ACEN, Marubeni to invest P9B in Aussie energy storage

MANILA, Philippines  – The Ayala Group and Japanese conglomerate Marubeni teamed up to invest around P9 billion to develop a 200-megawatt (MW) battery energy storage in Australia. In a disclosure on Tuesday, ACEN Corp. said its subsidiary ACEN Australia and Marubeni Asian Power Singapore are investing 250 million Australian dollars (P9.07 billion) to develop the
Read The Rest at :