Levanta Renewables has recently secured financial closure and issued a Notice to Proceed (NTP) for the Barotac Solar Power and Battery Energy Storage System (BESS) project in the Visayas, Philippines. The project comprises a 166 MWp ground-mounted solar photovoltaic (PV) facility integrated with an 80 MWh Battery Energy Storage System (BESS). Project financing has been secured from two leading banks.
The project was awarded a Power Purchase Agreement (PPA) under the Philippines Department of Energy’s Green Energy Auction Program Round 4 (GEA-4) and is targeting commercial operations by mid-2027. The Barotac Solar Power and BESS project forms a key part of Levanta’s growing renewable energy portfolio in Southeast Asia.
Pramod Singh, CEO of Levanta Renewables, said, “The achievement of Financial Close marks an important milestone for the Barotac Solar Power and BESS project. We are pleased to move into the execution phase and appreciate the support of our financing partners and project stakeholders.”
About Levanta Renewables
Levanta Renewables is a leading renewable energy company in Southeast Asia, led by a
professional team with a proven track record of delivering high-quality renewable energy
generation projects. Committed to providing innovative solar, wind and battery storage solutions,
Levanta is headquartered in Singapore and operates across Thailand, the Philippines, Vietnam
and Malaysia.
Levanta Renewables oversees all stages of its projects, from development and financing to
construction, operations, and maintenance. As Actis’s renewable energy platform in Southeast
Asia, Levanta Renewables is targeting to achieve an operating capacity of 1.5 GW by 2028,
reinforcing its dedication to sustainability and clean energy advancement in the region.
