Ayala-led ACEN Corporation, in partnership with US-based renewable energy firm BrightNight, announced the commissioning of the first phase of its Optima Maharashtra hybrid project in India. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 17, ACEN stated that the 153-megawatt...
As the year nears its close, Ayala-led ACEN Corporation anticipates a strong performance in 2024, driven by increased energy capacity and new projects. In a briefing, Eric Francia, ACEN president and chief executive officer expressed optimism for the year's overall performance, citing "more...
Ayala-led ACEN Corporation has set a target of adding 1.2 gigawatts (GW) of operational capacity by 2025. In a briefing on Monday, Dec. 16, Eric Francia, ACEN president and chief executive officer, stated that the company is on track with its pipeline projects, which are set to come online next...
ACEN Renewables International Pte. Ltd. (ACRI) announced that its joint venture company has acquired a substantial stake in a solar project in Bangladesh. In a disclosure to the Philippine Stock Exchange on Thursday, Dec. 12th, the firm said that IBV ACEN Renewables Asia Pte. Ltd. confirmed the...
ACEN Corporation's retail electricity unit has partnered with low-cost carrier Cebu Pacific to integrate renewable energy (RE) into its key facilities. In a disclosure to the Philippine Stock Exchange on Friday, December 6, the firm said that ACEN Renewable Energy Solutions (ACEN RES) has begun 100...
Ayala-led renewable energy platform ACEN Corp. announced it will acquire Vietnamese firm BIM Energy Holdings (BIMEH) to help the neighboring country achieve its renewable energy goal. In a disclosure to the Philippine Stock Exchange on Wednesday, November 27th, ACEN said that its affiliate, ACEN...
In a hopeful projection for 2030, the International Energy Agency predicts global renewable electricity generation will increase by 90 percent from 2023. Britain's last coal-fired power plant has also shut down, concluding 142 years of coal reliance that sparked the fossil-fuel-hungry Industrial...
Ayala-led renewable energy platform ACEN Corp. reported an increase in net income for the first nine months of 2024, driven by the launch of new power plants. In a disclosure to the Philippine Stock Exchange on Thursday, November 7th, ACEN announced a 24 percent year-over-year increase in...
As part of its ongoing commitment to sustainability, ACEN, through ACEN Shared Services (ACES), has taken a significant step toward responsible electronic waste (e-waste) management by turning over its e-waste to Integrated Waste Management (IWM), a subsidiary of AC Logistics. A first in the Ayala...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
ACEN Senior Associate for Corporate Communications Nick Villavecer, ACEN SVP and Head of Corporate Communications and Sustainability Irene Maranan, Manila Bulletin Business Development Manager Jordan Tan, and MB Sustainability Forum 2024 Project Lead Philip Cu-Unjieng. ACEN, the listed energy...
ACEN President & CEO, Eric Francia, at the Recharge Partners Gala event. The retail electricity unit of the Ayala Group, ACEN Renewable Energy Solutions (ACEN RES), has again won gold at the prestigious Stevie International Business Awards. The company’s innovative marketing campaign,...
