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.
Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.
Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.
The Mining Industry Coordinating Council (MICC) is seeking to restore Indigenous Peoples’ control over ancestral lands after mining companies complete their operations and rehabilitation obligations, putting post-mining land rights at the center of proposed reforms.