Aboitiz Renewables Inc., the clean-energy division of Aboitiz Power Corporation, has reaffirmed its commitment to expanding a diversified and cost-effective renewable energy portfolio, even as the Philippines faces a national energy emergency brought on by escalating geopolitical tensions in the Middle East. With global fuel markets becoming increasingly unstable, the company emphasized the importance of investing in indigenous energy sources to reduce dependence on imported oil and liquefied natural gas. The Philippines remains heavily exposed to global disruptions, particularly in the Strait of Hormuz, a vital chokepoint through which an estimated 25% of the world’s oil supply and 19% of global LNG shipments pass. Any disturbance in this region directly affects the country’s energy security and pricing.
Speaking at the Manila Times 2026 Energy Forum, Aboitiz Renewables Chief Growth Officer David Mikel Aboitiz explained that the current crisis underscores the urgency of strengthening domestic power generation. However, he emphasized that the company’s long-term strategy remains unchanged. Their focus continues to be the development of affordable renewable energy sources alongside dependable baseload power, ensuring that the country has a stable and reasonably priced supply of electricity in the years ahead. Aboitiz Renewables develops, builds and operates a wide range of clean-energy projects, including solar, wind, hydro, geothermal and battery storage systems.
The company currently has more than 1,800 megawatts of renewable capacity under development, representing one of the most active clean-energy pipelines in the country. For 2026, the company is set to begin work on 640 megawatts of new projects awarded under the fourth round of the Green Energy Auction Program (GEA-4). These include battery energy storage systems, solar developments, a wind project and a floating solar installation. According to Aboitiz, this year’s efforts will be focused on launching development activities and keeping all projects on schedule to meet their committed delivery timelines.
Earlier in the year, the government formally transferred stewardship of the Caliraya-Botocan-Kalayaan Hydroelectric Power Plant (CBK HEPP) Complex in Laguna to a consortium led by Aboitiz Renewables. The company views this acquisition as an important step in strengthening the country’s renewable energy backbone. Aboitiz noted that they are now working to maximize the efficiency and performance of the CBK pumped-storage asset, ensuring it supports the power system with maximum reliability.
The CBK HEPP complex—particularly its Kalayaan pumped-storage units—plays a vital role in maintaining the stability of the Luzon grid. Pumped-storage systems act as energy reserves that can store power during low-demand periods and release it quickly when demand spikes or when intermittent renewable sources fluctuate. This capability provides essential backup, stabilizes the grid and makes it easier to integrate more renewable energy across the country.
As of July 2025, data from the Energy Regulatory Commission shows that AboitizPower remains the national leader in power-generation capacity, holding a market share of 23.86%. Together with its partners, the company also manages the largest portfolio of installed renewable capacity under its operational control. Overall, Aboitiz Renewables continues to focus on long-term resilience, affordability and sustainability. Even amid global uncertainties, the company stands firm in its commitment to delivering reliable renewable energy solutions that strengthen the country’s energy security and support its transition to a cleaner, more stable power future.
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