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Amidst recent energy supply challenges, Aboitiz Renewables, Inc. (ARI), the renewable energy arm of Aboitiz Power Corporation (AboitizPower), has unveiled the addition of the 159 MWp Laoag Solar Power Plant in Aguilar, Pangasinan. This strategic move aims to bolster electricity capacity and alleviate strain on the national grid.
In recent weeks, the Philippines has faced multiple yellow and red alerts due to power plant outages and surging demand exacerbated by high temperatures. Yellow alerts indicate tight operating margins for contingency requirements, while red alerts signify inadequate supply to meet consumer demand.
President of Aboitiz Renewables Inc., Jimmy Villaroman, highlighted the significance of the Laoag Solar Power Plant alongside the 94 MWp Cayanga-Bugallon Solar Power facility, collectively providing 200 MW of sellable capacity. These projects are poised to significantly contribute to the nation’s energy security efforts during challenging periods.
Utilizing non-agricultural land for solar fields helps preserve valuable farmland and supports the agricultural economy, with each MW of solar power typically requiring about one hectare of land.
Further enhancing energy diversification, the upcoming 17 MW Tiwi Binary Geothermal Power Plant in Albay will harness residual heat from geothermal processes to generate additional electricity, while the recently operational 24 MW Magat battery energy storage system (BESS) in Luzon supports grid stability through ancillary services.
ARI’s expansion plans include 1,200 MW of new capacities in solar, geothermal, and energy storage, with a second phase targeting an additional 1,700 MW by 2030. These initiatives align with the Philippine government’s goals of achieving a 35% renewable energy share by 2030 and 50% by 2040, positioning AboitizPower as a key player in advancing sustainable energy solutions nationwide. |
