ACEN net income surges

ACEN net income surges close to 2x to Php4.2 billion in the first half of 2023

ACEN (PSE: ACEN), the energy platform of the Ayala group, today reports that its consolidated revenues for the first half of 2023 rose 28% to Php20.5 billion. This was driven by the boost in net generation due to the stronger wind regime throughout the period and higher operating capacity with testing and commissioning of new…

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ACEN and Yindjibarndi people forge historic partnership for renewable energy development in West Australia

ACEN partners with the Yindjibarndi Aboriginal Corporation to develop and operate large-scale renewable energy projects in Australia’s Pilbara region The partnership will develop, own, and operate renewable energy projects of up to 3 GW capacity The collaboration marks one of Australia’s largest Indigenous-led renewable energy initiatives, with a focus on sustainable development and economic opportunities…

ACEN x Super closing
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ACEN completes the first phase of the acquisition of Super Energy’s Vietnam solar platform

ACEN CORPORATION (“ACEN”), through its subsidiary, ACEN Vietnam Investments Pte. Ltd., moves forward on signing the Shareholders’ Agreement and other definitive agreements for the closing of the acquisition of Super Energy Corporation Public Company Limited’s (“SUPER“) solar power business in Vietnam. This strategic partnership follows the share purchase agreement signed by the two companies in…

HumanisingEnergy

New film series: “Humanising Energy” showcases the incredible people behind the innovations that are making energy transitions happen around the world

15 June, 2023 – Today, a series of short branded films presented by the World Energy Council showcasing innovation from organisations across the energy ecosystem launches on a BBC.com microsite, with more films joining later this year. The series, which follows a highly successful first set of 24 films, spotlights the organisations and communities embracing…

ACEN Australia 520 MW New England solar farm 3

New England Solar battery storage increased to bring on-demand, greener energy for NSW

Additional battery energy storage at New England Solar approved by the NSW Government, helping put downward pressure on electricity bills as the country transitions to a clean energy future The approval now means planning for Stage 2 of New England Solar is a step closer to construction This is on the heels of ACEN Australia…

Khanh Hoa BESS
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ACEN and AMI Renewables move ahead in the development of Vietnam’s first grid-connected battery energy storage system

The joint venture is collaborating with Honeywell to integrate Vietnam’s first grid-connected battery energy storage system (BESS) project in the 50 MWp Khanh Hoa Solar plant The project aims to demonstrate the commercial viability, reliability and efficiency of battery energy storage in Vietnam Co-funded by U.S. Mission Vietnam, the pilot project will help Vietnam meet…

2023 Q1 income

ACEN net income soars 5x to Php2.0 billion in the first quarter of 2023

May 4, 2023 – ACEN (PSE: ACEN), the listed energy platform of the Ayala group, today reports that its consolidated revenues for the first quarter of 2023 rose 23% to PHP9.1 billion as a result of higher net generation due to better wind resources, as well as the start of commissioning of new power plants…

ACEN AU bags 2 deals

ACEN Australia secures two long-term energy service agreements for its solar projects in NSW Government’s first renewable energy and storage auction

ACEN Australia has secured 20-year Long Term Energy Service Agreements (LTESAs) for two of its solar projects as part of the NSW Government’s first renewable energy and storage auction The LTESAs will help encourage investment in the renewables and storage capacity necessary to accelerate the transition to clean, reliable and more importantly, affordable power for…

ACEN Chairman Delfin Lazaro Annual Stockholders Meeting Message

2023 ACEN Annual Stockholders’ Meeting Message from the Chairman

DELFIN LAZARO CHAIRMAN’S MESSAGE ACEN CORPORATION | 2023 ANNUAL STOCKHOLDERS’ MEETING April 24, 2023  Fellow shareholders, the ACEN Team, friends, good morning. I am privileged to have been elected into ACEN’s Board and as Chairman in September of last year. I thank the Board for entrusting me with this role of continuing ACEN’s transformation that…

IMGL4778

2023 ACEN Annual Stockholders’ Meeting Message from the President & CEO

ERIC FRANCIA PRESIDENT’S REPORT ACEN CORPORATION | 2023 ANNUAL STOCKHOLDERS’ MEETING April 24, 2023  Fellow shareholders and my colleagues on the Board and management, good morning to all of you. We welcomed 2022 with renewed optimism as the world was reopening. We saw the opportunity to prime ourselves for a post-pandemic economic recovery. We ramped…

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