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.
When storms approach, Filipino families instinctively act: umbrellas within reach, supplies checked, gadgets charged, and disruptions anticipated. It is a proven habit—when the future is unclear, being ready changes everything.
As part of its 75th anniversary and Project MITHI’s second year, Security Bank and partners planted nearly 500 mangrove seedlings in Barangay Bungro, moving toward a 7,500-seedling target this year. The event included environmental education for children and financial literacy training for adults to strengthen community resilience.
Japan, as a long-standing observer and partner in the Mindanao peace process, welcomed the successful conduct of the first-ever Bangsamoro Parliamentary Election held on September 14.
BSB Junrose Corp. has been appointed an importer-distributor of Michelin commercial tires in the Philippines, expanding its product offering to fleet operators as logistics and transport businesses put greater focus on vehicle uptime and operating efficiency.