ACEN, the renewable energy arm of the Ayala Group, said Thursday that its subsidiary, ACEN Renewables International, has completed the acquisition of the Australia development platform, UPC Renewables Asia Pacific Holdings.
ACEN, the listed energy company of the Ayala Group, will soon begin building the 60-megaWatt Pangasinan Solar farm, the listed power firm’s first development in the province and the second solar farm to start a major construction this year.
ACEN, the listed energy platform of the Ayala Group, will increase its power generation capacity with the development of a new 300-megawatt solar farm, called Palauig 2 Solar, in Zambales at a cost of P16 billion.
At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment.
Toyota Motor Philippines has been named the country’s “Top 2 Importer” for 2025 after remitting a record P52.517 billion in duties and taxes, marking the company’s highest annual contribution since its operations began.
The Department of Agriculture (DA) is pushing to expand oil palm production in Mindanao, saying it can cut imports, raise farmer incomes, and secure the country’s cooking oil supply.