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We continue to accelerate our renewables expansion across the region
We have made significant progress with the continued ramp-up of our projects,
helping provide much needed supply to the Philippines and across the region as we
effectively reach our 5 GW target ahead of schedule.
| 1 | Refers to gross capacity of owned assets, multiplied by ACEN’s effective economic ownership. As of 30 June 2024; Does not include leased units and 68MW of diesel plants fully owned by ACEN. |
| 2 | Includes 44 MW expansion under commissioning |
| 1 | Refers to gross capacity of owned assets, multiplied by ACEN's economic ownership. As of 30 June 2024; shows DC capacities for solar projects. |
| 2 | NEFIN capacity as of 31 December 2023. |
| 3 | Phases 2, 3, and 4 of Solar NT acquisition are subject to completion of conditions precedent. |
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).
ACEN, through its wholly owned subsidiary, ACEN Australia, and SmartestEnergy have signed a Power Purchase Agreement (PPA) to offtake renewable electricity generated from Stage 1 of ACEN Australia’s New England Solar project in NSW.
ACEN, the leading renewable energy company in the Philippines, with an expanding presence across the Asia Pacific, announced today its second partnership with BrightNight, to advance the development, construction, and operation of BrightNight’s initial 1.0 GWac renewable power portfolio in the Philippines.
ACEN today announced a significant milestone with its energy trading platform, receiving full compliance certification from Intelligent Energy Systems (IES).
Through its Palauig Solar projects, ACEN demonstrated its unwavering support to education and community development after donating a total of ₱29 million to fund the construction of 14 classrooms in Rofulo M. Landa High School.
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Makati 1226 Philippines
Tel: +(632) 7-730-6300
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