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We continue to accelerate our renewables expansion across the region
ACEN (PSE:ACEN) is the listed energy platform of the Ayala Group. The company has
~4,500 MW of attributable capacity from owned facilities in the Philippines, Australia, Vietnam, Indonesia and India, with a renewable share of 98%, which is among the highest in the region.
| * | Owned assets as of 22 Aug 2023 ; Shows DC capacities for solar projects. |
| 1 | Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership. Does not include leased units. |
| 2 | Includes 44 MW expansion under construction |
| 3 | 63 MW Palauig 1 Solar already operating |
| 1 | Owned assets as of 22 Aug 2023; Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership. |
| 2 | Comprises of Mainland China, Hong Kong, Malaysia, Thailand, Taiwan. NEFIN capacity as of 31 March 2023. |
| 3 | Includes rooftop solar |
| 4 | Phases 2, 3, and 4 of the Solar NT acquisition are subject to completion of conditions precedent targeted to close within the year. |
We remain steadfast in our goal to turbocharge our renewables growth across the region in parallel to our Net Zero aspiration.
The Philippines remains to be ACEN’s core market, accounting for 40 percent of our generation portfolio – a testament to the company’s commitment to developing clean power in the country while contributing to nation-building.
Through strategic partnerships, joint ventures and acquisitions, we are making significant strides to strengthen our international assets and help our key markets overseas achieve a low-carbon future, cementing our position as a leading renewables player in the Asia Pacific.
Our rapid expansion entails adoption of emerging technologies to improve the efficiency, reliability and economics of renewable energy. While solar and wind will remain our core energy technologies, we plan to complement these by investments in new technologies such as battery energy storage, floating solar and offshore wind.
Laser-focused on our 2030 goal of reaching 20 GW of renewables, we continue to look for opportunities to partner with key industry players and global developers to unlock new milestones and scale up our presence in other markets overseas.
As we set the timeline for our renewables agenda, we also ensure that the health and safety of our employees are strongly embedded in our business operations. By establishing strict health and safety protocols across our plants, we commit to the well-being of our workers to efficiently execute the energy transition.
As a licensed retail electricity supplier, ACEN’s energy solutions experts work with businesses to enable a seamless transition to renewable energy
Customers with a monthly power demand of at least 100 kW for the past 12 months who want to jumpstart their sustainability journey can now switch to their preferred renewable energy supplier through the Green Energy Option Program (GEOP).
Customers with a monthly power demand of at least 500 kW for the past 12 months can now switch to their preferred retail electricity supplier through the Retail Competition and Open Access (RCOA).
Stage 1 of ACEN Australia’s New England Solar project was officially opened last March 16, by the Hon. Chris Bowen MP, Federal Minister for Climate Change, marking a milestone in the project’s six-year journey to generate clean renewable energy into the National Electricity Market
60 MW Pangasinan Solar will supply approximately 94 GWh of renewable energy per year, enough to power an estimated 55,000 households annually.
ACEN boosts its renewable energy portfolio with the start of construction of the 300 MW Palauig 2 Solar farm located in Zambales.
ACEN, through its subsidiary, ACEN Renewables International, completed its previously announced acquisition of the Australia development platform.
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
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