THE local unit of global technology firm ABB Ltd. said it is looking at working with more Philippine renewable energy (RE) firms in the next one to two years.

MANILA, Philippines — Aboitiz Power Corp. said it remains on track to more than double its capacity by 2030 despite the negative impact of the COVID-19 pandemic on the power sector.

The 350-megawatt Alimit hydropower project of SN Aboitiz Power Inc. (SNAP) along with two other renewable energy (RE) ventures have been certified energy projects of national significance (CEPNS) by the Department of Energy. The two other projects had been the 19.7-megawatt Ilaguen hydropower project of Rio Norte Hydro Corp of Filipino firm Citicore Renewable Energy […]

MANILA, Philippines — SN Aboitiz Power Group (SNAP), the joint venture of SN Power of Norway and Aboitiz Power Corp., plans to construct a $28-million battery energy storage system (BESS) at its Magat hydro electric power plant (HEPP). The facility will be used to boost the company’s ancillary services and standby power supply that can […]

AP Renewables will supply 65% of Wells Fargo’s electricity needs in the Philippines

Reported before the weekend, AboitizPower’s Cleanergy is now providing all seven buildings of The Net Group (TNG) with clean and renewable energy. AboitizPower and TNG signed a power supply contract this week, in which the former will supply a total of 13.5 MW to TNG’s seven office buildings. These TNG buildings include Net Park, Net […]

MANILA, Philippines — The power unit of the Aboitiz Group  plans to expand its energy capacity next year with the continued development of its projects and its possible entry into the gas sector.

MANILA – Aboitiz Power Corp. will begin the commercial operation of its second solar power project in the province of Pangasinan in June 2023.

MANILA — AboitizPower remains keen on investment opportunities outside the Philippines, its Chief Operating Officer Emmanuel Rubio said Tuesday. Rubio told reporters that the company is still looking for investment opportunities in the power generation business in Southeast Asian countries such as Indonesia, Myanmar, and Vietnam. He said AboitizPower is currently doing feasibility studies and […]

MANILA, Philippines — Aboitiz Power Corp. has inked a $300-million facility agreement with four foreign banks to partially finance its acquisition in AC Energy Inc.’s thermal platform. In a disclosure to the Philippine Stock Exchange yesterday, AboitizPower said it signed a facility agreement with DBS Bank Ltd., Mizuho Bank Ltd., MUFG Bank Ltd., and Standard […]