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Renewable energy key in electricity sales for AboitizPower in the Philippines

Renewable energy key in electricity sales for AboitizPower in the Philippines Makban geothermal power plant, Philippines (source: ThinkGeoEnergy, creative commons)
Alexander Richter 29 Jun 2016

More and more companies want to buy electricity from renewable energy fuelled power plants. Therefore the renewable energy operations of AboitizPower become more and more important for its operations in the Philippines.

Aboitiz Power is one of the biggest renewable energy developers in the Philippines, with around 1,273 MW of 3,350 MW installed capacity by Aboitiz and its partners being provided by renewable energy.

The focus on renewable energy is paying off with companies more and more choosing renewable energy to support their operations in the region of Central Luzon, as recently reported by the Manila Bulletin.

Today, eleven of the biggest companies in the region choosing renewable energy under the Retail Competition and Open Access regime from AboitizPower subsidiary Advent Energy.

In a gathering in Subic last June 9, AboitizPower led by its EVP and Generation Business Group COO Manny Rubio thanked Yokohama, HLD Steel Pipes, Amertron, Multi-tek, Kodec Precision, Nidec Subic Philippines, Juken Sangyo Corp., Sanyo Denki, Nicera Philippines, Hitachi Terminals Mechatronics and EZSET Tonglung Metals for choosing AdventEnergy to provide them with clean and renewable energy in their operations.

Another AboitizPower subsidiary, Aboitiz Energy Solutions, Inc. (AESI), also welcomed its newest customer, Philippine Resins Industries, Inc., which was the first to switch effective January 26, 2016.

“We are greatly honored to be chosen as partners of these successful companies. We are committed to delivering great power and contribute more to the success of our new partners,” Rubio said in a statement.

Rubio also outlined the projects of AboitizPower, in line with its goal of increasing its capacity to 4,000 MW by 2020, to keep up with the growing Philippine economy.

AboitizPower’s subsidiary AP Renewables operates among others the MakBan geothermal power plant about 70km from the country’s capital Manila in Central Luzon.

Source: Manila Bulletin