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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Tropical Hut taps First Gen geothermal power for cost, sustainability

Tropical Hut Food Market, Inc., one of the country’s oldest fast-food chains, has partnered with First Gen Group to power 12 of its branches and its head office with geothermal energy—an effort aimed at better managing operating expenses while reducing environmental impact.

PCIC allocates P187 million for post typhoon farmer insurance payouts

The Philippine Crop Insurance Corp. (PCIC) has earmarked P187 million to provide financial relief to insured farmers who suffered losses from flooding and destruction caused by three typhoons and the intensified southwest monsoon.

Gov’t secures funding for ₱20 rice subsidy until 2028

The government has secured sufficient funding to sustain President Ferdinand Marcos Jr.’s P20-per-kilo rice program through the end of his term in mid-2028, with most newly allocated funds remaining available for deployment, Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed.

DTI widens export markets as shipments hit record

Philippine exports surged to a record USD54.92 billion in the first seven months of 2026, up 12.9 percent year-on-year, prompting the Department of Trade and Industry (DTI) to widen its push for new markets and overseas buyers for local businesses.

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