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AC Energy investing $20 million for 1-GW Asia solar farms

MANILA, Philippines — AC Energy Inc., the power generation business of the Ayala Group, is investing $20 million to build a one-gigawatt (GW) portfolio of solar projects across Asia. The company has formed a joint venture with UPC Solar Asia Pacific—the solar platform of UPC Renewables—to expand their reach in the region. AC Energy said the $20 million investment would be i...

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