As part of their parent conglomerate’s goals of having net zero greenhouse gas emissions, AC Energy (ACEN) has signed a power supply agreement (PSA) with sister firm Ayala Land to provide it with renewable energy (RE) until 2050.

AC Energy Corp. and its partner AMI Renewables Energy Joint Stock Co. will pilot a battery energy storage system in Vietnam.

Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term.

AC Energy Inc. registered an attributable capacity of 1.8 gigawatts (GW) from its power plants here and abroad as of end-2019 with the inclusion of more renewable energy (RE) facilities in its portfolio. In a statement on Monday, the firm reported attributable energy output climbed by 25 percent to 3,500 gigawatt hours (GWh) in the […]

November 2 (Renewables Now) – Philippines-based AC Energy Corp (PSE:ACEN) said today it has secured board approval to set up a joint venture (JV) with compatriot CleanTech Global Renewables Inc to work on a 200-MW SC solar project in the Philippines’ Cagayan province.

AC Energy Philippines (Acen) takes a step further along its overhaul as the Ayala group’s domestic and international power generation platform following confirmation by regulators that the planned stock rights offering (SRO) that would raise up to P5.4 billion need not be registered.

Acciona Energia has reached a strategic agreement with south-east Asian wind developer The Blue Circle to become the main shareholder in the regional renewables player.  

Globally, more and more countries continue to increase their focus on developing renewable energy sources, both due to the increasing pressure from various stakeholders, as well as the acknowledgement of the clear and present danger posed by climate change. Because of this, environmental, social, and governance (ESG) reporting has become a top priority for most […]

The latest Intergovernmental Panel on Climate Change report, Global Warming of 1.5 ºC, notes the importance of mobilizing green finance for limiting global warming to 1.5 degrees Celsius and preventing catastrophic climate change. In line with this, some countries have been implementing policies to support green bonds. Green bonds are debt securities whose proceeds are used […]

Activists in Indonesia have called on three South Korean financial institutions to withdraw their funding for new coal-fired power plants to be built in Java. The plants will be part of a complex that is already the biggest polluter in Southeast Asia, whose proximity to the metropolis of Jakarta could put the health of 30 […]