With close to a thousand megawatts of ongoing and disclosed energy projects, AboitizPower is on track for its 2030 goal of growing its generation portfolio to 9,200 MW, 50 percent of which will be sourced from renewable energy
The Aboitiz Group's accomplishments this year highlight its "Great Transformation" efforts to become the Philippines' first techglomerate through diverse innovation and sustainability initiatives.
AboitizPower's work in power generation, power distribution and retail electricity services energizes businesses, communities and households across Luzon, Visayas and Mindanao. With close to a thousand megawatts of ongoing and disclosed energy projects, AboitizPower is on track for its 2030 goal of growing its generation portfolio 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 Philippine grid.
Currently, together with its partners, AboitizPower presides over the largest and most diversified renewable energy portfolio in the country in terms of installed capacity under its operational purview.
Recently, AboitizPower presented its Electric Vehicle 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 100 percent by 2040.
In the water sector, AIC's LIMA Water successfully installed a 99.9 kW solar panel in one of its sewage treatment plants in Batangas, which is projected to eliminate around 100 tons of carbon dioxide emissions annually.
Meanwhile, Apo Agua has signed a tripartite agreement with the Davao City Water District and the Barangay Water System Associations for a community-based water solutions project helping unserved communities gain access to safe water.
"Our Great Transformation journey embodies our commitment to innovation, sustainability and the synergistic power of our techglomerate ecosystem. As we steer toward 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," said Aboitiz Group president and CEO Sabin Aboitiz.
Housing is probably the biggest issue affecting people the world over.
Malacañang on Monday called for a more thorough investigation into the questioned flood control projects in Taguig…
The defense on Monday backed the move by senator-judges to exclude a prosecution witness who testified on the firearms…
