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 Information and Communications Technology (DICT) will formally adopt the Scam Watch Pilipinas Anti-Scam Quad Model as the country’s official national strategy for anti-scam education and public awareness, establishing a unified framework to guide public action and cross-sector collaboration in preventing fraud.
Converge Global Business, the enterprise arm of Converge ICT Solutions Inc., has signed a key partnership with Ormoc-based Virtual Staffing Solutions (VSS) to power VSS’s expanding local and global operations with high-speed, secure pure fiber connectivity.
The new Batangas State University-LIMA Campus is being positioned as a key part of LIMA’s long-term plan to attract more investments and support up to 250,000 jobs as the Aboitiz-led economic estate expands beyond manufacturing.
Citicore Renewable Energy Corp. is gaining financial momentum as stronger margins and a growing project pipeline position the renewable power company for continued expansion.