MANILA -- AboitizPower on Monday announced that it will enter the rooftop solar business, further expanding the firm's renewable energy portfolio under the Cleanergy brand.
The new business was named AboitizPower Distributed Energy, Inc. (APX). To date, AboitizPower has 1,272 MW of net sellable capacity through the Cleanergy brand.
AboitizPower has a vast portfolio of renewable energy plants under Cleanergy, including its geothermal, solar, and hydropower facilities.
In a statement, AboitizPower said APX is already looking at completing several projects in Luzon and Visayas this year, "with a target to integrate it closely with the firm's existing open access customers."
APX General Manager Ping Mendoza said the APX's edge will be the AboitizPower's experience in the industry.
Being in the power industry for more than 80 years gives the firm both knowledge and technical capability to cater to customers who may want to shift to solar energy, remarked AboitizPower president. Antonio Moraza.
AboitizPower first entered the solar power business in 2016, via its 59-MWp San Carlos Sun project in San Carlos City, Negros Occidental.
Distributed energy technology such as rooftop solar panels complement existing products and services of AboitizPower, added Moraza. (PNA)
