ProjectUpdated on 2 September 2025
Libmanan 49.9MW Ground-mounted Solar Project – Driving Sustainable Growth in Philippine Renewable Energy
About
Overview
Zenith Renewable Energy Corporation (ZREC), through its Special Purpose Vehicle (SPV), Green PV Energy Corporation, is developing a 49.9 MW AC ground-mounted solar project in Libmanan, Camarines Sur, Philippines. Expected to begin operations in end of 2027, the project will generate 102,918.6 MWh annually. Strategically located on a 50.34-hectare site with abundant sunlight and direct access to a 69kV transmission line, it is well-positioned to support the region’s growing energy demand.
Strategic Location
Situated on Luzon Island, near major economic centers, in Libmanan (awarded the 2024 Seal of Good Governance for local governments), and on a site with direct access to the national grid.
Regulatory and Market
The Philippines ranks 2nd globally in emerging markets for renewable energy investment, based on its strong core strengths, opportunities, and experience in the sector (BloombergNEF, 2024).
Project Location
- Philippines
Project Format
- Private Project
ESG (Environmental, Social, and Governance)
- Yes
Project Stage
- Feasibility Study Completed
Target completion by
31/12/2027
Main Project Sector
- Energy and Natural Resources
Energy and Natural Resources
- Solar Energy
Total Project Value
- 25,000,001 to 50,000,000 USD
Investment Capital Required
- 25,000,001 to 50,000,000 USD
Interested Format of Cooperation
- Open for Negotiation
Preferred Financing Model
- Open for negotiation
Previous Funding Stage
- None
Return on Investment
190%
Main Service(s) Required
- Financial Services
Financial Services
- Institutional Investment
- Private Equity & Venture Capital
Attached files
Organisation
Zenith Renewable Energy Corporation
Taguig City, Philippines
Similar opportunities
Project
- Yes
- Debt
- None
- Equity
- Solar Energy
- Private Project
- Project Planning
- Financial Services
- Commercial Banking
- Open for Negotiation
- Majority Shareholdings
- 50,000,001 USD or above
- Energy and Natural Resources
- 25,000,001 to 50,000,000 USD
- Private Equity & Venture Capital
Aldren Samson
Vice President for Investor Relations at SunAsia Energy, Inc,
Manila, Philippines
Project
- Yes
- Debt
- None
- Equity
- Solar Energy
- Private Project
- Financial Services
- Commercial Banking
- Open for Negotiation
- Majority Shareholdings
- 50,000,001 USD or above
- Feasibility Study Completed
- Energy and Natural Resources
- 25,000,001 to 50,000,000 USD
- Private Equity & Venture Capital
Aldren Samson
Vice President for Investor Relations at SunAsia Energy, Inc,
Manila, Philippines
Project
- Yes
- Debt
- None
- Equity
- Solar Energy
- Private Project
- Financial Services
- Commercial Banking
- Open for Negotiation
- Majority Shareholdings
- 50,000,001 USD or above
- Feasibility Study Completed
- Energy and Natural Resources
- 10,000,001 to 25,000,000 USD
- Private Equity & Venture Capital
Aldren Samson
Vice President for Investor Relations at SunAsia Energy, Inc,
Manila, Philippines