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 Aurora Pacific Economic Zone and Freeport Authority (APECO) is stepping up its bid to transform Aurora into the country's next Pacific gateway, seeking government support to prepare four big-ticket infrastructure projects for private investment.
The Philippines is poised to strengthen its biggest inbound tourism market after Delta Air Lines announced its first-ever nonstop flights between Los Angeles and Manila, adding capacity to a route fueled by leisure travel, business demand and one of the world's largest Filipino diaspora communities.
Cebu has emerged as the fastest-growing destination for Vietnamese tourists ahead of the upcoming summer travel season, according to data from the digital travel platform Agoda.
Hino Motors Philippines (HMP) says strategic international collaboration is key to delivering modern mobility solutions as the country’s logistics, construction, and public transport sectors advance. This follows the official entry of ARCHION, the commercial vehicle group uniting Hino and Mitsubishi Fuso, into the Commercial Japan Partnership Technologies (CJPT), taking over Hino Motors Ltd.’s seat as part of the two brands’ business integration.