The future of renewable energy looks bright, and AboitizPower is at the forefront of this exciting movement.
Photo Insert: (L-R) AboitizPower Head of Retail James Byron Yu, AboitizPower Senior Vice President for Commercial Operations Sandro Aboitiz, EPI President and CEO Ronaldo Ibasco, and NAC President and CEO Martin Antonio G. Zamora.
The company has partnered with top mining firm NickelAsia 's renewable arm, Emerging Power Inc in providing clean energy to the masses.
The two companies have come together via AboitizPower's subsidiary Jobin SQM Inc. (JSI) to sign a power supply agreement (PSA) that will provide solar energy to its retail electricity entities.
Sandro Aboitiz, AboitizPower's Senior Vice President for Commercial Operations, stated that the company was grateful to EPI for their relationship, which strengthened the company's retail business and put it in a better position for future expansion.
“We thank EPI for this partnership that puts AboitizPower’s retail business in a stronger position for growth,” said Aboitiz.
In accordance with the PSA, JSI will supply solar power capacity from its recently finished 100-megawatt (MW) Sta. Rita Solar Power Plant in Subic, Zambales to AboitizPower's retail electricity companies, Aboitiz Energy Solutions, Inc. (AESI), and Adventenergy Inc., in order to support the expansion of the retailers' respective product lines.
The year 2020 marked the beginning of the relationship between EPI and AboitizPower, when the two companies agreed to have EPI provide power to AboitizPower's renewable energy supply (RES) entities AESI and Adventenergy, Inc.
In order to better serve its clients, AboitizPower Retail intends to expand its array of renewable energy supply options. In total, AboitizPower plans to increase its renewable capacities to 4,600 MW, which would account for fifty percent of its total energy portfolio by the year 2030.
AboitizPower has set its sights on achieving energy security, and this partnership is a significant step toward that goal.