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.
ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
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.
AC Health is extending its healthcare partnership with Valenzuela City beyond hospitals and dialysis services to address a critical but often overlooked part of public health: identifying developmental difficulties in children early enough to make a difference.
The Bank of the Philippine Islands (BPI) is urging the Bangko Sentral ng Pilipinas (BSP) to deliver a calibrated interest rate increase while calling on executive agencies to roll out immediate supply-side reforms, following the central bank’s warning late Wednesday that the economy faces a difficult mix of high inflation and slowing growth.
Travelers and freight forwarders may pay less for flights and cargo starting November 16, as the Civil Aeronautics Board (CAB) lowers fuel surcharges following a drop in global jet‑fuel prices.
The Philippine Ports Authority (PPA) is inviting Filipinos to explore local tourist spots using the country’s modernized ports and budget‑friendly inter‑island sea travel for the November 14‑18 extended holiday tied to the 49th ASEAN Summit.