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 Motorcycle Development Program Participants Association (MDPPA) has rolled out a traffic guide identifying alternative motorcycle routes around 11 busy school zones in Metro Manila, aiming to help riders avoid congestion while promoting safer and more efficient mobility.
Metro Manila is heading for a fresh wave of hotel openings through 2029, with foreign brands accounting for nearly half of new supply as developers position for the recovery of Philippine tourism, according to Colliers Philippines.
Manulife Philippines has earned industry recognition for its digital customer engagement and talent acquisition initiatives, underscoring the insurer’s efforts to make financial planning more accessible while strengthening its workforce.
Cebu Landmasters Inc. (CLI) is preparing 11 new projects worth an estimated P25 billion in sales value as the Visasyas-Mindanao developer replenishes residential inventory following a 95-percent sell-out rate across its portfolio.