TessDrive brings you the latest updates on environmental policy, renewable energy systems, and institutional structural movements, tracking how major organizations are driving financial inclusion and alternative energy infrastructure across the country.
SAFC appoints new president and CEO for second-half push
South Asialink Finance Corp (SAFC) officially announced the appointment of Maricel D. Dejongoy as its new president and chief executive officer (CEO), effective July 1, 2026. The executive transition aims to anchor SAFC’s operational stability while executing an accelerated financial growth agenda for the second half of the fiscal year.
Dejongoy brings extensive institutional background from the wider Asialink Group of Companies, having previously served as the auto and truck loan group head at sister company Asialink Finance Corp (AFC), where she managed core lending blocks and steered regional market expansions. Concurrently, former head Kevin N. Cabanban transitioned to the deputy group chief executive office following a year-long tenure focused on operational recalibration.
Established in 2003, SAFC operates as a leading non-bank financial institution focusing on financial accessibility via its product ecosystem, which includes vehicle refinancing (Sangla OR/CR), land-backed financing, and customized lending solutions like BiyaHERO for public utility vehicle (PUV) and transport network vehicle service (TNVS) operators.
Maricel D. Dejongoy stated: “I step into this role with purpose and a deep sense of responsibility to our SAFC employees, partners, and the communities we serve. We will be deliberate in expanding our reach, strengthening our products, and ensuring that more Filipinos experience what it means to have a financing partner that truly works for them.
“The best of SAFC is still ahead of us, and we are more than prepared to make it happen.”
To explore structural financing options, localized refinancing terms, and branch network frameworks, visit the official corporate portal at safc.com.ph.
VinEnergo and SunAsia partner for 422MWp solar pipeline
VinEnergo, a renewable energy enterprise within Vingroup’s green ecosystem, finalized a strategic international partnership with local solar pioneer SunAsia Energy Inc to deploy a massive portfolio of large-scale renewable energy infrastructure projects across the Philippines. Envisioned to generate over $1.5 billion in lifetime revenues, the strategic deployment is designed to strengthen national grid capacity and catalyze long-term clean energy infrastructure investments.
The joint initiative aims to deploy three flagship clean energy generation facilities targeted for commercial operations between 2027 and 2028: a 181 MWp (Megawatt-peak) installation in Macabebe, Pampanga; a 126 MWp hub in Sagay, Negros Occidental; and a 115 MWp facility in Silay, Negros Occidental. Once completely operationalized, the combined 422MWp grid network will supply clean electricity to approximately 278,000 households while mitigating over 460,000 tons of carbon emissions annually, achieving an environmental footprint equivalent to planting roughly 21 million trees.
Over the upcoming 18-month engineering timeline, VinEnergo and SunAsia will collaborate on advanced technology selection and engineering design, installing nearly 700,000 solar panels mounted on pile structures alongside 62 km of new regional transmission lines. The project leverages specialized Solar on Stilts technology, which elevates solar photovoltaic arrays on structural concrete foundations over inland water surfaces, maximizing the spatial utility of regional water basins to generate clean energy without requiring heavy land excavation or agricultural displacements.
VinEnergo chief executive officer Nguyen Anh Khoa said: “Our partnership with SunAsia Energy on this strategic project portfolio is a clear demonstration of VinEnergo’s regional growth ambitions. We are proud to bring forward solutions that combine sustainable energy development with responsible resource utilization. Floating solar not only contributes to addressing energy security challenges, but also provides a valuable opportunity to share Vietnam’s development experience in protecting local livelihoods and fostering the parallel growth of the energy and agricultural sectors.”
SunAsia Energy Inc chief executive officer and chairperson Tetchi Capellan added: “This partnership is driven by the shared commitment of SunAsia Energy and VinEnergo to strengthen energy security, support economic growth, improve people’s lives, and help protect the planet. Through the Floating Solar model, we are not only developing renewable energy infrastructure but also creating a framework where food production and clean energy generation can thrive together.”
Full developer archives, previous solar testbed metrics, and historical grid compliance documentation are accessible via the builder’s network at sunasiaenergy.com.