NOVVA Group has signed an agreement to acquire 100 per cent of the San Jose Solar Power Plant (SJSP) from Mabuhay Power Holdings Corporation. The project is located in Mindanao, Philippines. The plant has an installed capacity of 120 MWp. The agreement marks Novva’s first investment in the Philippines, anchoring its Al-era power platform in Southeast Asia.
The project construction is scheduled to commence in the first quarter of 2027, with commercial operations targeted for 2028. The project is expected to generate more than 200 GWh of clean electricity annually once operational. The project will contribute to the Philippines’ objective of increasing the share of renewable energy in its power mix to 35 percent by 2030.
In June 2026, NOVVA Group signed an agreement to acquire a 37.8 MWac solar portfolio in Colombia from ABO Energy. The portfolio comprises three advanced-stage solar projects located in the Andean highlands of central Colombia. The projects are expected to achieve commercial operation by early 2028.
