Tag: ACEN

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ACEN deepens wind project funding support

Energy & Mining Context.ph Context.ph -
ACEN Corp. has extended further financial backing for its flagship wind development in Quezon, underscoring continued capital support for one of its largest renewable energy projects in the Philippines.

ACEN funds battery project with internal loan

Energy & Mining Context.ph Context.ph -
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.

Ilocos Norte, ACEN roll out solar access program

Energy & Mining Context.ph Context.ph -
The Provincial Government of Ilocos Norte has launched a first-of-its-kind campaign to bring rooftop solar to households, partnering with ACEN and GCash to make clean energy more accessible and affordable.

Ayala sharpens cash focus amid global headwinds 

Corporate Context.ph Context.ph -
Jaime Augusto Zobel de Ayala, chairman of the diversified Ayala Corp., said the group is prioritizing resilience and disciplined capital deployment as global volatility and softening demand reshape operating conditions.

ACEN secures India wind project financing boost

Energy & Mining Context.ph Context.ph -
ACEN Corp., the listed green energy arm of the Ayala Group, has secured a project finance term loan worth INR7.517 billion to fund the development of its Bijapur Wind project in Karnataka, India, marking another step in its regional expansion.
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Philippine brands, GI products shine at WIPO showcase

Travel & Tourism 0
The Philippines is using this year's World Intellectual Property Organization (WIPO) General Assembly in Geneva to promote its globally recognized brands, geographical indication (GI) products and cultural heritage, underscoring how intellectual property can drive tourism, strengthen local enterprises and create new economic opportunities.

Green Lane accelerates P351-billion clean energy investments

Energy & Mining 0
The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

Prosecution drops 2 impeachment witnesses

Context Dispatch 0
The House prosecution has dropped Vice President Sara Duterte's chief of staff, Zuleika Lopez, and security official Belinda Bello as witnesses in the impeachment trial. Prosecutor Lorna Kapunan said Tuesday their testimony under Article IV had become unnecessary, redundant or merely corroborative following evidence presented by two National Bureau of Investigation officials. Lopez was expected to authenticate a video of Duterte's Nov. 23, 2024 online press conference, but Kapunan said the defense had already acknowledged the event and used the same recording. Bello's testimony would have merely corroborated a detention-facility transfer order involving Lopez, Kapunan said. Senator-judges welcomed the move that helps in shortening the trial period.

DA lifts FMD-related meat import ban on Hungary

Agriculture 0
The Department of Agriculture has lifted a temporary ban on imports of foot and mouth disease-susceptible animals and their products from Hungary, following approval through Department Circular No. 34 signed on July 8.

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