6 months Ayala power unit eyes more RE projects overseas MB |Biz
By Madelaine B. Miraflor NINH THUAN, Vietnam — AC Energy, the power unit of Philippines-based conglomerate Ayala Corporation, is now more focused on its overseas expansion following the commissioning of its biggest renewable energy (RE) venture here, which also happens to be the biggest solar farm in Southeast Asia. Over the weekend, AC Energy has commissioned its maiden project here, a 330-MW solar farm co-developed with Vietnam’s BIM Group. The commissioning of the solar farm is seen as a milestone in the AC Energy’s regional expansion where it aims to reach its target of 5 gigawatts (GW) of energy ... more