Power Shift: A conservation with ACEN CEO Eric Francia
ACEN CEO sits down with Bilyonaryo News Channel‘s Myrna Velasco and Atty. Ivan Mark Galura for a conversation on leadership, innovation, and the future of clean energy. Watch the full interview.
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ACEN completes transition to 100% renewable energy
December 29, 2025, Manila, Philippines — ACEN has reached a defining milestone in its transformation journey, having achieved 100% renewable energy generation across its portfolio earlier this year. The milestone underscores a strategic shift that began nearly a decade ago. In 2016, ACEN reached 1,000 megawatts of installed capacity, with the portfolio largely anchored on…
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Full Speech: ACEN CEO Eric Francia at the Climate Change Commission Solidarity Night 2025
As new technologies like AI surge across the globe, the Philippines faces a pivotal choice: expand the energy capacity regardless of source, or build a grid that’s clean, resilient, and future-ready. At the Climate Change Commission’s Solidarity Night, our CEO Eric Francia underscored a clear message: the country cannot meet new demand with yesterday’s energy…
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ACEN CEO highlights priority areas to accelerate Philippines’ renewables push at ANC Clean Energy Shift Forum
At the ANC Clean Energy Shift Forum, our CEO Eric Francia emphasized that the energy transition isn’t just an engineering challenge—it’s a complex interplay of financing, policy, and social realities. But within this complexity lies a generational opportunity to reshape the country’s energy future. Eric highlighted three priorities to accelerate the Philippines’ renewables push: expanding…
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ACEN’s H1 2025 net income at ₱763 million
05 August 2025 – ACEN’s consolidated net income for the first half of 2025 declined to ₱763.0 million, 88 percent lower year-on-year, largely due to a ₱2.7 billion impairment relating to the Lac Hoa and Hoa Dong wind farms in Vietnam. Excluding this one-off booking and the ₱1.35 billion valuation gain in 2024, net income…
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ACEN and UPC Renewables break ground on over 500 MW of new renewable energy projects in India
25 June 2025 – ACEN, in partnership with UPC Renewables, has commenced construction of two major renewable energy projects in India: a 420 MW solar farm in Rajasthan and a 120 MW wind farm in Karnataka. These new developments mark a significant step forward in ACEN and UPC’s strategic expansion into one of the world’s fastest-growing clean energy markets. Slated for completion by early…
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Rockefeller Foundation Announces Latest Steps to Accelerate Community-Focused Energy Transition Projects
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,…
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Mitsubishi and DGA Join ACEN, GenZero, and Keppel to Drive Energy Transition with Transition Credits
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…
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Landmark carbon methodology launched at Ecosperity to accelerate shift from coal to clean energy
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…
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Verra launches world’s first transition credits methodology
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…
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