ACEN Shifts RE Strategy, Reshuffles Philippine Leadership
Business

ACEN Shifts RE Strategy, Reshuffles Philippine Leadership

ACEN Corp. has relinquished nearly five gigawatts of renewable energy contracts in the Philippines to focus on project execution, appointing Roman Miguel de Jesus as the new head of its Philippine operations.

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  • ACEN Relinquishes 5GW Renewable Contracts Amid PH Gov't Project Review

    ACEN Corp. has voluntarily relinquished 12 wind and solar service contracts in Luzon, representing nearly 5GW of potential capacity, as the Philippine government reviews its renewable energy projects. The company cited project delays as the reason, highlighting shifts in the nation's energy policy.

  • Indonesia Sovereign Fund Backs Philippine RE Projects

    Indonesia's sovereign wealth fund, the Indonesia Investment Authority (INA), has invested in a 2.8-gigawatt portfolio of solar and wind power projects by Singapore-based Vena Global Group in the Philippines and Indonesia, aiming to accelerate the country's energy transition and economic development.