AboitizPower Grows Clean Energy Portfolio with Tarlac Solar Farm
- December 17, 2024
AboitizPower has taken another significant step in growing its clean energy portfolio by activating its first solar facility in Central Luzon. Operated by its renewable energy unit, Aboitiz Renewables Inc. (ARI), the 45-megawatt peak (MWp) solar plant in Tarlac commenced operations last month, marking a significant milestone in the company’s renewable energy initiatives.
According to a news article by the Philippine News Agency, ARI President Jimmy Villaroman shared in a statement, “The Armenia Solar Project gives Aboitiz Renewables and AboitizPower great pride, being able to contribute our part to the diversification of the Philippine power mix. We can be counted on to continue to help build and strengthen a cleaner energy system for the future.”
Expanding Renewable Energy
AboitizPower’s fourth operational solar power plant, The Armenia Solar Facility, joins their portfolio of solar plant projects, including:
- San Carlos Sun Power Plant in Negros Occidental with a capacity of 59 MWp.
- Cayanga-Bugallon Solar Power Facility in Pangasinan, offering 94 MWp.
- Laoag Solar Power Plant in Pangasinan, providing 159 MWp.
These projects contribute to the company’s goal of supporting the Philippines’ target of a 35% renewable energy (RE) share in the national energy mix by 2030 and 50% by 2040. AboitizPower aims to expand its renewable energy capacity to 4,600 MW, with plans to invest in solar, hydro, geothermal, wind, and energy storage systems.
Leading Innovations in Energy Storage
ARI, alongside AbotizPower Renewables Inc. (APRI), forged a partnership with Shandong Electric Power Engineering Consulting Institute Co. Ltd. to pioneer the Philippines’ first-ever battery energy storage system (BESS) and geothermal hybrid project. This demonstrates the company’s commitment to innovation. The Bay BESS in Laguna is set to enhance the reliability and flexibility of geothermal energy.
The company continues to strengthen its position across power generation, distribution, and retail electricity services, maintaining a balanced portfolio of renewable and nonrenewable energy sources to meet the country’s energy needs.