Aboitiz Power Corporation's renewable energy unit, Aboitiz Renewables Inc. (ARI), announced it will move forward with the development of the Libmanan onshore wind project in Camarines Sur. In a statement, ARI said it has taken over the shares of its former partner, Mainstream Renewable Power...
Advent Energy, Inc., an energy solutions provider and subsidiary of Aboitiz Power Corporation, aims to capture a 30 percent market share in the Mindanao region. James Yu, Aboitiz Power first vice president and head of retail, explained that despite hurdles such as educating the market and upgrading...
Advent Energy, Inc., a subsidiary of Aboitiz Power Corporation, announced plans to deliver more renewable energy (RE) projects by 2025, with a focus on solar power. In a briefing, James Yu, Aboitiz Power vice president and head of retail, said the company plans to increase capacity through...
IP leaders receive a check of P5.1 million from (L-R) Hedcor VP for Corporate Services Noreen Vicencio, AVP for O&M Mindanao Cris Fuentecilla, External Relations Mindanao Manager David Tacder, VP for Operations and Maintenance Leo Lungay, and Grid Manager Nazareth Tabudlong, along with NCIP...
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...
