Belt and Road Summit 2025- Deal-making

10–16 Sept 2025 | China (Hong Kong)

ProjectUpdated on 2 September 2025

Libmanan 49.9MW Ground-mounted Solar Project – Driving Sustainable Growth in Philippine Renewable Energy

Aris Tulalian

President at Zenith Renewable Energy Corporation

Taguig City, Philippines

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

Organisation

Zenith Renewable Energy Corporation

Taguig City, Philippines

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