Additional battery energy storage at New England Solar approved by the NSW Government, helping put downward pressure on electricity bills as the country transitions to a clean energy future The approval now means planning for Stage 2 of New England Solar is a step closer to construction This is on the heels of ACEN Australia…
Ilocos Norte’s unparalleled wind resources offer immense potential for renewable energy, and we are at the forefront of harnessing it through landmark wind projects that help pave the way for a cleaner, more sustainable future.
“When the Ayalas started [investing] in renewable energy, they kept on going and they didn’t stop…We thank the Ayala group for their continuing support in the pursuit of renewable energy, not only in Ilocos Norte, but across the Philippines. The time will come – hopefully soon – that our energy mix will shift in favor…
The joint venture is collaborating with Honeywell to integrate Vietnam’s first grid-connected battery energy storage system (BESS) project in the 50 MWp Khanh Hoa Solar plant The project aims to demonstrate the commercial viability, reliability and efficiency of battery energy storage in Vietnam Co-funded by U.S. Mission Vietnam, the pilot project will help Vietnam meet…
May 4, 2023 – ACEN (PSE: ACEN), the listed energy platform of the Ayala group, today reports that its consolidated revenues for the first quarter of 2023 rose 23% to PHP9.1 billion as a result of higher net generation due to better wind resources, as well as the start of commissioning of new power plants…
ACEN Australia has secured 20-year Long Term Energy Service Agreements (LTESAs) for two of its solar projects as part of the NSW Government’s first renewable energy and storage auction The LTESAs will help encourage investment in the renewables and storage capacity necessary to accelerate the transition to clean, reliable and more importantly, affordable power for…
DELFIN LAZARO CHAIRMAN’S MESSAGE ACEN CORPORATION | 2023 ANNUAL STOCKHOLDERS’ MEETING April 24, 2023 Fellow shareholders, the ACEN Team, friends, good morning. I am privileged to have been elected into ACEN’s Board and as Chairman in September of last year. I thank the Board for entrusting me with this role of continuing ACEN’s transformation that…
ERIC FRANCIA PRESIDENT’S REPORT ACEN CORPORATION | 2023 ANNUAL STOCKHOLDERS’ MEETING April 24, 2023 Fellow shareholders and my colleagues on the Board and management, good morning to all of you. We welcomed 2022 with renewed optimism as the world was reopening. We saw the opportunity to prime ourselves for a post-pandemic economic recovery. We ramped…
Monsoon Wind will be the largest renewable energy platform for regional connectivity and decarbonization in Southeast Asia The first cross-border wind project, electricity generated will be sold to Vietnam Electricity (EVN) Monsoon Wind has close to $1 billion of project cost, ACEN to have ~24% economic stake 10 April 2023 – ACEN, the energy platform…
ACEN is the first energy company in Southeast Asia to announce its Net Zero roadmap that includes near-term scope 1, 2 and 3 greenhouse gas (GHG) emissions reduction targets, aligned with a 1.5°C pathway for the power sector.
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