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...
Aboitiz Power Corporation subsidiary Therma South, Inc. (TSI) recently released 84 olive ridley sea turtle or pawikan hatchlings following the nesting of 120 eggs along the power plant's coastline in Davao del Sur last March. In total, TSI and the Environmental Management Bureau, along with...
In the bid of President Marcos for secure and reliable power supply in the country as he declared in his State of the Nation Address (SONA), leading player Aboitiz Power Corporation forthrightly stated that it will opt for a mix of conventional generating assets, renewable energy (RE) and the...
Aboitiz Power Corporation reported a four percent dip in net income to P17.1 billion in the first half of 2024 from the P17.8 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the decline in profit is due to the recognition of...
Aboitiz Power Corporation subsidiary Therma Luzon Inc. (TLI) has entered 17 Corporate Social Responsibility (CSR) projects for communities inside its host province of Quezon and host Municipality of Pagbilao, in cooperation with various project partners and beneficiaries. AboitizPower...
While accustomed to a life on the move below water, female sea turtles use their geomagnetic abilities, or an internal GPS, to return to their place of birth and lay their own eggs. At the same time, way above, migratory birds also possess their own inner compass, which guide them in moving from...
The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
CHORDS “Life flows on within you and without you,” sang the late great George Harrison in a Beatles song he wrote for the Sgt. Pepper’s album. With a chapter of my life coming to a close as I leave AboitizPower, looking back on my professional life — from being an Engineer to President and...
With RES, businesses can achieve significant savings on electricity costs, enhancing overall financial performance. Newsrooms typically race against time to break the latest stories and deliver attention-grabbing headlines to the public with seamless connectivity – hence, access to reliable and...
