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.
AirAsia Philippines has launched its 10.10 promotional sale with one-way base fares starting at just P160 for both domestic and international flights, covering travel dates up to August 31, 2027.
The Department of Agriculture is seeking an additional P300 million to kickstart expansion of the country’s ube industry, a move designed to at least double local output and meet fast-rising global demand for the popular purple tuber.
The Bureau of Internal Revenue (BIR) has rolled out its Taxpayer Portal to large taxpayers in the regions, expanding digital tax services beyond Metro Manila and giving businesses easier access to government transactions.