Holcim has confirmed a “long-term” power purchase agreement (PPA) which will deliver one of the Philippines’ largest “behind-the-meter solar installations”.
The project will play a key role in powering Holcim’s cement manufacturing plants in Bacnotan, La Union (13 MegaWatt-peak), and Norzagaray, Bulacan (12 MegaWatt-peak).
“This partnership with Peak Energy strengthens our shift toward cleaner and more resilient operations. By integrating solar power into our La Union and Bulacan plants, we are reducing our carbon footprint while supporting our Net Zero ambition and sustainable manufacturing in the Philippinesm” Holcim Philippines SVP head of supply chain Ola Ande said.
The release has suggested that the systems will support the Holcim sites to reduce CO₂ emissions by roughly 28,500 tonnes per year with Peak Energy set to handle the design, construction, and long-term operation and maintenance of the systems as part of a 20-year PPA.
“This project represents a breakthrough not just for Peak Energy, but for the renewable energy and sustainable construction sectors in the Philippines,” Peak Energy chief executive officer Gavin Adda said.
“This project is the largest behind-the-meter industrial solar deployment in the country to date. Holcim’s leadership in advancing this type of solution sends a clear signal: clean power is now a strategic asset for industry leaders who wish to get long-term visibility, price stability and cost saving from their energy procurement strategies.
“We’re proud to enable that shift by delivering technically robust, commercially sound systems that can support both decarbonisation and long-term operational resilience.”
