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  • Writer's pictureBy The Financial District

AboitizPower Ignites Solar Expansion

Updated: Aug 17, 2023

Aboitiz Power Corporation (AboitizPower), through its subsidiary Aboitiz Renewables Inc. (ARI), is set to enhance its commitment to sustainable energy by introducing new solar facilities in Negros Occidental and Zambales.

A Bright Future: AboitizPower's Olongapo Solar project takes a big step forward with a contract signing ceremony. Aboitiz Renewables Inc. President and CEO James Villaroman, along with VP Darlene Arguelles, shake hands with GEDI's VP Chen Lan, solidifying their commitment to sustainable energy.

"We are poised to embark on the construction of the Calatrava Solar and Olongapo Solar projects this year, aligning with our strategic vision of adding 3,700 megawatts of renewable energy to our portfolio by the next decade," stated Emmanuel Rubio, President and CEO of AboitizPower.

The Calatrava Solar project, located in Negros Occidental, will generate a capacity of 172.7 MWp.

This solar power initiative is anticipated to contribute electricity to the grid via the Calatrava substation, with commencement expected in September and operation slated for December 2024.

The project will be executed within an approximate land area of 143 hectares, in collaboration with SUMEC Complete Equipment and Engineering Co., Ltd., the same firm currently wrapping up the Laoag Solar Project for PV Sinag, Inc.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Additionally, ARI is embarking on its largest solar endeavor, the 211 MWp Olongapo Solar project in Zambales.

Construction for this significant project is also set to commence in September, with commercial operations projected to launch by September 2025, supplying electricity through the Castillejos substation.

Business: Business men in suite and tie in a work meeting in the office located in the financial district.

Spanning approximately 196 hectares, the Olongapo Solar project is a joint effort between Guangdong Electric Power Design Institute Co., LTD. (GEDI) and its parent company, China Energy International Group Co., Ltd.

These initiatives propel the tally of AboitizPower's solar projects to five, including San Carlos Sun Power Inc. in Negros Occidental, as well as the Laoag and Cayanga solar projects in Pangasinan.

Entrepreneurship: Business woman smiling, working and reading from mobile phone In front of laptop in the financial district.

James Villaroman, President and CEO of Aboitiz Renewables Inc., emphasized the company's unwavering dedication to the nation's energy transition.

"Our mission aligns with the nation's ambitious vision of a just and balanced energy shift. As consumer demand for clean, cost-effective, and reliable energy grows, we are committed to fulfilling these needs," Villaroman stated.

Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

AboitizPower stands alongside its partners as a leading force in the Philippines' renewable energy sector, boasting the country's most diverse and extensive renewable energy platform in terms of operational capacity.

Currently overseeing a pipeline of nearly 1,000 megawatts of disclosed renewable energy projects, including wind and solar farms across the nation, as well as geothermal projects, AboitizPower is primed to achieve its goal of 4,600 megawatts of clean energy within the next decade, maintaining an equitable 50:50 balance between renewable and thermal capacities.

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