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.
Scam victims may be entitled to reimbursement if banks or other financial institutions fail to meet their obligations under the Anti-Financial Account Scamming Act (AFASA), according to Scam Watch Pilipinas, which urged the financial sector to strengthen its readiness as the law takes effect.
The Philippine Economic Zone Authority (PEZA) kept its investment momentum in 2026, with approved projects surging nearly 67 percent in the first seven months as export-oriented manufacturers and high-value industries continued to expand despite an uncertain global economy.
European Union High Representative for Foreign Affairs and Security Policy and European Commission Vice President Kaja Kallas on Friday met with Philippine Secretary for Foreign Affairs Ma. Theresa P. Lazaro in Metro Manila.
The Philippine Coconut Authority is moving quickly to secure extra funds to keep its goal of planting 100 million coconuts by 2028 on track. This forms the core of the Accelerated Coconut Farmers and Industry Development Plan, the government’s main strategy to rebuild one of the country’s most important agricultural sectors and boost earnings for millions of coconut farming households.