People are the power industry’s greatest asset, working to ensure safety and operational integrity while keeping the lights on. But considering evolving complexities and challenges, especially amid an energy transition, constant upskilling and reskilling is required for the workforce to adapt...
Aboitiz-led Advent Upgrade Solar Inc. (AUSI) has entered into a partnership with Ortigas Land Corporation to supply two decades ' worth of energy to power GH Mall. In a statement, Ortigas Land announced that AUSI will install a 1,587.20 kilowatt-peak solar photovoltaic (PV) system at GH Mall...
For every Filipino, the dream of a comfortable home has always been anchored in family. But today, that dream is being tested by a world in flux. As the ongoing conflict in the Middle East continues to disrupt a major shipping route and destabilize global markets, the ripples are felt right here at...
The country’s antitrust regulator approved the sale of three Luzon hydroelectric power plants to a unit of Aboitiz Power Corp. after the conglomerate pledged to cap prices and maintain supply levels to prevent market dominance in the grid’s reserve power sector. In a statement, the Philippine...
In his 29 years in the power generation industry — eight in the Therma Visayas power plant in Toledo City, Cebu — Nilo Lumbaca, 56, has always aspired to be the best he can be because of his family. “Outside of work, I really value spending quality time with my family. Being with them...
Aboitiz Power Corporation (AboitizPower) received its fourth Golden Arrow Award in a row, improving to a 4-arrow recognition after scoring 105.52 out of 130 in the 2024 ASEAN Corporate Governance Scorecard (ACGS). The assessment measures a publicly-listed company’s performance with respect to the...
One of the Japanese partners of Aboitiz Power Corp. (AboitizPower) in the 420-megawatt (MW) Pagbilao-3 coal-fired power plant is moving ahead on the divestment of its stake in the facility as part of an investment realignment to cleaner energy technologies. According to a source privy to the...
Aboitiz Power Corp. (AboitizPower) announced that a subsidiary of its Therma Power Inc. will construct a battery energy storage system (BESS) in Cebu, which will be slated for commissioning by next year. In a statement, AboitizPower said Therma Power’s East Asia Utilities Corp. (EAUC) will soon...
Aboitiz Power Corporation announced that its oil-fired power plant in Cebu is set to reach the end of its corporate lifespan by next year, a few years after its electrification. In a disclosure to the Philippine Stock Exchange on Tuesday, July 8, Aboitiz Power said that the Cebu Private Power Corp....
Aboitiz Power Corp.’s (AboitizPower) renewable energy (RE) arm and Lopez-led First Gen Corp. (FGen) are bidding for the Caliraya-Botocan-Kalayaan Hydroelectric Power Plants (CBK HEPP), according to the state-run Power Sector Assets and Liabilities Management Corp. (PSALM). PSALM’s...
