Levanta Renewables, a Singapore-based renewable energy developer backed by global investor Actis, has secured rights to develop a 166-megawatt-peak (MWp) solar and battery energy storage facility in the Visayas, following the results of the Philippines’ Fourth Green Energy Auction (GEA-4).

According to the company, the upcoming installation will cover about 155 hectares of land and integrate a ground-mounted solar farm with a Battery Energy Storage System (BESS) capable of delivering 175 MWAC. The project represents an estimated PHP 5-billion investment, part of Levanta’s ongoing expansion in Southeast Asia’s renewable energy market.

The facility is projected to generate an average capacity factor of 43%, avoiding more than 200,000 tons of CO₂ emissions annually once operational. It is also expected to support local economies through employment opportunities, government revenues, and programs under the Department of Energy’s ER 1-94 scheme.

“Securing the solar and storage power project in the Visayas is a major milestone for Levanta as we scale our presence in the Philippines,” Levanta Renewables Chief Executive Officer Pramod Singh. “This project underscores our commitment to enabling Southeast Asia’s energy transition through high-impact partnerships and commercially viable clean energy solutions.”

For Chief Investment Officer Pankaj Sakhuja, the project reflects Levanta’s investment approach to utility-scale renewables. “The integration of battery storage enhances the project’s value, while contributing to the country’s broader decarbonisation and energy security goals,” he said.

“The successful securing of this project is the result of strong coordination with our partners, government agencies, and local stakeholders,” said Ravi Chandran, who heads Levanta’s Philippines Task Force. “We are focused on delivering this project to the highest standards while creating tangible benefits for the community and the broader region.”

Levanta said the initiative directly supports the Philippines’ national goal of achieving a 35% renewable energy share by 2030, with additional clean energy capacity expected to be built over the next six years.

In 2024, Levanta partnered with Citicore Renewable Energy Corporation (CREC) to develop a 375 MW onshore wind portfolio across Luzon and Visayas through a joint venture, marking its entry into the Philippine wind market. These four wind projects secured offtake under the Department of Energy’s Green Energy Auction Program (GEAP) and are expected to complement Levanta’s broader goal of achieving 1.5 GW of operating capacity across Southeast Asia by 2028.

Founded and headquartered in Singapore, Levanta Renewables operates across Thailand, Malaysia, Vietnam, and the Philippines, handling the entire project cycle from development and financing to operations and maintenance. The company aims to reach 1.5 gigawatts of operating capacity by 2028.

Actis, its parent investor, focuses on sustainable infrastructure across emerging markets and manages about USD 114 billion in combined assets with General Atlantic following a 2024 merger.

How significant is Levanta’s entry into the Visayas renewable market? Could integrated solar-storage projects like this shape the region’s energy future? Join the discussion.

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