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 net income drops 78% to $30.6m in 9M
ACEN net income drops 78% to $30.6m in 9M
The decline was driven by a $46m impairment on two Vietnam wind projects.
CIP commits $3b on Philippine offshore wind development
It has partnered with ACEN for this investment.
ACEN’s Stubbo Solar project reaches full commercial operations
The project is backed by a Long-Term Energy Service Agreement.
ACEN completes sale of interests in three diesel power plants
This will help the company reach its goal of 100% clean power generation.
ACEN unit inks $100m loan for renewable energy projects
This will focus on projects outside of Manila.
ACEN logs over 2,100 MW of attributable renewables in India
This includes two major deals in the country.
ACEN and UPC begin construction of 540 MW of renewables in India
These will be completed by 2027.
ACEN divests nearly 200 MW of diesel plants
This is part of the efforts to transition fully to renewable energy.
ACEN bags IPC approval for Valley of the Winds project
The project will have 131 turbines, supported by a battery storage facility.
ACEN expands presence in northern PH with 133 MW solar project
This could energise 45,000 homes.
ACEN taps CIP for 1 GW offshore wind project in PH
The investment firm acquired a minority stake in the project.
ACEN completes turbine installation at 600 MW Lao wind project
Nearly 300,000 homes will benefit from the wind facility.
NSW grants Central-West Orana REZ access rights to 10 RE projects
These can power over 2.5 million homes.
ACEN taps more partners for energy shift of PH’s 246 MW coal-fired plant
Transition credits will be used for the initiative.
ACEN bags Central-West Orana REZ access rights for three clean energy projects
The projects include a solar and battery energy storage facility.
ACEN Australia secured $474.68m financing for its renewables portfolio
The transaction was supported by 11 lenders.
ACEN’s net income up 27% in 2024
Thanks to new renewable plants operationalised last year.
Thought Leadership Centre
Most Read
1. Global power grid investment reaches US$359b in 2024: report 2. PLN expands gas, LNG network to support rising renewables 3. Companies told to drop manual systems as 2030 renewable deadline nears 4. Clean energy outpaced fossil fuel investments in 2024, IRENA says 5. India’s installed power capacity hits 5.05 Lakh MWResource Center
Read Here
Advertise
Sign Up
Event News
The Shuaiba and Al Jubail initiatives set new benchmarks in water sector by record low energy consumption, and emissions reduction by using renewable energy to power large-scale desalination.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants