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 Philippine hotel industry is poised to expand its investment pipeline beyond 40,000 rooms over the next five years, underscoring developers’ longer-term confidence in tourism despite mounting geopolitical and travel-cost risks.
The government is weighing a longer extension of zero tariffs on electric vehicles but wants to recalibrate incentives so stronger EV demand eventually translates into local assembly, manufacturing investment, and a wider charging network.
The Philippine Economic Zone Authority (PEZA) is poised to exceed its investment registration target this year, with a roughly P200-billion pipeline of major projects potentially pushing approvals past its previous record.
Rizal Commercial Banking Corp. (RCBC) won two honors at the 2026 Philippine Quill Awards for communication campaigns aimed at widening access to formal financial services and bringing digital banking closer to underserved Filipinos.