AboitizPower expands clean energy portfolio to 4,600MW in Philippines over next decade

AboitizPower Corporation intensifies its commitment to decarbonization by aiming to boost its clean energy portfolio to 4,600 megawatts (MW) within the next ten years, with nearly 1,000 MW already in the development pipeline. The Philippines-based company is actively contributing to the country’s renewable energy goals and addressing rising electricity demand. Notable projects include solar, hydro, geothermal, wind, and energy storage systems, aligning with the nation’s target to achieve a 35% share of renewable energy in its power generation mix by 2030 and 50% by 2040.

The strategic initiatives encompass the construction of solar plants in Pangasinan, Negros Occidental, and Zambales, alongside geothermal and wind projects in Albay, Northern Samar, Rizal, and Laguna. AboitizPower’s investments also include cutting-edge battery energy storage systems, with the Maco BESS in Davao de Oro recognized as the “Energy Storage Project of the Year” in the ASEAN region. These efforts signify a significant step towards supporting sustainable development and achieving the United Nations’ Sustainable Development Goal 7.

In addition to its power generation endeavors, AboitizPower plays a crucial role in distribution, owning utilities that cater to high-growth areas across Luzon, Visayas, and Mindanao. The company emphasizes rural electrification programs, reaching over 99% energization in Visayas and Mindanao. AboitizPower’s commitment extends to providing retail electricity services and promoting digitalization initiatives, aligning with the Aboitiz Group’s transformation into a Techglomerate.

As part of its broader vision, AboitizPower actively supports the United Nations’ Sustainable Development Goal 11 by facilitating sustainable cities and communities. The company introduces innovative solutions, such as the Electric Vehicle Fleet Transformation Program, aiming to transition 40% of its fleet to electric alternatives by 2030 and achieve full electrification by 2040, contributing to cleaner mobility and environmental sustainability.