By Myrna Velasco | Manila Bulletin While other Filipino companies are still starry-eyed doodling project ideas or slow to take off from drawing boards, ACEN Corp is already way ahead, turning blueprints into concrete, thriving green gigawatts – and it’s not just within its shores; it’s taking the frontlines on the global stage of the clean…
8 May, 2025, SYDNEY – ACEN Australia, ACEN’s wholly-owned subsidiary, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for three of its major projects in New South Wales, marking a significant step in the strategic growth and diversification of the company’s Australian portfolio. ACEN Australia’s 920 MW Valley of the…
08 May 2025 – ACEN, the renewable energy arm of the Ayala group, recorded consolidated net income of ₱1.95 billion for the first quarter of 2025, 28 percent lower year-on-year. Attributable renewables output across ACEN’s portfolio grew 3 percent overall to 1,680 GWh, supported by generation from new plants operationalized in 2024, as well as…
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…
CEZAR CONSINGACEN CORPORATION | 2025 ANNUAL STOCKHOLDERS’ MEETING April 23, 2025 Dear fellow shareholders, The past year marked another significant step in our journey, as we continued to grow attributable renewable capacity and earnings. Growth momentum remained strong, resulting in the expansion of our operating and under-construction portfolio to 5.8 gigawatts. We have 1.2…
ERIC FRANCIAACEN CORPORATION | 2025 ANNUAL STOCKHOLDERS’ MEETING April 23, 2025 Dear fellow shareholders, ACEN continued its strong growth momentum in 2024. Net income grew 27 percent to ₱9.36 billion, while renewables output increased by 25 percent to 5,596 GWh driven by new operational capacities in the Philippines and Australia. Pagudpud Wind in Ilocos Norte,…
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