ACEN Corp., the renewable energy arm of the Ayala Group, said the 900 MW Robbins Island wind project in Australia has secured Federal Government approval, a major boost to one of the largest private investments in Tasmania’s history and a pivotal step in Australia's clean energy transition.
ACEN Corp., the renewable energy arm of the Ayala Group, has partnered with UPC Renewables for the construction of two green energy projects in India: a 420-megaWatt solar farm in Rajasthan and a 120 MW wind farm in Karnataka.
Nestor V. Tan, president and chief executive officer of BDO Unibank Inc.,has received P35 million worth of shares as property dividends issued by the banking arm of the SM Group.
ACEN Corp., the Ayala group’s listed energy platform, is expanding its renewable footprint in North Luzon with the 133-megaWatt Cagayan North Solar project in Lal-lo, Cagayan.
The Philippine automotive market is beginning to look like a family reunion where everybody has arrived in a different vehicle, but everyone wants to talk about electricity. There are fully electric sedans, plug-in hybrid pickups, hybrid SUVs, and battery-powered crossovers competing for attention. The gasoline engine has not been invited to leave, but it is beginning to notice that the conversation has changed.
Tereso Panga is ending 28 years at the Philippine Economic Zone Authority (PEZA), citing more than 100,000 jobs created during his leadership as his most meaningful contribution to the investment promotion agency.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has secured P177 million in government assistance to prepare a feasibility study for a proposed international seaport in Casiguran, a project envisioned to turn Aurora into a gateway for manufacturing, logistics and Pacific trade.
The Bases Conversion and Development Authority (BCDA) is targeting about P165 billion in additional investment partnerships within three months, expanding its development pipeline in agriculture, energy and aviation while seeking to turn rising private-sector interest into sustained government revenues and jobs.