AdventEnergy readies P1.8 B power projects

AdventEnergy Inc., the retail electricity supply arm of Aboitiz Power Corp., is spending as much as P1.8 billion next year to further beef up its portfolio.

- By BRIX LELIS

"We already have around 50-60 megawatts (MW) in the pipeline that we want to build by next year," Aboitiz-Power first vice president and head of retail James Yu said in a recent interview.

Yu said these projects are the deals signed by AdventEnergy this year, the majority of which are solar power systems and hybrid solar-battery energy storage projects.

"So it takes us around six to 12 months to deliver a project," he said.

AdventEnergy offers customized energy solutions to meet the specific power needs of its clients. These projects include ground-mounted and rooftop solar facilities for residential, commercial and industrial use.