Tuesday, 15 July 2025, 3:07 am

    Tag: ACEN

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    ACEN unit powers Mapúa Malayan full renewable shift

    Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.

    ACEN joins Denmark’s CIP in offshore wind power venture

    ACEN Corp., the Ayala Group’s listed energy platform, has signed definitive agreements to acquire a 25 percent minority stake in the planned 1-gigawatt offshore wind project in Camarines...

    Telecom, energy units weigh down Ayala 1Q earnings

    Ayala Corp., the diversified holding company of the Ayala Group, reported a 3.7 percent decline in net income to P12.6 billion in the first quarter, weighed down by one-off items and weaker contributions from its telecom and energy units.

    ACEN profit drops 28% on lower generation, weaker market prices

    ACEN Corp. reported a 28 percent year-on-year decline in its first-quarter consolidated net income attributable to equity holders, falling to ₱1.95 billion from ₱2.72 billion in the same period of 2024. The slump was driven by lower generation output and declining prices in the Philippine Wholesale Electricity Spot Market (WESM), the company said Thursday.

    ACEN secures P34.41B Loan for Quezon-Laguna wind farm

    ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.

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    Dagohoy solar plant begins commercial operations in Bohol

    PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.

    Thousands of hectares hit by sugar pest as crisis deepens

    The red-striped soft scale insect (RSSI) infestation in the Visayas has sharply worsened, now affecting 2,923.13 hectares and impacting 1,574 farmers as of 9 July, according to the Sugar Regulatory Administration (SRA).

    SEC enforces strict timelines with “deemed approved” policy

    The Securities and Exchange Commission (SEC) has rolled out new guidelines enforcing its “deemed approved” policy, setting mandatory processing timelines for most applications submitted by entities under its supervision.

    Fuel prices surge after Red Sea attacks

    Motorists will face higher fuel costs starting today, Monday, as oil companies roll out significant price hikes at the pumps following renewed terror attacks in the Red Sea and signs of firm global petroleum demand.

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