ABOITIZPOWER'S SOLAR MILESTONES LEAD ITS RENEWABLE ENERGY DRIVE

In support of the Philippines' ambition of having a 35% share of renewable energy in its power generation mix by 2030, Aboitiz Power Corporation (AboitizPower) continues to pursue opportunities to grow its clean energy portfolio.

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From less than a gigawatt of net attributable renewable energy capacity in 2020, AboitizPower increased it to 1.4 gigawatts as of end-2024, with solar accounting for most of the growth in the past few years. As a clean and indigenous source of energy, renewables like solar forward the country's ambitions for greater energy self-sufficiency and a diverse energy portfolio.

Most recently, Aboitiz Renewables, Inc. energized its 92.55-megawatt peak (MWp) San Manuel solar power plant in Pangasinan, its third solar power facility in the province and sixth completed overall to date.

"This marks another important step in our renewable energy expansion," said Aboitiz Renewables President Jimmy Villaroman. "Pangasinan's strong solar potential and available grid connections make it ideal for solar development."

Aboitiz Renewables is the renewable energy arm of AboitizPower holding investments and interests in various renewable energy projects, including geothermal, large hydro, run-of-river hydro, wind, battery energy storage systems, and solar projects.