ACEN
ACEN, the listed energy platform of the Ayala Group, has over 3,800 MW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia. Its renewable share of capacity is at 87%, among the highest in the region.
See below for the Latest ACEN News, Analysis, Profit Results, Share Price Information, and Commentary.
ACEN and Barito Renewables partner to boost Indonesian wind energy
The partnership will be executed by their subsidiaries.
ACEN bags approval for 1.2-GW Birriwa Solar and Battery project
Electricity generation will start in 2029.
ACEN taps Singaporean firms to advance retirement of coal-fired plant in PH
Transition credits will be used to decommission the Ayala firm’s Batangas coal plant.
ACEN sets eyes on quadrupling renewables for cleaner energy by 2030
It is also seeing growth opportunities in other sectors such as energy storage.
ACEN’s net income jumps 49% to $107.1m in H1 2024
Improved selling in the wholesale electricity market boosted gains.
ACEN acquires 60% stake in 500-MW wind project developer
A $1.25m loan was also executed.
ACEN inks $32.78m loan for clean energy unit’s solar project
The facility is located in Zambales.
ACEN Australia submits scoping report for solar plus battery project in NSW
This will be assessed as a state significant development.
ACEN secures $150m green term loan to boost APAC expansion
This has a five-year term.
ACEN, YEC get environmental approval for 150 MW solar project in Pilbara
It is the first solar project assessed under WA’s Green Energy Approvals Initiative.
ACEN to invest $15b to quadruple capacity by 2030
It aims to expand its capacity to 20GW.
ACEN Corporation commits $148.4m to Giga Ace 8
It subscribed to more shares of Giga Ace 8 to fund its solar project.
ACEN’s net income surges 34% YoY in Q1
The company has reached its 2025 5 GW renewables capacity target during the period.
ACEN invests $522k to ENEX Corp
It subscribed to 30 million non-voting preferred shares.
ACEN bags $150m green loan
The fund will be used for its growth in other markets.
Barito Wind Energy acquires majority stake in PT UPC Sidrap Bayu Energi
It will hold a 99.99% stake in the company.
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Asian Power Awards 2024 Winner: Nepal Water and Energy Development Company (NWEDC)
![Asian Power Awards 2024 Winner: Nepal Water and Energy Development Company (NWEDC)]()
NWEDC's EPIC process has set new benchmarks for community engagement and sustainable energy development in Nepal, winning the Hydro Power Project of the Year - Silver category at the Asian Power Awards 2024.
Asian Power Awards 2024 Winner: Nepal Water and Energy Development Company (NWEDC)
NWEDC's EPIC process has set new benchmarks for community engagement and sustainable energy development in Nepal, winning the Hydro Power Project of the Year - Silver category at the Asian Power Awards 2024.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises