ACEN’s newest landmark sustainability program has produced more than 1,700 kilos of crops since it was established early 2022 This program combines solar power and agriculture to improve local food security while generating renewable energy By partnering with local farmers, ACEN’s agrivoltaics program helps champion the communities as its main stakeholders 8 February 2023 –…
01 February 2023 – ACEN, through its subsidiary, ACEN Renewables International (ACRI), today completed its previously announced acquisition of the Australia development platform. ACRI and UPC Renewables Asia Pacific Holdings (UPCAPH) signed an Instrument of Transfer for the transfer to ACRI of UPCAPH’s remaining 4,766 ordinary shares in UPC-AC Energy Australia (HK) Limited, which completes…
Renewables ramp up in the Philippines for ACEN continues as another solar development is underway, with completion expected by 2024
Construction is underway for another large-scale solar plant of ACEN in Palauig, Zambales With one of the highest irradiance zones in the Philippines, ACEN aims to harness Zambales’ growth potential for clean energy ACEN aims to support the country’s target of reaching 35% renewable energy share in the power generation mix by 2030 24 January 2023 –…
21 January 2023 – ACEN, the listed energy platform of the Ayala group, received the prestigious Three Golden Arrow Award from the Institute of Corporate Directors during the 2022 Golden Arrow Awards Night held recently at Sheraton Manila Hotel in Pasay City. The Golden Arrow Award, a testament to ACEN’s solid governance framework, is given…
12-hour duration renewable energy storage project proposed within NSW’s Central-West Orana Renewable Energy Zone If found viable and constructed, the pumped hydro energy storage project will complement renewable energy projects, providing energy when the sun isn’t shining and when the wind isn’t blowing Calling for community and stakeholder inputs in the new year to help…
Financing package will support the two companies’ first wind project and second joint venture in Vietnam, the 88 MW Ninh Thuan Wind development An addition to ACEN’s portfolio of operating wind projects in Vietnam with an aggregate capacity of 420 MW ACEN’s strong relationship with lenders proved significant in its renewables scale up across the…
Engineering, Procurement and Construction (EPC) contract for the 520 MWdc (400 MWac) Stubbo Solar project awarded to PCL Construction, with Notice to Proceed already having been issued Construction of the site access has recently commenced, with construction of main project works expected to start in 2023 Stubbo Solar is expected to create up to 400…
ACEN secures AU$~600 million debt financing for the development of existing and additional pipeline of renewable energy projects in Australia A leader in sustainable finance, the latest fundraising initiative underlines the strength of ACEN’s banking relationships in the region ACEN is at the forefront of decarbonization efforts in the Asia Pacific as it works toward…
December 2022 – In 2021, ACEN announced its commitment to achieve Net Zero greenhouse gas emissions by 2050. This involves the transition of the company’s generation portfolio to 100% renewable energy by 2025, and the early retirement of the remaining coal plant that forms part of its retail electricity initiatives by 2040.
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