Net Income increased 22% to ₱4.3 billion Revenues grew 24% to ₱18.9 billion EBITDA rose 13% to ₱9.4 billion Attributable output up 17% to 3,378 GWh 04 November 2021 – AC Energy Corporation (the Company, PSE: ACEN) disclosed today that its consolidated net income attributable to parent increased by a significant 22% to ₱4.3 billion…
November 4, 2021, Glasgow — Today, at the UN Climate Change Conference (COP26), RMI, Climate Smart Ventures, the Carbon Trust and the International Network of Energy Transition Think Tanks (INETT) announced the Coal Asset Transition Accelerator (CATA), a first-of-its-kind platform that will use finance to accelerate the coal transition globally. CATA comes at a crucial moment….
ACEN begins construction of the 283 MW solar farm in Zambales Accelerating its renewables growth in the country to 1100 MW of installed capacity in operation and under construction Another significant milestone towards ACEN’s commitment to Net Zero by 2050 2 November 2021 – AC Energy (PSE: ACEN) continues to expand its renewables capacity in…
29 October 2021 – Announced at the Ayala Sustainability Summit last week was the climate initiative collaboration between Ayala’s energy and real estate businesses, a significant milestone toward the group’s collective Net Zero ambition by 2050. AC Energy (PSE: ACEN) and Ayala Land have signed a power supply agreement for ACEN’s 120 MW solar plant…
Oct 25, 2021 – Together with the Ayala group, ACEN is committing to achieve net zero greenhouse gas emissions by 2050, as announced by its Chairman Fernando Zobel de Ayala during the group’s Integrated Corporate Governance, Risk Management, and Sustainability Summit held Thursday, Oct 21, 2021.
Series of acquisitions to increase ACEN’s renewables attributable capacity by ~50 MW, and add ~1,300 MW of renewables pipeline in the Philippines ACEN to increase ownership in three wind farms: – 81 MW North Luzon Renewables, Ilocos Norte from 67% to 78% – 160 MW Pagudpud Wind, Ilocos Norte from 85% to 100% – 52…
The acquisition transforms the UPC\AC Renewables Australia joint venture into ACEN’s first wholly owned development and operating platform outside of the Philippines. The transaction includes the 520 MWp New England Solar Farm, currently under construction. The platform has over 8,000 MW of renewables pipeline across solar, wind, pump hydro, and energy storage technologies in Australia….
The acquisition transforms the UPC\AC Renewables Australia joint venture into ACEN’s first wholly owned development and operating platform outside of the Philippines. The transaction includes the 520 MWp New England Solar Farm, currently under construction. The platform has over 8,000 MW of renewables pipeline across solar, wind, pump hydro, and energy storage technologies in Australia….
The ACEN and AMI joint venture has been awarded a US$2,962,000 grant by the U.S. Consulate General, Ho Chi Minh City The 15 MWh/7.5 MW Khanh Hoa Energy Storage project will be integrated into the JV’s operating 50 MW solar farm Aims to maximize the efficiency and reliability of renewable energy towards helping Vietnam achieve…
• 150 MW Ingrid Power Plant in Rizal will provide a much-needed boost in energy capacity and ancillary service to help the Luzon grid amidst the Malampaya shutdown • The ₱1.9 billion quick response power plant is the third project in the country to be switched on by ACEN for the year • Thermal firming…
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