Energy & Mining
ACEN helps fund major Zambales solar farm expansion
ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.
DOE, French firm push hydrogen power in PH
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.
ACEN Australia unit reaches financial close for solar project
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.
SC ruling strengthens Philippine nickel sector confidence
A recent Supreme Court decision dismissing a Writ of Kalikasan petition against Hinatuan Mining Corp. is seen by the Philippine nickel industry as a boost to investor confidence and regulatory stability.
Yindjibarndi Energy renewable venture starts construction
Yindjibarndi Energy Corp., a partnership between the Yindjibarndi Aboriginal Corp. and Philippine-listed renewable energy firm ACEN Corp., will begin construction of the Jinbi Solar Project in Western Australia’s Pilbara region after reaching Financial Close and securing a 30-year power purchase agreement with Rio Tinto.
