ACEN’s landmark Energy Transition Mechanism, the first ETM deal in the world, allows the company to move closer toward its commitment to 100% renewables generation by 2025, with a goal of reaching 20 GW of renewables capacity by 2030.
"ACEN continues to blaze the trail for energy transition in the Asia Pacific. As the company has successfully divested its coal asset, ACEN commits to a just energy transition. We have established mechanisms to ensure that stakeholder interests, especially those of the people and communities of SLTEC, are effectively addressed."
- Eric Francia,
President and CEO
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*Owned assets as of 9 March 2023; Shows DC capacities for solar projects. |
**Refers to gross capacity from owned facilities, multiplied by ACEN’s effective economic ownership. Does not include leased units. |
*Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership. Does not include leased units |
*Includes rooftop solar; NEFIN capacity as of 31 Dec 2022. |
*As of 9 March 2023 |
Stage 1 of ACEN Australia’s New England Solar project was officially opened today by the Hon. Chris Bowen MP, Federal Minister for Climate Change It is one of Australia’s largest solar projects to be participating in the National Electricity Market, with Stage 1 requiring the installation of close to a million solar panels ACEN Australia...
Learn moreJoint venture company acquiring a total of 136 MW of wind assets from US-based GlidePath Power Solutions LLC Strong growth US platform leveraging the combined expertise of ACEN and its partners: Pivot Power Management and UPC Solar & Wind Investments Will generate approximately 360 GWh of wind energy per year, enough to power around 24,000 households and...
Learn moreACEN and BrightNight will develop, construct, and operate large-scale hybrid wind-solar and round-the-clock renewable power projects in India The partnership aims to deploy US$ 250 million equity plus related performance guarantees BrightNight brings its advanced India portfolio, experienced local team, and differentiated capabilities to develop and optimize large-scale, multi-technology hybrid renewable power plants The partnership...
Learn moreFull completion of the world’s first market-based Energy Transition Mechanism (ETM) transaction, which will enable the early retirement of the 246-MW SLTEC coal plant and its transition to cleaner technology
Learn moreOct 25, 2021 - Together with the Ayala group, ACEN is committing to achieve net zero greenhouse gas emissions by 2050, as announced by its Chairman Fernando Zobel de Ayala during the group's Integrated Corporate Governance, Risk Management, and Sustainability Summit held Thursday, Oct 21, 2021.
Learn moreACEN has issued its maiden peso ASEAN Fixed-Rate Green Bonds, now listed on the PDEx The ₱10.0-billion ASEAN Green Bond due 2027 has a fixed interest rate of 6.0526% per annum for a five-year tenor The Green Bonds were 8.6 times oversubscribed, reflecting strong participation from leading institutional investors Sustainalytics provided a second-party opinion; PhilRatings...
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