Australia and Indonesia keep talking about a ‘green economy’ — but what does that look like?
Every day, the factory Mohamad Lutfi runs in East Java turns 50 tonnes of plastic waste into pallets.
Australia’s Ambitious $16 Billion Solar Project Will Be The World’s Biggest
The world’s most ambitious renewable energy project to date is the proposed Australia–ASEAN Power Link. This project would combine the world’s largest solar farm, the largest battery, and the longest undersea electricity cable. The 10 gigawatt (GW) solar farm would cover 30,000 acres in Australia’s sunny Northern Territory. That is about the equivalent of 9 million […]
Australian Governor-General’s Việt Nam visit: new impulse for bilateral ties
VIETNAM, April 3 – HÀ NỘI — The State visit to Việt Nam by Governor-General of Australia David Hurley from April 3-6 is expected to create new momentum for the bilateral ties, according to a scholar from the University of Queensland in Australia.
Ayala energy firm inks deal to buy out foreign partners
The energy investment arm of the Ayala group has sealed agreements to buy out the shareholdings of foreign partners in its coal-fired power facility in Batangas; and its wind farm power venture in Ilocos Norte. In a disclosure to the Philippine Stock Exchange (PSE), AC Energy, Inc. indicated that it will be exercising its “right […]
Ayala energy firm investing P250M in subsidiary via shares subscription
Ayala-owned AC Energy Philippines Inc. (ACEN) will be investing P250 million in its subsidiary firm Buendia Christiana Holdings Corporation (BCHC) via shares subscription arrangement.
Ayala in search for deep-pocketed partner for oil/gas exploration
Ayala-owned upstream petroleum firm ACE Enexor Inc. has kicked off its search for a deep-pocketed and technically experienced partner for its planned oil and gas exploration venture at an offshore block in Northwest Palawan.
Ayala power arm bares plan to purchase 20% stake in South Luzon Thermal Energy
AC Energy Philippines Inc. (ACEPH), formerly Phinma Energy Corp., is moving to beef up its portfolio with a plan to purchase Axia Power Holdings Philippines Inc.’s 20-percent stake in South Luzon Thermal Energy Corp. (SLTEC). AC Energy Inc., the parent firm of ACEPH, told the Philippine Stock Exchange that a deed of assignment was signed Tuesday, […]
Ayala to invest $1 B for energy projects
The energy investment platform of the Ayala Group will be investing $1 billion next year across five power markets that will include the Philippines, Vietnam, Australia, India and Myanmar.
Ayala unit concedes in takeover war, takes 19,9% stake in Australia’s Infigen
UAC Energy Holdings, a company controlled by Philippine conglomerate Ayala Corp, has settled for a 19,9 per cent stake in Australian renewables firm Infigen Energy, conceding the bidding war to rival Iberdrola of Spain. In a disclosure to the Phillippine Stock Exchange, UAC Energy said its investment phase in Infigen was brought to a close […]
Ayala unit set to co-own Batangas Clean Energy
ACE Enexor, Inc. (ACEX) and Gen X Energy L.P. is set to acquire 50% each of shares in Batangas Clean Energy, Inc. (BCE), subject to clearance from the Securities and Exchange Commission.