AboitizPower Partners with Plug and Play to Boost Innovation and Agility

April 06, 2022

AboitizPower Partners with Plug and Play to Boost Innovation and Agility

Global innovation platform Plug and Play announced today that AboitizPower, a leading energy company in the Philippines, will be its newest Anchor Partner of the Smart Cities Innovation Program in the Asia Pacific (APAC) Region.

AboitizPower will work hand in hand with Plug and Play Tech Center to discover new technologies and trends to accelerate its 10-year renewable energy growth strategy to achieve a 50:50 balance mix between its thermal and renewable portfolios by 2030. The partnership will also boost AboitizPower’s digitalization strategy, which is a key driver of its sustainable energy transformation journey.

“Sustainability has always been at the core of AboitizPower’s operations. Our balanced mix strategy has enabled us to supply our customers with reliable and affordable energy while keeping our environmental impact at a minimum. We expect that our partnership with Plug and Play will provide us with increased agility, adaptability, and innovative solutions that will allow us to achieve our growth aspirations and build a more sustainable future,” said Emmanuel V. Rubio, President and CEO, AboitizPower.

“With increasing uncertainty comes opportunities for adaptation. At AboitizPower, we believe that we must innovate to both sustain our current business and to create the future of energy. We believe that we cannot do this alone and that we must do this as a community. It is with belief that we join the Plug and Play community.” said Carlos Aboitiz, Chief Corporate Services Officer, AboitizPower.

“We’re delighted to have AboitizPower, the largest subsidiary of the Philippines’ most respected conglomerate Aboitiz Group, join the Plug and Play global innovation platform. Our goal is to provide the line of sight into the most innovative startups shaping the future of sustainable energy as well as digital transformation across other relevant Smart Cities industries,” said Shawn Dehpanah, Executive Vice President and Head of Corporate Innovation and Investment at Plug and Play APAC.

Plug and Play's Smart Cities startups will now be able to work alongside AboitizPower and collaborate on new ideas and relationships towards its ‘4D’s Modern Energy System strategy including Decarbonization, Digitalization, Decentralization and Democratization. Some of the key focus areas this year include Hydrogen, DERs & Virtual Power Plants, Energy Marketplace Platform, Carbon Capture & Storage and EV/EV Infrastructure.