[Philippine ACEN plans to complete 5GW renewable energy inallation target by 2025] ACEN Corporation, the energy business platform of the Ayala Group, is aggressively expanding its business to complete the target of 5GW of renewable energy installations by 2025. ACEN, which has achieved leapfrog growth in renewable energy assets from 0 to 1,000 megawatts (MW) in five years, said in its annual report that the company is building several projects simultaneously in 2023. Therefore, it is confident that the installed capacity target of 5 GW will be achieved by the end of 2025. ACEN's renewable energy assets have now reached 4.2GW. In addition to developing traditional renewable energy projects including onshore photovoltaic and onshore wind projects, ACEN will also study emerging technologies such as offshore wind and floating wind projects to expand its project capacity. The company currently has a concession project in the Laguna de Bay area of the Philippines, and will install floating photovoltaic projects. In the future, with 5 GW of renewable energy installed capacity, ACEN will further achieve a total of 20 GW of cumulative renewable energy installed capacity by 2030. In addition, the company also partially put into operation the Pagudpud wind power project in Ilocos Norte, Philippines last week, with an installed capacity of 160 MW, and 80 MW of capacity has been put into COD so far. Eric Francia, president of Acen, previously stated that the company's goal is to increase the operating capacity of the wind farm from 80 MW to 135 MW, and put the second phase of the project into operation in early 2023. Editor/Xu Shengpeng

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• 2026.03.18 17:10
• [Fujairah oil port attacked by drones again]
• On the morning of March 17, 2026, the Fujairah oil industry zone was attacked by drones and caught fire again. The civil defense department is making every effort to control the fire, and there are currently no casualties. This is the fifth attack on the area since early March, driven by Iran's ongoing attacks on energy facilities in the United Arab Emirates. Fujairah holds a strategic position in the Strait of Hormuz, and the conflict has caused about one-fifth of the world's oil and gas supply to be blocked. Brent crude oil broke through $100 on March 9th and remained at $103.87 as of the 17th. As a key global storage and transportation hub, giants such as Abu Dhabi National Oil Company, Saudi Aramco, Shell, and Vopak operate terminals and pipelines here, responsible for core businesses such as Murban crude oil. Geopolitical risks are seriously threatening the security of the global energy supply chain.Editor/Cheng Liting

• 2026.03.18 15:40
• [Baotailong Donghui Coal Mine Project Commences Construction]
• On March 17, 2026, the construction project of Donghui Coal Mine in Heilongjiang Province officially broke ground in Jixian County. As a core key project of the 14th Five Year Plan in Heilongjiang Province, the total investment of this project is 3.007 billion yuan, with a designed annual output of 1.8 million tons. After years of procedures, the total construction period is 55.5 months. It is located in the 291 Farm area of Jixian County, with a well field area of approximately 46.33 square kilometers and abundant resource reserves. Supporting coal washing plants of the same scale, with a service life of 52.7 years. Editor/Cheng Liting