’ve weathered periods of both stability and disruption with unwavering alignment and mutual trust. MPower has enabled us to achieve our five-year sustainability target early, accelerating our timeline,” he said. 

MPower first vice president Redel M. Domingo highlighted the success of the alliance. “MPower’s provision of 100 percent renewable energy has enabled Allegro to realize its 2030 sustainability target at its manufacturing sites ahead of schedule. This success highlights the strength of our partnership and our shared commitment to clean energy transformation,” he said. —Ed: Corrie S. Narisma

Featured News
Explore the latest news from InsiderPH
Tuesday, 20 October 2026
5 hours ago
GCash IPO proves Philippine tech can attract global money, JPMorgan says
GCash makes IPO history as foreign funds, over 140,000 app users pile in
20 Oct 2026
3:35PM
Can GCash avoid the listing day blues of the PSE’s biggest IPOs?
20 Oct 2026
5:52AM
Inside GCash’s P1-B payday for Wall Street and Philippine banks
15 Oct 2026
11:00AM
Insight to the one percent
© 2024 InsiderPH, All Rights Reserved.