AboitizPower - updates

Rappler's latest stories on AboitizPower

ARTICLE FINDER

Next AboitizPower CEO won't come from Aboitiz clan

Apr 22, 2019 - 9:20 PM

(UPDATED) AboitizPower COO Emmanuel Rubio will be the company's president and CEO effective January 1, 2020

Aboitiz Equity Ventures net income up by 3% in Q1 2018

May 03, 2018 - 5:45 PM

The net income of the Aboitiz Group's holding firm increases to P4.8 billion for the January to March period, from P4.7 billion in the same quarter a year ago

AboitizPower ventures into solar rooftops

Apr 02, 2018 - 4:45 PM

The power firm sets up a new unit called AboitizPower Distributed Energy, which is eyeing projects in Luzon and the Visayas this year

AboitizPower ready to take over Negros solar power project

Jan 02, 2018 - 6:45 PM

The 59-megawatt peak (MWp) solar photovoltaic power generation project is seen to be one of the largest solar power projects in the Philippines to date

AboitizPower to install 500 MW of new power by 1st half of 2018

Dec 06, 2017 - 10:30 PM

The new capacity will come from the completion of several hydro and baseload power plants

HYDROPOWER. A look at the installed turbines and generators for the 68-MW Manolo Fortich (Bukidnon) hydro power plant of AboitizPower subsidiary Hedcor. Photo from AboitizPower.

AboitizPower expands hydroelectric business

Nov 19, 2017 - 8:45 PM

The company's latest facility is the $47-million Maris hydroelectric power plant in Isabela, which took two years to build

GREENFIELD HYDRO. The $47-million Maris hydroelectric power plant is the first greenfield project of SN AboitizPower, which took the firm two years to build. Photo from AboitizPower

LOOK: First half core profit of Meralco and AboitizPower

Aug 04, 2017 - 7:33 PM

Meralco s core net income slightly declines to P10 1 billion in the first half of 2017 while that of AboitizPower slightly increases to P10 5 billion

DRIVERS. Meralco's core net income declines due to lower retail revenues while AboitizPower's core net income increases on the back of new power plants. File photo

WATCH: Inside AboitizPower's coal-fired power plant in Mindanao

May 15, 2017 - 4:46 PM

Mindanao s leading power generator talks about its adoption of clean coal technologies

#ThewRap: Videos you need to watch this week, May 8-14, 2017

May 14, 2017 - 2:29 PM

Must watch videos from this week

Rappler Talk: AboitizPower on diversifying energy sources and the power situation in Mindanao

May 10, 2017 - 8:20 PM

Mindanao now has an oversupply of power according to Sebastian Lacson COO of AboitizPower Coal Group

AboitizPower explores Myanmar, Indonesia amid PH power oversupply

Mar 15, 2017 - 7:15 PM

With the current situation the Philippines second largest power producer by capacity says local firms can only grow by expanding outside the country or buying out competitors

GROWTH OPPORTUNITIES. AboitizPower is doing feasibility studies in Myanmar and Indonesia for possible hydropower projects. Rappler file photo

AboitizPower exits geothermal exploration in Indonesia

Jan 31, 2017 - 4:38 PM

Aboitiz says it will step aside to allow its partner PT Medco Power Indonesia to proceed with the exploration and development of a potential geothermal power plant in Ijen East Java Province

WITHDRAW PLANS. Aboitiz steps aside to allow its partner, PT Medco Power Indonesia, to proceed with the exploration and development of a potential 2x55-megawatt (MW) geothermal power plant in Ijen, East Java Province. Rappler file photo

AboitizPower eyes Chevron's PH, Indonesian geothermal assets

May 16, 2016 - 7:00 PM

These assets which could be for sale next year include one of the world s largest geothermal operations

Why energy transition might be slow under a Duterte presidency

May 15, 2016 - 9:30 AM

Duterte s pro coal stand might be indicative of a slow energy transition from dirty to renewable energy

ADB backs first 'climate bond' issuance in Asia-Pacific

Feb 29, 2016 - 8:40 PM

The P10 7B Aboitiz led bond will be boosted by a direct ADB loan of P1 8B for the development of the Tiwi MakBan facilities

REFURBISHING. The money raised for the bonds will go to the development of APRI's Tiwi-Makban geothermal facilities. The MakBan geothermal facility (pictured) located in Sto Tomas Batangas currently has 10 operating units while the Tiwi Geothermal Power located in Albay has 4 operating units.  Both geothermal facilities have a combined generating capacity of 390 megawatts. Photo from AboitizPower's website.

New 300-MW power plant in Mindanao 'not enough'

Jan 09, 2016 - 1:27 PM

A sister company of AboitizPower s Therma South Incorporated says Mindanao needs at least 300 megawatts of new power capacity annually for the next 5 years to address the power deficit

INAUGURATION. The first of the two 150-MW AboitizPower Davao baseload power plants started commercial operations in September 2015. The second unit is undergoing reliability tests and will be in full commercial operations by February 2016. Photo courtesy of AboitizPower

Aquino inaugurates AboitizPower’s P35-B Davao baseload power plant

Jan 08, 2016 - 4:26 PM

President Aquino says while he is an advocate of developing renewable energy right now we cannot wean ourselves completely from relying on coal

INAUGURATION. The first of the two 150-MW AboitizPower Davao baseload power plants started commercial operations in September 2015. The second unit is undergoing reliability tests and will be in full commercial operations by February 2016. Photo courtesy of AboitizPower

Petilla: Give Competitive Selection Process a chance

Nov 13, 2015 - 4:26 PM

You need rules CSP is where everything is a level playing field and everybody competes other than just negotiates the former energy secretary and senatorial candidate says

RULES. Former Energy secretary and senatorial candidate Carlos Jericho Petilla says the Competitive Selection Process aims for balance between profit and public service in a market-driven energy sector.

AboitizPower sets geothermal project in Indonesia

Sep 21, 2015 - 5:16 PM

AboitizPower International Pte Ltd enters into an agreement with PT Medco Power Indonesia for the exploration and development of a potential greenfield geothermal plant in East Java Province

OPPORTUNITIES. AboitizPower CEO Erramon Aboitiz earlier says the power firm is looking at opportunities abroad, particulalry in Southeast Asia and the Pacific.

Cebu thermal power plant starts construction

Apr 10, 2015 - 9:04 PM

Therma Visayas of AboitizPower and Vivant assures that the facilities will have ‘lesser and very low’ emissions

AboitizPower, SunEdison to develop solar energy projects

Nov 13, 2014 - 12:22 PM

The companies will jointly explore develop construct and operate utility scale solar photovoltaic power generation projects over the next 3 years

SN Aboitiz Power Group develops hydropower complex in Ifugao

Aug 08, 2014 - 5:12 PM

The planned 350 MW power facility marks the company’s first major project under its Greenfield Development Program

Power, banking units pull down Aboitiz Equity earnings in H1

Jul 31, 2014 - 4:46 PM

The company s consolidated net income falls 9 year on year

Meet the 5th generation of Aboitiz leaders

Sep 22, 2013 - 12:41 PM

Aboitiz has made a name for more than a century Time for a new generation to step up to the plate

CARRYING ON THE LEGACY. (front) Ana Aboitiz-Delgado, Rafa de Mesa; (back) Carlos Aboitiz, Tristan Aboitiz, William Paradies. Photos: Peter Imbong

AboitizPower ready for 'open access' regime

May 27, 2013 - 11:16 AM

The country biggest power producer is looking forward to the implementation of a regime meant to complete the power industry’s shift to a market driven from monopolistic

Aboitiz Equity Q1 income up 17% to P6.8-B

May 03, 2013 - 12:02 PM

One time gains like the P1 3 B proceeds from sale of City Savings Bank lifted Aboitiz Equity Holdings 17 first quarter financial performance

AboitizPower unit in deal for Visayas hydro project

Apr 19, 2013 - 6:30 PM

AboitizPower subsidiary Hedcor formalizes an agreement with Negros Oriental officials for the planned 22 MW Mabinay Manjuyod Hydropower project

AGREED. Negros Oriental governor Roel Degamo with officials from Hedcor.

AboitizPower shuts down Mindanao power barge

Mar 21, 2013 - 8:31 PM

The company announced that a generator of Mobile 1 in Maco Compostela Valley developed technical problems on March 18

NEW DEAL. Peakpower Energy to build 20.9MW power plant in Mindanao.

Warmer weather boosts AboitizPower's Jan-June profits by 15%

Aug 06, 2012 - 1:21 PM

The power arm of the Aboitiz Group increased net income on the back of higher power generation earnings as the hot weather increased demand

INCREASED CAPACITY. One of the 4 units of the Binga plant in Benguet has been completely rehabilitated. The facilities have a total plant capacity of 105 MW. Photo courtesy of AboitizPower.