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.
NLEX Corporation on Friday said it stays dedicated to building infrastructure that improves travel and supports economic expansion across the regions, pointing to the Subic-Clark-Tarlac Expressway (SCTEX) as a key driver of business growth in Central Luzon.
Globe has introduced a first-of-its-kind telecommunications rewards initiative called Globe Circle, made for customers who use the company for both mobile and home connectivity.
Listed PhilWeb Corp. is expanding deeper into the country's regulated online gaming market after securing the exclusive rights to distribute content from Games Global, a move that broadens its technology-driven services business and opens a new recurring revenue stream.
The Bangko Sentral ng Pilipinas (BSP) is calling on all banks and other institutions under its watch to step up their cybersecurity protections, as rapid developments in artificial intelligence give cybercriminals more powerful ways to carry out attacks.