The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants. In an...
Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), has energized its largest solar project to date, the 173-megawatt peak (MWp) Calatrava Solar Project in Negros Occidental. "Calatrava is our fifth energized solar facility and the largest in Aboitiz Power's growing...
Aboitiz Power Corporation, through its renewable energy unit Aboitiz Renewables, Inc. (ARI), announced the energization of its first solar power plant in Central Luzon. The Armenia Solar Project in Tarlac, with a capacity of 45-megawatt peak (MWp), was switched on in November and connected to the...
Aboitiz Power Corporation expects sustained strong performance through the end of 2024, driven by its distribution business, infrastructure development, and power generation. Danel Aboitiz, Aboitiz Power chief commercial and stakeholder engagement officer, explained that the company is in "growth...
The Powering Cebu business forum was attended by (L-R) Cebu Governor Gwendolyn F. Garcia (center), Visayan Electric President & COO Raul Lucero (1st), AboitizPower Thermal Group Chief Engineering & Projects Officer Don Paulino (2nd), Philstar Media Group President & CEO Miguel...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
Aboitiz Power Corp. has reported an increase in net income for the first nine months of the year, driven by improved margins, the addition of new solar plants, and increased retail volume and energy sales. In a disclosure to the Philippine Stock Exchange, the company announced a net income of P27.3...
Kuala Lumpur — Time is of the essence for power firm Aboitiz Power Corporation as it aims to complete its coal expansion project under its subsidiary, Therma Visayas Inc. (TVI). On the sidelines of Enlit Asia 2024 here, AboitizPower shared that they are actively speaking with potential partners...
Asian leaders emphasized that economic growth can be achieved through fair and equitable expectations between developed and developing countries, all while keeping emissions in check. At Coaltrans Asia 2024 in Bali, Indonesia, Aboitiz Power Corp. and other leaders discussed carbon reduction efforts...
A young executive of Aboitiz Power Corporation has spilled the inconvenient truth that renewable energy (RE) developers have been distorting the ‘cheap electricity narrative’ because of their proclivity to downplay other cost components linked to the variability of their technologies –...
While it is manifestly the major game in town for both local and foreign investors, Aboitiz Power Corporation is still seeing treacherous terrain when it comes to capital influx in the renewable energy (RE) sector. In his presentation at the Smart Forum 2024 convened by the European Chamber of...
The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
