By: Ronnel W. Domingo - 05:03 AM
April 03, 2018
Aboitiz Power Corp. is launching a
new unit as it enters the rooftop solar power system market to expand its
portfolio of renewable energy assets.
Named AboitizPower Distributed
Energy Inc. or APX, the new company is already looking at completing within
this year “several key projects” in Luzon and the Visayas.
The new subsidiary is also intended
to tap into the AboitizPower group’s existing open access customers.
The Energy Regulatory Commission’s
retail competition and open access (RCOA) scheme allows consumers representing
a certain volume of demand, currently at a minimum of one megawatt (MW), to
seek alternative suppliers other than the incumbent distribution utility in
their area.
In Metro Manila, customers that
signed up for Aboitiz Power’s open access retail services include The Net
Group, Eton Properties, UnionBank, Asian Development Bank and Nestle
Philippines.
“The positive response from
customers affirms our view that distributed energy technology such as rooftop
solar complements existing products and services that the AboitizPower group
provides,” APX general manager Ping Mendoza said.
AboitizPower went into the solar
power segment in 2016 with its 59-MW San Carlos Sun (Sacasun) project in San
Carlos City, Negros Occidental.
Under its Cleanergy brand,
AboitizPower is engaged in geothermal, solar, and hydropower facilities across
the nation.
Through Cleanergy, AboitizPower,
along with its partners, has a total of 1,272 megawatts in net sellable
capacity.
“We have been in the power industry
for more than 80 years,” AboitizPower president Antonio Moraza said in a
statement.
“This gives us a wealth of knowledge
and technical capability that we can share to our customers who want to go into
solar,” Moraza said.
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