Peak Energy joined the 4th Philippine Renewable Energy Conference & Exhibition at City of Dreams Manila, where Sandro Bruni presented our perspective on accelerating solar development in the Philippines.
His presentation, “Relevance of Accelerating Solar Development in the Philippines,” connected the impact of the Hormuz crisis with practical opportunities across commercial and industrial solar, embedded generation, and utility-scale development. It also explored how renewable energy partnerships can support manufacturing competitiveness across entire supplier networks.
Sandro Bruni presenting at PRECE 2026 in Manila.
Sandro opened with the scale of the energy shock facing Asian businesses. His presentation highlighted Brent crude reaching approximately US$120 per barrel, compared with around US$70 before the conflict, alongside Asian spot LNG prices roughly doubling. Gavin Adda’s July commentary in The Business Times reported a 97% increase in Asian LNG prices in the first week of the conflict. Read the commentary.
Asia’s exposure to this shipping route helps explain the impact. According to the International Energy Agency’s February 2026 factsheet, approximately 80% of the oil passing through the Strait of Hormuz was destined for Asia. LNG exports transiting the strait represented around 19% of global LNG trade. Source: IEA.
For manufacturers, these disruptions affect the cost of producing goods and the confidence with which businesses can plan investments. Locally generated solar power can reduce exposure to fuel-price volatility for the electricity it supplies, while long-term contracts can provide greater visibility over that part of a company’s energy costs.
The presentation also highlighted the rapid response from Philippine solar customers.
Figures cited in Sandro’s deck and reported by Bloomberg showed average weekly rooftop solar installations increasing 170%, with customer inquiries rising 582%, following the start of the conflict. Demand was growing faster than the available equipment and installer capacity could accommodate. Read the Bloomberg report.
That gap makes project execution central to the discussion. Customers need partners able to assess sites, commit capital, manage construction, and maintain systems over the long term.
Sandro outlined Peak Energy Philippines’ activity across three complementary segments: 34 MWp of secured embedded projects, 40 MWp of signed commercial and industrial projects, and 200 MWp of secured utility projects under development, as presented at the conference.
Slide from Sandro’s PRECE 2026 presentation. Secured and signed project figures represent the stages stated in the deck; they do not indicate that all capacity is operating.
Energy procurement decisions increasingly extend across manufacturing networks. When suppliers adopt renewable electricity, they can address their own energy costs and operational emissions while supporting their customers’ wider supply-chain decarbonisation objectives.
Sandro illustrated this approach through Peak Energy’s Korean platform serving the Hyundai Motor automotive supplier ecosystem.
The formal joint venture is between Peak Energy and Vencore Rooftop Equity Fund, whose investor is Hyundai Motor Securities. It combines financial expertise and industrial relationships with Peak Energy’s development, investment, commercial structuring, and long-term operating capabilities.
The presentation identified five initial automotive Tier-1 supplier projects totalling 13 MW, alongside a target of 100 MW within two years. The 100 MW figure is an expansion target, separate from the initial portfolio.
The aim is to help suppliers gain greater visibility over electricity costs, strengthen manufacturing competitiveness, and reduce emissions associated with component production. Those supplier emissions are also relevant to the automotive manufacturer’s Scope 3 footprint. Read Peak Energy’s JV announcement.
Peak Energy Jv with Hyundai Motor affiliate HMS, presented by Sandro:
five initial projects totalling 13 MW, with a separate 100 MW growth target.
Delivering these projects starts with understanding each facility.
Electricity consumption, structural suitability, roof condition, wiring routes, safety requirements, interconnection, and maintenance access all influence project design. Matching solar generation to the customer’s demand is essential to achieving a commercially sound installation.
CLA Town Center Mall rooftop solar in Pagsanjan, Laguna, Philippines.
Sandro also highlighted Peak Energy’s agreement with Holcim Philippines: a planned 25 MWp solar project across its La Union and Bulacan cement plants, expected to generate approximately 40 GWh annually.
Under the 20-year power purchase agreement, Holcim requires no upfront capital, while Peak Energy handles design, construction, and long-term operation and maintenance. The structure connects industrial decarbonisation with long-term energy planning. Read the Holcim project announcement.
Peak Energy’s planned 25 MWp solar partnership with Holcim Philippines.
Beyond individual factories, Sandro discussed embedded solar developments serving electric cooperatives and larger utility-scale opportunities.
These projects bring together land availability, development expertise, financing, and long-term electricity supply arrangements. Peak Energy’s approach combines investment with local delivery and continuing responsibility for the assets.
Across industrial businesses, electric cooperatives, industrial parks, EPC companies, and co-developers, the objective is to structure partnerships around the needs of the customer and the project.
Peak Energy was also interviewed during the event, adding to our participation in the discussions at PRECE 2026.
Peak Energy’s exhibition booth at PRECE 2026. |
Peak Energy was also interviewed during the event. |
Thank you to the organisers and everyone who connected with our team. We look forward to continuing conversations on solar development, manufacturing competitiveness, and supply-chain decarbonisation in the Philippines and across Asia.
The organisers’ plaque of appreciation for Sandro Bruni’s contribution as a speaker.
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