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Holcim and Peak Energy Sign Largest Behind-the-Meter Solar Project in the Philippines
Holcim, global leader in innovative and sustainable building solutions, has signed a long-term Power Purchase Agreement (PPA) with Peak Energy, to deploy in the Philippines one of the largest behind-the-meter solar installations.
About this update from Holcim Ltd
[{"type":"text","content":"MANILA, Philippines, Feb. 4, 2026 /PRNewswire/ -- Holcim, global leader in innovative and sustainable building solutions, has signed a long-term Power Purchase Agreement (PPA) with Peak Energy, to deploy in the Philippines one of the largest behind-the-meter solar installations.","length":284,"tagName":"p"},{"type":"image","alt":"Holcim and Peak Energy sign state-of-the-art behind the meter project in the Philippines","displaySize":"","headline":null,"caption":"Holcim and Peak Energy sign state-of-the-art behind the meter project in the Philippines","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":383,"url":"https://media.zenfs.com/en/prnewswire.com/5dc474f629d41c2dead63c6215d33b72"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/_YoZG_MpEhgZI5KZBaq4XQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTY3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5dc474f629d41c2dead63c6215d33b72","width":400,"height":383}},"href":"https://mma.prnewswire.com/media/2876475/Holcim_Peak_Energy_signs_state_of_the_art_meter_project_Philippines.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The 25 MegaWatt-peak (MWp) project will power Holcim's cement manufacturing plants in Bacnotan, La Union (13 MWp), and Norzagaray, Bulacan (12 MWp), generating approximately 40 gigawatt-hours (GWh) of clean electricity annually. The systems are expected to reduce CO₂ emissions by roughly 28,500 tons per year - equivalent to removing annually 6,000 cars from the road.","length":373,"tagName":"p"},{"type":"text","content":"Delivered under a 20-year Power Purchase Agreement, the project requires no upfront capital from Holcim. Peak Energy will handle design, construction, and long-term operation and maintenance, while Holcim purchases the electricity throughout the duration of this PPA. This enables Holcim to benefit from significant cost saving on their electricity bill from day one. It also supports the integration renewables directly into its industrial operations, without disrupting production on its sites.","length":496,"tagName":"p"},{"type":"text","content":""This project represents a breakthrough not just for Peak Energy, but for the renewable energy and sustainable construction sectors in the Philippines," said Gavin Adda, CEO of Peak Energy. "Combined, this project is the larg...