Upgrade Energy Philippines (UGEP)

OUR HISTORY

  • 2015
    Upgrade Energy Philippines (UGEP) started as a Joint Venture between PhilCarbon, one of the pioneer renewable energy project developers in the Philippines, and Upgrade Energy, a Belgian company focusing on energy solutions for industrial consumers.
  • 2015-2017
    Early projects included some of the Philippines’ first commercial and industrial (C&I) solar rooftop systems for CW Home Depot, ARC Refreshments Corporation, and Shopwise.
  • 2018-2020
    UGEP continued to increase its C&I portfolio through an innovative solar leasing program, made possible by a partnership with the Development Bank of the Philippines. The DBP served as a game-changing catalyst for UGEP’s early success.
  • 2020-2022
    During the COVID-19 pandemic, UGEP continued to operate and build new projects, including 4 solar rooftop projects for Robinsons Land Corporation in Visayas and Mindanao.
  • 2022-2023
    UGEP successfully completed its flagship 13.8 MW solar rooftop project at JG Summit Petrochemicals Group, built for Merbau Corporation. It is the largest operational solar rooftop facility in the Philippines for own consumption.
  • 2023 and beyond
    Our target is to grow our portfolio of utility scale renewable energy projects to 500 MW by 2030 and C&I solar to more than a 100MW by 2028.

    To realize these goals, UGEP entered
    into a joint venture with Aboitiz Power Distributed Renewables with the goal of dominating the C&I solar market in the Philippines.

    We also secured our first Solar Energy Operating Contract with the Department of Energy to develop a 50 MW utility-scale solar project in Zambales and are working on multiple project sites.

Our Team

ETHICS AND BUSINESS CONDUCT

UGEP’s foundation is built upon the highest ethical standards. We always act with integrity – taking responsibility for our work, caring for our employees, and staying focused on safety and sustainability.

We treat every individual with respect and fairness, fostering a diverse and inclusive environment. Our commitment to ethical excellence guides us in making responsible choices that not only benefit our business but also contribute positively to the community and the world at large.

All of UGEP — from chairman to management to team members —  is expected to read and commit to UGEP’s Ethics and Business Conduct Principles [link to the full Ethics and Business Conduct Principles Policy Paper]. We also expect our suppliers and other partners that we work with to behave in ways that reflect our principles.

Diversity, Equity, and Inclusion

UGEP has signed the Women’s Empowerment Principles (WEPS) with UN Women. Women and minority populations at UGEP play an essential role in accelerating the technological revolution. Both within UGEP and the wider communities, we consider people and relationships to be central to our success.

“Gender Equality and protection of the environment go hand in hand. Women should be listened to and their experience considered so they can contribute to the solutions in the escalating problem of Climate Change.

For a society to be economically sustainable, men and women should have equal opportunity, rights, and obligations.”

Ruth Yu-Owen, President & CEO

“Gender Equality and protection of the environment go hand in hand. Women should be listened to and their experience considered so they can contribute to the solutions in the escalating problem of Climate Change.

For a society to be economically sustainable, men and women should have equal opportunity, rights, and obligations.”

Ruth Yu-Owen, President & CEO

Connect with us

Empower your future

Address
Unit 2604, 88 Corporate
Center Sedeño St. cor 
Valero St. Salcedo Village,
Makati City

Telephones
+63 (2) 70016583

All rights reserved © Upgrade Energy Philippines, 2023 • Created by Creative Coconut Ph

All rights reserved © UGEP Energy, 2023
Created by Creative Coconut Ph