In Short : ACEN and Marubeni are set to develop a 400 MWh battery project in New South Wales, Australia, furthering the region’s energy storage capabilities and advancing renewable energy integration. In Detail : ACEN Australia announced the company had signed an agreement with Marubeni Asian Power (Singapore) to jointly develop a 200 MW/ 400 […]
ADB, ACEN Sign Php5.5 Billion Sustainability-Linked Loan to Support Solar Energy Generation in the Philippines – EQ
In Short : ADB and AC Energy have signed a Php5.5 billion sustainability-linked loan to support solar energy generation in the Philippines. This financial collaboration underscores their commitment to advancing renewable energy projects with a focus on environmental sustainability and development goals. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) and ACEN […]
ACEN bags 1.1 GW of solar awards in Aussie tender – EQ Mag
ACEN Corporation (PSE:ACEN), the energy platform of Philippine conglomerate Ayala Group, today confirmed solar project awards totalling 1,120 MW in a renewable energy tender in New South Wales. The company’s Australian unit has secured two long-term energy service agreements (LTESAs) for 20 years as part of the inaugural auction under New South Wales’ roadmap to […]
BrightNight and ACEN Ink Partnership for India Renewables Buildout – EQ Mag
Aims to Deploy USD 250 Million Equity Plus Related Performance Guarantees Strengthens BrightNight’s Development of Multi-GW Hybrid Renewables Portfolio in India’s Fast-growing Market West Palm Beach, U.S. &Gurugram, India : BrightNight, the next generation and global renewable power producer built to deliver clean and dispatchable solutions, today announced that it has formeda partnership with ACEN […]
New South Wales supports battery energy storage development of ACEN Australia’s New England Solar Farm – EQ Mag Pro
Work has begun on what is proposed to become a 400MWh big battery energy storage system that is being built alongside what will be – for a time at least – the biggest solar PV project in Australia, the 720MW New England solar farm in Uralla. Project developer ACEN Australia said in a press release […]
ACEN switches on 40MW hybrid energy storage project in Laguna – EQ Mag Pro
Ayala-led energy firm ACEN Corporation has switched on its 40-megawatt Alaminos hybrid energy storage facility in Laguna, positioned as a support technology for its solar-generated power capacity that will be delivered to off-takers. The facility is touted as the first hybrid solar and energy storage venture to have reached completion and commercial operations in the […]
Acen beefs up renewable energy bid with $1-B funding pool – EQ Mag Pro
With a fresh $400 million raised earlier through an Asean green bond issue, AC Energy Corp. (Acen) has already brought its renewable energy kitty to almost $1 billion for 2021 alone. “The success of this fixed-for-life offering highlights the international investor community’s continuing confidence in Acen and in our strategic objectives,” company president and chief […]
ACEN makes headway in Luzon solar projects
MANILA, Philippines : AC Energy Corp. (ACEN) is making headway in its solar projects in Luzon as it completed the first of its five solar farms in the pipeline. In a disclosure to the Philippine Stock Exchange yesterday, ACEN said it started operating its 63-megawatt (MW) GigaSol Palauig solar farm in Zambales, generating power for […]
ACEN focusing on solar, wind, BESS in 2021
AC Energy (ACEN) is looking to develop solar, wind and battery energy storage systems (BESS) projects this year to increase its renewable energy (RE) portfolio. At the company’s annual stockholders meeting on Monday, ACEN President and CEO Eric Francia said the Ayalas’ power arm prepared to invest heavily in RE, led by solar and wind, […]
AC Energy sets sights on solar, wind projects
MANILA, Philippines : AC Energy Corp. (ACEN) is setting its sights on solar and wind projects, coupled with battery storage, to scale up its renewable energy (RE) portfolio. During the company’s annual stockholders’ meeting yesterday, ACEN president and CEO Eric Francia said the company is prepared to invest heavily in renewables led by solar and […]