Tag: Ayala Group

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ACEN helps fund major Zambales solar farm expansion

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 Australia secures access rights to energy zone

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 Building 60MW Solar Farm In Pangasinan, Takes Stake In SP New 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 starts building 300MW solar farm in Zambales

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.

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DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

ERC extends GEA-All collection suspension until end-2026 to ease power costs

The Energy Regulatory Commission (ERC) announced Wednesday it has further extended the temporary suspension of Green Energy Auction Allowance (GEA-All) collections through the end of 2026, continuing relief for consumers amid ongoing economic pressures.

ERC to appeal CA ruling on Siquijor power firm, cites lapsed authority & ended deals

The Energy Regulatory Commission (ERC) will file a motion for reconsideration via the Office of the Solicitor General to reverse a Court of Appeals (CA) decision reinstating S.I. Power Corp. (Sipcor)’s authority to operate in Siquijor.

AIA, BPI AIA target Philippines’ evolving retirement needs

Longer life expectancies, smaller families, and rising healthcare costs are forcing Filipinos to rethink retirement planning, creating demand for financial products that can provide both protection and income well into old age.

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