Aboitiz Power Corporation Doubles Renewable Capacity To 2 GW As It Accelerates Solar And Hydro Expansion In Support Of The Philippines’ 2030–2040 Clean Energy Goals

In line with the Philippines’ goal of achieving a 35% renewable energy share in its power generation mix by 2030 and 50% by 2040, Aboitiz Power Corporation (AboitizPower) continues to accelerate the growth of its clean energy portfolio. Over just a few years, the company has more than doubled its renewable energy capacity. From less than a gigawatt of attributable net sellable capacity in 2020, AboitizPower has expanded this to approximately 2 gigawatts as of February 2026. Most of this growth came from solar developments, alongside the recent acquisition of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plant (CBK HEPP) Complex in Laguna.

Renewable sources such as solar and hydropower play a crucial role in enhancing the country’s energy self-sufficiency, reducing dependence on imported fuel, and supporting a diversified and resilient power sector. The acquisition of the 789-megawatt CBK HEPP Complex in February 2026 marked an important milestone for AboitizPower. The facility was officially turned over to a consortium led by Aboitiz Renewables, Inc., the company’s renewable energy arm. The CBK HEPP Complex — particularly its Kalayaan pumped-storage units — is a vital asset for the Luzon grid.

By storing energy and delivering rapid power when needed, the facility enhances system stability, provides essential ancillary services, and enables more renewable energy to be integrated without compromising reliability. As the Philippines continues its clean energy transition, CBK’s flexible storage capability is expected to play an even more significant role in preventing power disruptions and maintaining grid resilience. AboitizPower Chairman Sabin Aboitiz emphasized that the facility’s attributes provide flexibility, stability, and resilience at a time when the energy landscape is evolving rapidly. With more solar and wind entering the grid, he noted that assets like CBK become even more essential for managing peak demand, supporting reserves, and ensuring smooth integration of variable renewable sources.

The acquisition of CBK also strengthens Aboitiz Renewables’ hydropower portfolio, adding one of the country’s largest pumped-storage facilities to its renewable energy mix. This supports AboitizPower’s wider strategy of expanding its clean energy capacity while building a stable and reliable long-term power generation platform. Aboitiz Renewables has also been active in rolling out new solar developments across the country. In October 2025, the company energized its 93-megawatt peak San Manuel solar power plant in Pangasinan, its third solar installation in the province and its sixth overall. Earlier in July 2025, Aboitiz Renewables received the Final Certificate of Approval to Connect (FCATC) for its 173-MWp Calatrava solar power plant in San Isidro, Negros Occidental.

This approval enabled the project’s commercial operation, making it the largest operating solar PV farm in the Visayas. The Calatrava project earned Aboitiz Renewables recognition as “Independent Power Producer of the Year” at the 2025 Asian Power Awards in Kuala Lumpur. In November 2024, the company energized the 47-MWp Armenia solar project in Tarlac — its first solar plant in Central Luzon — featuring an 11.58-kilometer transmission line that crosses five barangays. Prior to this, Aboitiz Renewables delivered several other solar facilities, including the 95-MWp Cayanga-Bugallon and 159-MWp Laoag solar power projects in Pangasinan, both constructed on repurposed, non-arable sloping land.

The company’s first solar facility, the 59-MWp SacaSun plant in Negros Occidental, was also recently recognized by SHAPES and the Department of Energy for achieving eight years of zero lost-time incidents. Beyond solar and hydro, Aboitiz Renewables continues to expand its pipeline of clean energy projects across multiple technologies, including wind, geothermal, and energy storage. The company has more than 1,000 MW of renewable energy capacity under development. Its geothermal unit, AP Renewables Inc., earlier announced the Bay battery energy storage system (BESS) project in Laguna, which will become the first BESS–geothermal hybrid system in the Philippines once completed.

Meanwhile, under SN Aboitiz Power (SNAP), a joint venture with Scatec ASA, additional BESS facilities are underway: 40 MW at Binga in Benguet and 16 MW at Magat in Isabela. Both systems are co-located within existing hydro facilities and are expected to begin commercial operations within the year. According to the Energy Regulatory Commission, AboitizPower remains the country’s market leader in power generation capacity, holding a 23.86% national market share as of July 2025. Together with its partners, the company manages one of the largest renewable energy portfolios in the Philippines based on installed capacity under operational control.