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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DICT Chief Henry Aguda stays focused on mandate amid resignation reports

Department of Information and Communications Technology (DICT) Secretary Henry Aguda reaffirmed his commitment to his post on Wednesday, saying that he remains focused on executing his official duties despite lingering reports about his supposed resignation.

GCash challenges young innovators to solve MSME needs

GCash is turning to young Filipino innovators for technology-driven ideas aimed at helping micro, small and medium enterprises (MSMEs) tackle financing and operational challenges as digital financial services expand their role in the small-business economy.

DTI mandates certification for nicotine pouches

The Department of Trade and Industry (DTI) has placed nicotine pouches under mandatory product certification, giving manufacturers and other industry players 12 months to meet new standards before uncertified products can no longer be sold in the Philippine market.

SMC unit redeploys capital via Meralco stake sale, shifts focus to renewables

San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.

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