Aboitiz pushes investment-friendly policies to boost renewables adoption

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Aboitiz Power Corp. is pushing for an investment-friendly environment to foster the progress of renewable energy projects and help boost its adoption.

“A multifaceted approach is essential to our journey toward a renewable energy future. A robust policy framework that encourages investment and innovation is paramount,” he said, noting how the responsibility of the energy transition does not fall squarely on power producers. Lacson said focus should also be on energy security amid a projected annual growth rate of 5.19 percent in peak electricity demand and the need to sustain economic growth for development.

It manages the country’s largest renewable energy portfolio, based on installed capacity under its operational control.

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