Business News

AboitizPower stands firm in 2020, hopeful for 2021

AboitizPower had high hopes for 2020 as it anticipated the realization of its growth strategy over the next decade. But three months into what AboitizPower thought would be a stellar year, the COVID-19 crisis brought about an unprecedented impact on the power company, forcing it to transition from significantly growing the business to keeping it […]

News Features

Advocating Clean and Renewable Energy Education: The APRI Experience

THE first education center of AboitizPower that promotes clean and renewable energy education in the country – the Cleanergy Center celebrated its 6th year anniversary last Dec. 11, 2019, at the APRI Admin Compound, Limao, Calauan, Laguna. The event with the theme “To Six Years and Beyond: Cleanergy’s Passionate Public Service on Renewable Energy Education”, […]

Business

APRI, SacaSun maintain world-class IMS Certification

LEADING renewable energy producers — AP Renewables, Inc. (APRI) and San Carlos Sun Power Inc. (SacaSun), the wholly-owned subsidiaries of AboitizPower that harness Cleanergy using geothermal and solar, — just passed the external Integrated Management System (IMS) surveillance audit conducted by TUV Rheinland Philippines, Inc. last October 14-16, 2019. APRI maintained the validity of their […]

Lifetimes News Features

The Sea, Sky, and TSI

AT five o’clock in the morning every day, the engineers aren’t the only ones up and about inside the power plant.  An unlikely bunch kept them company amid the impressive steel and concrete structures. You would have to pay close attention to notice them because despite being frequent visitors, these winged creatures were often overlooked. […]

Business News

1st PH industrial solar farm to rise in Batangas Shell Refinery

THE Philippines’ leading petroleum company, is putting up the first industrial solar farm in its Tabangao oil refinery in Batangas City in an effort to produce cleaner fuel in the face of the pressing need to curb carbon footprints, October 4. The groundbreaking of the Integrated Energy Project of Pilipinas Shell Petroleum Inc.’s , was […]

Business

Asiamoney: AboitizPower most outstanding energy company in PH

ABOITIZ Power Corporation was recently named as among the Philippines’ most outstanding companies, based on a poll conducted by financial publication Asiamoney. The listed company stood out from the rest of the country’s energy firms, according to the “Asia’s Outstanding Companies Poll,” the results of which were released last September 25, 2019. “The Asiamoney Asia’s […]

Business News Features

AboitizPower posts 6% income growth to P21.7B in 2018

FOR 2018, AboitizPower recorded a net income of P21.7 billion, 6% higher than the P20.4 billion recorded in the previous year. Non-recurring losses of P2.1 billion were recognized, without which, core net income for 2018 was P23.8 billion, 2% higher YoY (year-on-year). AboitizPower recorded consolidated earnings before interest, tax, depreciation, and amortization (EBITDA) of P51.5 […]

News

‘Let there be light!’  Solar electrification sa Isla Verde, andar na

By JOENALD MEDINA RAYOS ISLA VERDE, Batangas City – “Noon ay pangarap pa lamang, ngunit ito na ngayon ang katuparan – mula ngayon, magiging maliwanag na buhay ng mga tagarito sa Isla Verde.” Ganito inilarawan ni Mayor Beverly Rose A. Dimacuha ang matagumpay na proyekto ng paghahatid ng electripikasyon sa Isla Verde na sinimulan sa […]

Business Events Lifetimes News Features

Albayanos stand through the Usman tragedy

“DAHIL sa ilang araw na sobrang lakas ng pag-ulan, hindi namin inasahan ang madaling pagtaas ng tubig at pagguho ng mga lupa sa mga bundok na ikakamatay ng ilan sa mga kabarangay at mismong kapitbahay ko (It was raining hard for many days, which must have caused the unexpected rise in water level and landslide […]

News

Residente ng  San Agapito, Isla Verde magkakakuryente na

TULOY na tuloy na ang Solar Electrification Project sa San Agapito, Isla Verde matapos lagdaan ang  Contract of Lease sa pagitan ng Batangas City Government at ng Manila Electric Company (MERALCO), project proponent, para sa operasyon, maintenance at management services  ng Isla Verde Solar Photovoltaic Plant sa loob ng 25 taon. Ito ay nilagdaan ni […]