Peak Energy has announced the commencement of a 65MWp greenfield solar development in the Philippines.
Situated in the province of Isabela, the project is poised to generate over 68,000MWh of clean electricity annually, sufficient to supply around 23,000 homes in the country.
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The solar project is strategically located in the Cagayan Valley region, covering the north-eastern section of Luzon and is scheduled for commercial operation in the first half (H1) of 2027.
It is expected to play a pivotal role in the country’s green transition by avoiding around 37,000 tonnes (t) of carbon dioxide (CO₂) emissions each year.
Peak Energy plans to actively engage with key corporates to secure stable, long-term clean power agreements.
These efforts are in line with accelerating the Philippines’ pathway to the green transition and assisting Filipino businesses in decarbonising.
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By GlobalDataPeak Energy CEO Gavin Adda said: “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.
“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.”
In a notable shift within the country’s energy sector, coal-fired electricity generation is projected to decline for the first time since 2008.
Specifically, the Institute for Energy Economics & Financial Analysis anticipates a 5.2% decrease in H1 2025.
