Clean renewable energy developer and Independent Power Producer (IPP) Peak Energy breaks ground in the Philippines with a 65 MWp greenfield solar development.
"The Philippines offers a rare combination in Southeast Asia: strong solar potential and a regulatory environment that actively supports renewable energy deployment. These conditions give us confidence that we are delivering meaningful solutions for businesses looking to decarbonise at scale, and that we are well-positioned to continue doing so as demand for reliable clean energy grows," Gavin Adda, CEO of Peak Energy.
Powering homes
The project, located in the province of Isabela, in the Cagayan Valley region, occupying the northeastern section of Luzon, is expected to generate more than 68,000 MWh (68 GWh) of clean electricity annually. The project can power around 23,000 homes in the Philippines, providing a reliable and sustainable energy source to the local community, and avoiding approximately 37,000 tonnes of CO₂ emissions annually.
"This project illustrates how we approach our regional development: focusing on high-quality sites, securing the fundamentals fast, and ensuring projects meet the expectations of our customers," said Adda.
Renewable energy development
Aside from utility-scale solar projects, Peak Energy also operates rooftop solar solutions for commercial and industrial customers in the Philippines.
Headquartered in Singapore, Peak Energy operates approximately 300 MW of operating assets and 1 GW of projects in development across the Asia-Pacific region. It also operates renewable energy projects in the area, including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications.
