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Asia – Pacific

AC Energy buys stake in Solar Philippines

AC Energy, part of Philippines business group Ayala, has acquired a 97.6% stake in Solar Philippines Central Luzon (SPCLC) from Solar Philippines Power Project Holdings to form a joint venture to develop solar power projects in central Luzon, Philippines. AC Energy said that SPCLC and another of its subsidiaries, Santa Cruz Solar Energy Inc, would bid for electricity […]

ADB, Japan to Strengthen Cooperation on Clean Energy in ASEAN Region

MANILA, PHILIPPINES: The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy in Southeast Asia. Signed by ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono and METI Vice-Minister for International Affairs Shigehiro Tanaka, […]