AYALA-LED ACEN on Monday announced it is targeting 20 gigawatts (GW) renewables by 2030, a bold aspiration set amid the global energy crisis and the imperative to accelerate the energy transition.

The ACEN Board of Directors, through its executive committee, approved the corporate vision and strategy targeting 20 GW of attributable renewables capacity by 2030. This represents six times growth from its 3.4 GW renewables capacity to date, or a 25 percent compounded annual growth rate up to the end of the decade.

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