0.6 MWp system now supplies the Pagsanjan mall with clean electricity at around 20% below grid rates
Pagsanjan, Laguna, Philippines — 28th October 2026 — CLA Town Center Mall ("CLA Mall") will now consume 860 MWh of clean electricity per year after its rooftop solar system, built by Peak Energy under a power purchase agreement (PPA), was energized. The system supplies the mall with electricity at a rate around 20% below grid tariffs.
The 0.6 MWp rooftop installation is expected to generate approximately 860 MWh of clean electricity each year, avoiding more than 370 tonnes of CO₂ emissions annually, equivalent to the emissions from almost 152,000 liters of gasoline consumed.
Under the 10-year fixed-price PPA, Peak Energy developed, financed, engineered and built the system, managing permitting, procurement, construction and commissioning. Peak Energy will own, operate and maintain the asset for the full term of the agreement, while CLA Mall purchases the electricity generated on its roof, securing long-term cost savings without upfront capital investment.
Shopping malls carry steady daytime demand for air conditioning, lighting and tenant operations, a load profile closely matched to solar generation. With the system now operating, CLA Mall is among the first retail destinations in eastern Laguna to lock in clean, competitively priced power for the long term.
Peak Energy continues to expand its presence in the Philippines, with another 1 MWp rooftop installation for FCC Philippines Corporation in Laguna currently under construction and targeting commercial operation in early 2027.
"We are happy with our collaboration with Peak Energy, whose team delivered the system on a fast timeline while our mall stayed fully open to shoppers. Using solar power from our own roof lowers our electricity costs and is a step we are proud to take for our community in Pagsanjan," said Lolita Areza of CLA Mall.
"CLA Mall is showing that clean energy is a practical business decision for retail property owners, not only for large industrial sites," said Gavin Adda, CEO of Peak Energy. "Malls consume most of their power during daylight hours, which makes rooftop solar a natural fit. With the system now operating, CLA Mall has lower, more predictable electricity costs from day one, and our local team has shown its ability to take distributed solar from development through to operation in the Philippines. We look forward to supporting CLA Mall as its long-term operating partner."
About Peak Energy
Headquartered in Singapore, Peak Energy develops, owns, and operates renewable assets across Asia Pacific (APAC). With over 300 MW of operating assets and 2 GW worth of projects in development, Peak Energy is the fastest growing renewable energy developer with a portfolio spanning Japan, Korea, Australia, Taiwan, the Philippines, Thailand and Singapore. With activities encompassing the full range of renewable energy business models - including utility-scale development, off-site PPAs, onsite PPAs, and energy storage applications - Peak Energy is a one-stop partner for corporates seeking to decarbonize their operations in APAC. We believe in establishing long-term partnerships with our corporate customers, to accompany them in their decarbonization journey, through cleaner, cheaper energy.
An experienced team handles the complete life cycle of our energy assets from origination and development through to operations and decommissioning, employing state-of-the art technology and the industry best practices, respectful of the environment and following world-class HSE standards.
Our business practices, technological and HSE standards are standardized across APAC, but we are implemented and operate locally, with teams in seven countries, and lasting partnerships with local customers, EPCs, vendors, channel partners.
Peak Energy is wholly owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximatively USD 98 billion of assets under management. Our financial and technical strength coupled with our relationships in local markets allows us to optimize our capital deployment in high quality assets.
For more information, please visit https://www.peakenergy.asia.
About CLA Town Center Mall
CLA Town Center Mall is a shopping mall located in Areza Town Center along the National Highway in Barangay Biñan, Pagsanjan, Laguna. The mall offers a mix of retail stores, dining options and everyday services, and serves shoppers from Pagsanjan and the neighboring towns of eastern Laguna. Located in the tourist capital of Laguna, CLA Mall is a convenient stop for both residents and visitors to the area. For more information, please visit www.facebook.com/clatowncenter.
Media Contacts
Peak Energy: media@peakenergy.asia