1 August 2025 – ACEN, the listed renewable energy platform of the Ayala group, continues to demonstrate ESG leadership, securing recognition from two of the world’s leading Environmental, Social and Governance (ESG) rating agencies: FTSE Russell and MSCI. These recognitions reflect ACEN’s ongoing commitment to embed sustainability at the heart of its strategy, anchored on environmental stewardship, social…
SINGAPORE | May 7, 2025 ― The Rockefeller Foundation announced its latest efforts to accelerate access to clean, affordable energy in vulnerable communities living near coal-fired power plants in developing countries, as part of its Coal to Clean Credit Initiative (CCCI). During Ecosperity Week in Singapore, the Foundation’s partner ACEN Corporation, announced a new collaboration with GenZero,…
7 May 2025 — Mitsubishi Corporation (Mitsubishi) and its subsidiary, Diamond Generating Asia, Limited (DGA), have joined ACEN, GenZero, and Keppel Ltd. (Keppel) in exploring a potential collaboration, through a pioneering effort that leverages the Transition Credits mechanism, for the early retirement and replacing the generation output of a 246 MW coal-fired power plant in…
Singapore, 6 May, 2025 – A major breakthrough in carbon markets and climate finance was unveiled today at the Ecosperity conference with the launch of the first-ever carbon crediting methodology designed to enable the early retirement of coal power plants and their replacement with renewable energy. The methodology was developed under the Coal to Clean Credit…
By Gabrielle See | Eco-Business Verra, the world’s largest carbon credits certifier, has finalised a methodology for generating a novel class of carbon credits from retiring coal plants early and replacing them with renewables, also known as transition credits. The new rules, which had undergone two rounds of public consultation since 2023, quantify the emissions reductions from early…
WASHINGTON May 6, 2025 — Verra has launched a cutting-edge methodology that enables the early retirement of coal-fired power plants and supports their replacement with new renewable energy. This paves the way for the clean generation of high-integrity transition credits, while ensuring that this transition is just, delivering social and economic support to affected workers and…
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