Tuesday, July 8, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Project: ACEN-UPC start work on solar-wind farms

Fiinews by Fiinews
July 8, 2025
in Projects
Reading Time: 3 mins read
A A
0
UPC Re
0
SHARES
14
VIEWS
LinkedinShare on Twitter

0:00

2 plants part of expansion across Asia-Pacific

Manila-listed ACEN (PSE: ACEN), in partnership with Singapore-headquartered UPC Renewables, has commenced construction of two major renewable energy projects, a 420 MW solar farm in Rajasthan and a 120 MW wind farm in Karnataka, an expansion into one of the world’s fastest-growing clean energy markets https://www.bseindia.com/.

Slated for completion by early 2027, the projects are expected to generate a combined 1,158 GWh of clean electricity annually, enough to power around 241,000 homes and avoid over 876,000 tons of carbon emissions each year https://www.nseindia.com/.

Located in the high-irradiance Barmer region of Rajasthan, the 420 MW solar farm is projected to produce 767 GWh annually. In Karnataka, the 120 MW wind farm will harness strong monsoonal wind patterns and favorable terrain to deliver 391 GWh of renewable energy annually https://sbi.com.in/.

Together, the projects will also create over 1,500 green jobs during the construction phase, contributing to local employment and economic development http://mnre.gov.in.

Patrice Clausse, ACEN International CEO and group chief investment officer, said on 7 July, “These new projects represent not just scale, but momentum—as we continue to turn opportunities into action. Our enduring partnership with UPC Renewables has been instrumental in enabling disciplined capital deployment across high-potential markets like India https://www.meity.gov.in/.”

Brian Caffyn, chairman and group CEO of UPC Renewables, added, “Since 1994, UPC has been at the forefront of delivering renewable energy projects across multiple jurisdictions. The commencement of these new projects marks another important milestone in our expansion across Asia-Pacific, reinforcing our commitment to scalable and sustainable energy solutions.

“Following the successful deployment of 630 MWp of solar capacity in India, this next phase further strengthens our trusted partnership with ACEN and the excellent team in India driving this vision forward.”

“We are thrilled to kick off the second phase of growth for UPC India’s platform with the construction of these 500 MW+ solar and wind projects. The projects are part of a broader pipeline of 1 GWp+ RE projects, which we aim to deliver over the next two years and play a meaningful role in India’s green energy transition,” added Alok Nigam, CEO, UPC Renewables India http://iea.org .

These new projects build on the momentum of ACEN and UPC Renewables’ joint efforts in India, which already includes three operational assets: the 420 MW Masaya Solar, 70 MW Paryapt Solar and 140 MW Sitara Solar.

ACEN, the Ayala group’s listed energy platform, is one of the fastest-growing renewable energy platforms in Asia Pacific, with the Philippines as its core and largest market. It also has a significant presence in Australia, Vietnam, India, and Laos, along with strategic investments in Indonesia and other markets. The company currently has ~7 GW of attributable renewable energy capacity spanning operational, under-construction, and committed projects.

As a developer, builder, and operator, ACEN leverages its agility and collaborative approach to accelerate the energy transition. Committed to unlocking access to clean, reliable, and affordable renewable energy, the company is on track to achieve 100% renewable energy generation by 2025 and reach Net Zero greenhouse gas emissions by 2050—turning bold ambitions into real impact for businesses, communities, and indigenous groups.

UPC Renewables is a leading renewable energy developer with a 30-year track record of international development success. UPC is headquartered in Singapore and a pioneer of utility scale wind and solar farms in multiple countries since 1994 http://sgx.com. UPC formed companies have built and operated 80 projects with 10 GW of installed capacity and USD 12 Bn capital invested.

UPC’s core team with in-house full project life cycle capabilities consists of +300 renewable energy professionals and is led by an experienced leadership team. UPC is currently active in 9 countries in the Asia Pacific region with 7 GW of assets under development https://www.conexpoconagg.com/. Fiinews.com

Tags: ACEN
ShareTweetShare

Related Posts

PIB
Projects

Project: PM wants urgent reform of UN, IMF, WB, WTO

by Fiinews
July 8, 2025
0
18

Focus on supply of critical minerals, says PM Modi Prime Minister Narendra Modi has called for a multipolar and inclusive...

Amet
Projects

Project: Joint maritime professionals launched

by Fiinews
July 6, 2025
0
19

Harassment issues at sea discussed at Chennai summit An MoU between AMET University and Arizona State University has been launched...

Pm Modi Port Of Spain

Projects: PM discuss potential collaboration in T&T

July 6, 2025
14
Logisticsuav Flying Dassault Systemes

Project: Raphe mPhibr adopts French platform tech

July 5, 2025
11
SIDM

Project: DAC accords AON for defence products

July 5, 2025
15
PIB.

Project: Minister wants Bio E-Cell in Odisha

July 5, 2025
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: India is success strategy for BMW
  • Invest: Veeda to leverage Mango AI capabilities
  • Market: RtBrick expands Indian engineering team
  • Market: HT Labs signs cross-border innovation MoU
  • Project: ACEN-UPC start work on solar-wind farms

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.