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.
The Department of Energy (DOE) is advancing new generation assets and a key transmission link to secure Panay Island’s power supply and support Western Visayas’ growth.
The Bangko Sentral ng Pilipinas (BSP) launched its Financial Education Roadshow on Tuesday at the BSP Visayas Regional Office. The initiative aims to boost financial education and inclusion across regions, and also introduced the proposed National Strategy for Financial Education.
NephroPlus Philippines has expanded its dialysis network to 53 clinics nationwide as it seeks to broaden access to kidney care while strengthening prevention and early-detection programs in local communities.
The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.