In May 2018, entered the Australian renewable energy market through a joint venture with UPC Renewables. In April 2018, with Jetfly Asia, entered into an agreement for acquisition of the 25 percent interest in The Blue Circle as well as co-investment rights in its projects in Southeast Asia. The Khanh Hoa and Dak Lak solar farms were inaugurated in May and April 2019, respectively. In December 2017 at Vietnam, entered into a joint venture with AMI Renewables Energy for New Energy Investments Corporation for investments with Khanh Hoa Solar Power Plant with 50MW of capacity in Khanh Hoa, BMT Dak Lak solar farm with 30MW capacity in Dak Lak province, and in B&T Windfarm which entered into an agreement with Quang Binh province for the development of up to 200MW wind farm. A year after, in 2018, the Sidrap wind project is AC Energy's first greenfield project offshore and is the first utility-scale wind farm in Indonesia with net capacity of 75MW. In Indonesia in year 2017, established its first footprint outside the Philippines in renewable energy projects with consortium of Star Energy group and Thailand's Electricity Generating Company (EGCO) which acquired the Salak and Darajat geothermal projects in West Java, Indonesia with combined capacity of 637MW of steam and power. ĪCEN started to invest in different countries in the Asia-Pacific region. It has entered into different agreements with various customers and end-users for the supply of over 100MW. In September 2016, ACEN obtained a Retail Electricity Supplier's (RES) license, allowing to sell electricity to end-users in contestable market. In 2015, it invested in the development, construction and operation of a solar power farm in Bais, Negros Oriental or the Montesol project. In 2011, ACEN made initial investments in the power sector in the Philippines-an investment in a wind farm at Ilocos Norte with a net capacity of 52MW (Northwind Project), a stake in a CFB thermal power plant in Batangas province with two 122MW capacity (SLTEC), a second wind farm in Ilocos Norte with net capacity of 81MW (North Luzon Renewables), a limited partnership in a coal-fired plant at Bataan and Lanao del Norte with a capacity of two 316MW (GNPower Mariveles) and four 138MW (GNPower Kauswagan) respectively, and a limited partnership in two 668MW supercritical coal-fired power plant also in Bataan (GNPower Dinginin). The company has over 4,000 MW of attributable capacity in the Philippines, Vietnam, Indonesia, India, and Australia, with a renewable share of 98%, which is among the highest in the region. ACEN Corporation, formerly AC Energy, is the energy firm under the Ayala Group.
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