ACEN Corp of the Ayala group has been advancing up to 20GW of RE developments until 2030
He added that their entire organization and its board “fully support this initiative,” noting further that “our climate ambition is well aligned with our vision to reach 20 GW of renewables by 2030.” Part of the scope 1 track of the company has been its massive investments in renewables; as well as its recent decision to retire its South Luzon Thermal Energy Corp. coal plant ahead of its full life cycle– and that was within the parameters of the energy transition mechanism , a funding apparatus that supports re-purposing or replacement of coal plants with clean energy technologies.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: