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Manila Bulletin devider Business devider Trade & Industry devider Levanta Renewables commits ₱5 billion to Visayas solar-BESS project

Levanta Renewables commits ₱5 billion to Visayas solar-BESS project

Published Oct 14, 2025 04:21 pm
Southeast Asian renewable energy platform Levanta Renewables plans to develop a ground-mounted solar project paired with a Battery Energy Storage System in the Visayas region after winning a bid at the Philippines’ fourth Green Energy Auction (GEA-4).
Levanta Renewables said in a statement on Tuesday, Oct. 14, that it will invest approximately ₱5 billion to construct the 166 megawatt peak (MWp) solar farm and BESS, which is expected to have a capacity of 175 megawatts alternating current (MWac).
GEA-4 offered contracts for ground-mounted, rooftop, floating, and integrated solar with energy storage systems, as well as onshore wind technologies.
The facility, located across 155 hectares of land in the Visayas, is expected to help the country reach its goal of a 35 percent clean energy share in the generation mix by 2030. The project is also designed to minimize dependence on imported fossil fuels and reduce approximately 200,000 tons of annual carbon emissions.
Pramog Singh, Levanta Renewables chief executive officer, called the project a “major step” in expanding the company’s presence in the country.
“This project underscores our commitment to enabling Southeast Asia’s energy transition through high-impact partnerships and commercially viable clean energy solutions,” he said.
Pankaj Sakhuja, chief investment officer of Levanta Renewables, added: “This investment reflects our strategy to deliver bankable, utility-scale renewable projects with strong long-term fundamentals. The integration of battery storage enhances the project’s value, while contributing to the country’s broader decarbonization and energy security goals.”
Levanta last year partnered with Citicore Renewable Energy Corp. (CREC) to develop four onshore wind projects in Luzon and Visayas. Those developments won the second GEA of the Department of Energy (DOE) in 2023.
Levanta is the Southeast Asian renewable-energy unit of UK investment firm Actis, and is targeting 1.5 gigawatts (GW) of operating capacity in the next three years.
Actis is a global investor focused on critical infrastructure, including energy transition, digitalization, and supply chains.
In March, Actis closed a $600 million deal for a 40 percent stake in Terra Solar Philippines Inc., which is helping to develop what will be the country’s largest solar farm in Nueva Ecija and Bulacan.
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