Aboitiz Power Corp. is on track to operating additional renewable capacity of 176 megawatts in the first half of 2024, helping secure the country’s growing power requirements, an executive said in a recent forum.
AboitizPower earlier bared its goal to build 3,700 MW of new RE capacity en route to 4,600 MW by 2030, aligned with the Philippine government’s target of a 35-percent RE share in the nation’s energy mix by 2030 and 50 percent by 2040.These include projects in solar, wind, geothermal, hydro and battery energy storage systems.
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