Peak Energy, a pan-Asian renewable energy developer and Independent Power Producer (IPP), has announced the acquisition of 11 MW of ready-to-build high-voltage solar projects across Japan. These projects, located in Chubu, Chugoku, Hokkaido, and Kansai, are set to be operational by 2027. They are expected to generate over 13 GWh of clean electricity annually, reducing CO₂ emissions by nearly 6,000 tonnes each year—equivalent to removing approximately 2,000 cars from the road.
The electricity generated will be sold to corporates through long-term power purchase agreements (PPAs) at fixed prices, enabling immediate savings on electricity bills and protection against tariff fluctuations for 20 years. This acquisition marks a significant step in Peak Energy’s expansion in Japan, where the company already co-owns a 28 MW plant in Kyushu.
Gavin Adda, CEO of Peak Energy, stated, “This acquisition reinforces our long-term commitment to Japan. Combined with our broader pipeline of high-voltage assets, it will support our mission to deliver clean, affordable, and reliable energy solutions to businesses nationwide.” Eiji Sato, Country President of Peak Energy in Japan, added, “Given how slowly new supply of large-scale solar capacity is coming on stream in our country, we are excited that we will be able to provide our corporate customers with clean energy within the next couple of years.”
Headquartered in Singapore, Peak Energy is expanding its activities across the Asia-Pacific region, owning over 200 MW of solar projects and 298 MWh of battery energy storage capacity in operation or under construction.
