ACEN RES recognized with Renewable Energy Markets™ Asia award for leadership in renewable energy transition in the Philippines

SINGAPORE – ACEN Renewable Energy Solutions (ACEN RES), the retail electricity supply arm of ACEN Corporation (ACEN), the listed energy platform of the Ayala Group, has been honored with the prestigious Renewable Energy Markets™ Asia Award. This annual award celebrates the outstanding achievements of organizations driving renewable energy adoption across Asia.

The Renewable Energy Markets™ (REM) Asia Award is bestowed annually by the Center for Resource Solutions (CRS), a U.S.-based non-governmental organization dedicated to promoting renewable energy. An independent panel of international energy industry experts evaluates nominees based on their efforts, contributions to market growth, and innovative programs. ACEN RES joins a distinguished list of winners, including the Global Wind Energy Council, Equinix, CLP Power Hong Kong Limited, Gyeonggi Province (South Korea), and the National University of Singapore. Other notable past winners include Asia Clean Energy Coalition, BASF Asia Pacific, Microsoft, Meta, and the Philippine Electricity Market Corporation (PEMC).

ACEN RES was recognized for its significant role in empowering businesses in the Philippines to seamlessly transition to renewable energy. The company facilitates this shift through key government initiatives such as the Retail Competition and Open Access (RCOA), the Green Energy Option Program (GEOP), and the recently introduced Retail Aggregation Program (RAP).

Miguel de Jesus, ACEN Director and Chief Operations Officer for Philippine Operations, received the trophy on behalf of ACEN RES during an awards ceremony held recently at the Sofitel Singapore City Centre, Singapore.

“We are honored by this recognition, which fuels our commitment to accelerate the adoption of renewable energy among Philippine businesses. This award underscores the importance of our work as ACEN actively builds new renewables capacity to support the Philippines’ goal of increasing the share of renewables in the energy generation mix to 35% by 2030,” he said.

The latest Competitive Retail Electricity Market (CREM) report from the Energy Regulatory Commission (ERC) in January 2025 positions ACEN RES as the Philippines’ leading green energy supplier, holding an impressive 50% market share within the GEOP. In 2024, ACEN RES’s renewable energy supply to its customers effectively avoided the emission into the atmosphere of 970,270.63 tons of carbon dioxide equivalent (tCO2e), demonstrating a tangible impact on environmental sustainability.

This Renewable Energy Markets™ Asia Award adds to a growing list of accolades for ACEN RES. The company’s innovative campaigns promoting renewable energy adoption among Philippine businesses have also garnered significant recognition, including three Stevie Awards from the International Business Awards, an Anvil Award from the Public Relations Society of the Philippines, and an Outstanding Achievement in Marketing Communications award from the Agora Awards of the Philippine Marketing Association.

ACEN RES is the retail electricity supply unit of ACEN. ACEN, the listed energy platform of the Ayala group, stands as one of the fastest-growing renewable energy platforms in the Asia Pacific region. The Philippines serves as its core and largest market, contributing 35% to its overall capacity. ACEN also maintains a substantial presence in Australia, Vietnam, India, and Lao PDR, alongside strategic investments in Indonesia and other emerging markets. The company currently boasts approximately 7 GW of attributable renewable energy capacity, encompassing operational, under-construction, and committed projects.

As a developer, builder, and operator, ACEN leverages its agility and collaborative approach to accelerate the global energy transition. Committed to democratizing access to clean, reliable, and affordable renewable energy, ACEN is firmly on track to achieve 100% renewable energy generation by 2025 and reach Net Zero greenhouse gas emissions by 2050—transforming ambitious goals into tangible benefits for businesses, communities, and indigenous groups.