Singapore-headquartered Peak Energy, a leading renewable energy developer in Asia, has announced the acquisition of a 48 MW ready-to-build solar portfolio in Japan. This strategic move, completed on 17 June 2025, will see the projects come online progressively between 2026 and 2028, incorporating battery storage to enhance climate impact and cost savings for customers.
The newly acquired sites, located across various regions including Tokyo and Tohoku, are expected to generate nearly 60 GWh of zero-carbon electricity annually. This output is equivalent to the power consumption of approximately 15,000 households and will help avoid nearly 27,000 tonnes of CO₂ emissions each year, akin to removing about 9,000 cars from the roads.
Electricity generated from these solar plants will be sold to corporate clients through long-term power purchase agreements (PPAs), with fixed prices from the outset, ensuring customers are protected from electricity tariff fluctuations. Selected sites will also feature battery energy storage systems, allowing for extended use of renewable energy into the night.
This acquisition marks another milestone in Peak Energy’s rapid expansion in Japan, following its earlier acquisition of 11 MW of ready-to-build high-voltage solar sites in 2025. The company also co-owns a 28 MW solar plant in Kyushu and offers a range of energy services to corporate power users in Japan.
Gavin Adda, CEO of Peak Energy, stated, “This acquisition further cements our position in Japan, where we are now uniquely positioned to serve large power consumers with cheap, clean energy at the scale they require and within the timeframe they need to meet their climate objectives.”
Peak Energy is committed to delivering clean, affordable, and reliable power solutions across Asia, with over 200 MW of solar projects and 298 MWh of battery storage capacity in operation or under construction.
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