[Philippine ACEN plans to complete 5GW renewable energy inallation target by 2025] ACEN Corporation, the energy business platform of the Ayala Group, is aggressively expanding its business to complete the target of 5GW of renewable energy installations by 2025. ACEN, which has achieved leapfrog growth in renewable energy assets from 0 to 1,000 megawatts (MW) in five years, said in its annual report that the company is building several projects simultaneously in 2023. Therefore, it is confident that the installed capacity target of 5 GW will be achieved by the end of 2025. ACEN's renewable energy assets have now reached 4.2GW. In addition to developing traditional renewable energy projects including onshore photovoltaic and onshore wind projects, ACEN will also study emerging technologies such as offshore wind and floating wind projects to expand its project capacity. The company currently has a concession project in the Laguna de Bay area of the Philippines, and will install floating photovoltaic projects. In the future, with 5 GW of renewable energy installed capacity, ACEN will further achieve a total of 20 GW of cumulative renewable energy installed capacity by 2030. In addition, the company also partially put into operation the Pagudpud wind power project in Ilocos Norte, Philippines last week, with an installed capacity of 160 MW, and 80 MW of capacity has been put into COD so far. Eric Francia, president of Acen, previously stated that the company's goal is to increase the operating capacity of the wind farm from 80 MW to 135 MW, and put the second phase of the project into operation in early 2023. Editor/Xu Shengpeng

Click to see more live >>

• 2026.04.22 15:56
• [Kazakhstan advances Chinese funded waste to energy projects]
• On April 22, 2026, Shenzhen Energy and Environment held a meeting with the Prime Minister of Kazakhstan and proposed to invest 180 million US dollars to promote the second phase of Astana Ecological Park, which will process 1500 tons of waste per day and generate 50 megawatts of electricity.Editor/Gao Xue

• 2026.04.22 15:47
• [CTG pumped storage project fully starts construction]
• On April 20, 2026, the excavation of the underground powerhouse of the Housihe Pumped Storage Power Station in Gongyi, Henan Province began, marking the entry of this giant power bank with a total installed capacity of 1.2 million kilowatts into the main battle period. As CTG's first project in the Central Plains and a key national project during the 14th Five Year Plan period, the construction of its underground caverns faces challenges from high and steep slopes and complex geology. The first unit of the power station is expected to be put into operation in June 2030, and will undertake tasks such as power grid peak shaving, energy storage, and new energy consumption, significantly improving the safety and stability of the Central China power gridEditor/Cheng Liting