AC Energy and partners invest $445M in Vietnam wind farms
AYALA-LED AC Energy Corp. and its partners are pouring in $445 million for the joint development of five wind farms in Vietnam as the publicly listed energy platform recognizes the country as ideal for sustainable investments.
AC Energy and UPC Renewables start building wind farm in Philippines
Philippines-based energy company AC Energy and its partner, UPC Renewables, have started construction works on the Balaoi and Caunayan wind farm. Built with a PHP11.4bn ($238m) investment, the 160MW wind farm is located in Pagudpud in the Philippines’ Ilocos Norte region.
AC Energy announces 75-MW solar duo in Philippines
August 20 (Renewables Now) – AC Energy Philippines (PSE:ACEN) has announced it developing two new solar projects at home for a total of 150 MW of capacity. The energy platform, part of Philippine business group Ayala Corp (PSE:AC), intends to spread PHP 6.2 billion (USD 127.3m/EUR 107.6m) to build two 75-MW plants in the region of […]
AC Energy approves financing for P10 billion renewable projects
MANILA, Philippines — AC Energy Philippines Inc. has cleared financing for its solar and wind projects worth P10 billion, slated for construction early next year.
AC Energy breaks ground on 283-MW solar park in the Philippines
November 8 (Renewables Now) – AC Energy Corp (PSE:ACEN), part of Philippines-based conglomerate Ayala Corp (PSE:AC), has started building what will be the largest solar park in its home country, a 283-MW complex in Zambales province.
AC Energy buys Solar Philippines subsidiary as part of JV plan
January 25 (Renewables Now) – AC Energy Philippines (PSE:ACEN) has acquired a 97.6% stake in a subsidiary of solar and battery storage supplier Solar Philippines Power Project Holdings Inc, namely Solar Philippines Central Luzon Corp (SPCLC).
AC Energy completes Vietnam solar project
MANILA, Philippines — AC Energy Inc., the energy platform of Ayala Corp., has completed its second solar project worth $83 million in Vietnam in partnership with AMI Renewables Energy Joint Stock Co. The Ayala firm said the completed projects are composed of two solar plants with a combined capacity of 80 megawatts (MW) located in […]
AC Energy completes Vietnam solar project
MANILA, Philippines — AC Energy Inc., the energy platform of Ayala Corp., has completed its second solar project worth $83 million in Vietnam in partnership with AMI Renewables Energy Joint Stock Co. The Ayala firm said the completed projects are composed of two solar plants with a combined capacity of 80 megawatts (MW) located in […]
AC Energy expects to hit half of 5,000MW RE goal in 2021
AC Energy Philippines (ACEN) said it expects to achieve half of its 5,000megawatt (MW) target renewable energy (RE) capacity by next year.
AC Energy eyes 2,000-MW RE projects in Asean region
AC Energy Inc. and The Blue Circle Pte. Ltd. (TBC) are committed to jointly build renewable-energy projects with around 2,000 megawatts of capacity across Southeast Asia, including 700 MW of RE projects in Vietnam. Both recently signed a shareholders’ agreement to jointly construct, own and operate the Mui Ne Wind Farm located at the Binh […]