Our Great Transformation journey embodies our commitment to innovation, sustainability, and the synergistic power of our techglomerate ecosystem
Photograph courtesy of Aboitiz Group AboitizPower executives, including president and CEO Emmanuel Rubio (third from right), showcase three new electric vehicles manufactured by Build Your Dreams that will kickstart AboitizPower’s EV Fleet Transformation Program.
The Aboitiz Group continues with its Great Transformation journey to become the Philippines' first techglomerate by successfully leveraging innovation and sustainability initiatives, capitalizing on strengths of its diverse business units.
The group, thus, has firmly established itself as a trailblazer across multiple industries.
"Our Great Transformation journey embodies our commitment to innovation, sustainability, and the synergistic power of our techglomerate ecosystem," Aboitiz Group president and CEO Sabin Aboitiz said.
He added, "As we steer towards our 2024 goals, we are not just evolving; we are building a legacy of excellence and a future where every challenge is met with innovative solutions. This is our path, not just to lead, but to redefine the meaning of industry and community in the digital age."
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AboitizPower's involvement in power generation, distribution, and retailing provided energy to businesses, communities and households.
Close to a thousand megawatts or MW of ongoing and disclosed energy projects bring the company nearer to its 2030 goal of raising generation to 9,200 MW, 50 percent of which will be sourced from renewable energy. Two solar projects in Laoag and Cayanga in Pangasinan, with a combined capacity of 261 MW peak, and the 17 MW Tiwi binary geothermal power plant in Albay would soon contribute indigenous, clean energy to the grid.
AboitizPower already presides over the largest and most diversified renewable energy portfolio in the country in terms of installed capacity under its operational purview.
On the thermal side, the 1,336MW coal-fired GNPower Dinginin in Mariveles, Bataan continues to be a model of reliability and efficiency for the company's fleet of baseload plants.
Recently, AboitizPower presented its electric vehicle, or EV, Fleet Transformation Program in support of the Electric Vehicle Industry Development Act or EVIDA and its vision of cleaner mobility in the Philippines.
The company unveiled new plug-in EVs for its distribution utilities in Visayas and Mindanao to kick off the transition of 40 percent of its fleet of four-wheeled vehicles and motorbikes to be electric by 2030 en route to full use of alternative energy by 2040.
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