ACEN aims 2 GW of RE in Australia

Ayala-led ACEN Corp. is expecting growth in its Australian portfolio as it ramps up operations over the next three years.

- By GABRIELL CHRISTEL GALANG.

According to Jose Maria Zabaleta, ACEN Australia executive chairman, the company expects to build around two gigawatts direct current (GWdc) of renewable energy (RE) operating capacity through its three projects.

“ACEN Australia has an extensive development pipeline across the National Electricity Market (NEM). This positions ACEN to help achieve Australia’s energy transition objectives and reflects our long-term goals and commitments,” he said.

The NEM is Australia’s wholesale electricity market, where retailers trade power by interconnecting five regional markets.