Tag: renewable energy
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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.
Ayala Malls nears full renewable energy transition
Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.
FDC Green solar project cleared for operations
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.
Alternergy secures green share approval amid expansion push
Alternergy Holdings Corp., a listed renewable energy firm, has secured unanimous shareholder approval to raise fresh capital through a planned issuance of green perpetual preferred shares, positioning the company for its next phase of expansion as energy security concerns intensify.
Alsons revenues climb as power demand strengthens
Alsons Consolidated Resources (ACR) posted strong revenue growth last year, buoyed by rising electricity demand, expanded retail supply operations, and the contribution of a new power plant, even as earnings were weighed down by asset impairments.
