Berde Renewables
Berde Renewables is a Philippines-based distributed solar energy company offering zero-CAPEX Power Purchase Agreements, EPC, O&M, and battery storage to commercial, industrial, and institutional customers. Backed by I Squared Capital, it operates across the Philippines and is expanding into Thailand and Southeast Asia.
- Company typePrivate
- Founded2017
- HeadquartersPasig, Philippines
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Berde Renewables does
Berde Renewables Inc. is a Philippines-based distributed renewable energy solutions provider focused on commercial, industrial, institutional, and government customers. Founded in 2017 and operating from Pasig/Manila, the company is a portfolio company of I Squared Capital, a global infrastructure investment manager with approximately $50 billion in assets under management. Berde develops, finances, constructs, owns, and operates solar photovoltaic systems, battery energy storage, microgrids, and hybrid energy solutions, with a national footprint spanning Luzon, Visayas, and Mindanao and an emerging regional presence in Thailand via a joint venture with PSS Group.
The company's core offering is a Build-Own-Operate-Transfer (BOOT) Solar Power Purchase Agreement (PPA) under which Berde finances, installs, and operates rooftop or ground-mounted solar systems on customer premises under contracts typically ranging from 10 to 25 years. Customers purchase the generated electricity at fixed tariffs reportedly 30-50% below prevailing grid rates with no upfront capital outlay. Complementary service lines include Solar EPC for customers preferring direct ownership, ongoing operations and maintenance, asset management, and battery storage. Technology components are sourced from established third-party suppliers including Jinko solar modules and Huawei inverters and battery systems.
Berde monetizes primarily through long-duration recurring PPA revenue, supplemented by EPC project fees and ongoing managed services. Go-to-market combines direct enterprise sales targeting factories, malls, and large commercial facilities with partnership channels including landowners, property developers, co-developers, and provincial governments. As of April 2026, the company reports 127.53 MW of contracted capacity under signed PPAs, 37.17 MW energized, 68.49 MW under construction, and a 200 MW development pipeline, with a stated ambition to reach 500 MW of portfolio capacity by 2028.
Berde Renewables firmographics
Firmographics- Name
- Berde Renewables
- Legal name
- Berde Renewables Inc.
- Website
- https://berderenewables.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Berde Renewables is a Philippines-based distributed solar energy company offering zero-CAPEX Power Purchase Agreements, EPC, O&M, and battery storage to commercial, industrial, and institutional customers. Backed by I Squared Capital, it operates across the Philippines and is expanding into Thailand and Southeast Asia.
- Ownership category
- akta.pro rank
Berde Renewables industry classification
Industry- Product category
- Solar Energy Services
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE), Utility-Scale BESS EPC & Integration (EUAEAEAA)
Keywords
Where Berde Renewables is headquartered
LocationHeadquarters
- HQ city
- Pasig
- HQ country
- Philippines
- HQ region
- Asia
Offices2 records
Markets served
Berde Renewables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Solar Power Purchase Agreement (PPA): Long-term power purchase agreements (typically 10-25 years) where Berde Renewables owns, operates, and maintains solar installations on customer premises. Customers purchase the electricity generated at fixed rates, typically below grid rates, providing cost savings and price stability. Revenue is recurring based on energy consumption over contract duration.
- EPC (Engineering, Procurement, Construction) Services: Design, construction, and installation of solar energy systems for customers who prefer to own systems or through partnerships.
- Asset Management and O&M: Ongoing operations and maintenance services for installed solar systems, providing recurring service revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Zero-CAPEX Solar PPA |
| Unit Pricing | One time/ perpetual license | Solar EPC (Ownership Option) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Berde Renewables product offering
Product offeringCore offering
Berde Renewables finances, develops, installs, and operates distributed rooftop and ground-mounted solar PV systems on customer premises under long-term Power Purchase Agreements (typically 10–25 years), enabling commercial and industrial customers to procure electricity at fixed rates below grid prices with zero upfront capital expenditure. The offering is delivered through a Build-Own-Operate-Transfer (BOOT) model and is complemented by EPC construction, operations and maintenance, asset management, battery energy storage, and microgrid solutions.
Product overview
Berde Renewables is a distributed renewable energy solutions provider offering a comprehensive suite of services centered on Solar Power Purchase Agreements (Solar PPA) as the core product. The company delivers end-to-end solutions including Solar EPC, Solar PV Operations and Maintenance, Asset Management, and Battery Storage, complemented by Rooftop Solar, Ground-Mount Solar, and Microgrid Solutions. The service architecture follows a Build-Own-Operate-Transfer model where Berde finances, develops, installs, and operates solar installations under long-term PPAs (10-25 years), enabling commercial and industrial customers to adopt clean energy with zero upfront costs. The platform operates across Luzon, Visayas, and Mindanao in the Philippines with expansion into Thailand through a joint venture with PSS Group.
Differentiator
Problem solved
Functional benefit
Brands
- Berde Rooftop: A sub-brand focused on rooftop solar installations as part of Berde Renewables' distributed renewable energy solutions.
Products and services
- Solar Power Purchase Agreement (Solar PPA) Solar PPA is the primary service offering where Berde Renewables finances, develops, installs, and operates rooftop or ground-mounted solar PV systems on customer property under a long-term contract (typically 10–25 years). Customers purchase the electricity generated at a fixed rate, enabling commercial and industrial customers to adopt clean energy with zero upfront capital expenditure.
- Solar EPC (Engineering, Procurement, Construction) End-to-end solar installation services covering project design, permitting, procurement of equipment (including Jinko solar modules and Huawei inverters), and construction management for commercial and industrial solar projects. Offered for customers who prefer direct ownership rather than a PPA.
- Solar PV Operations and Maintenance Ongoing operations and maintenance services for installed solar PV systems, ensuring optimal performance, longevity, and maximum energy yield across the asset lifecycle.
- Asset Management Management and monitoring services for renewable energy assets, including performance tracking, risk management, and reporting across the operational portfolio of installed systems.
- Battery Energy Storage Solutions Battery energy storage solutions integrated with solar PV installations to enhance reliability, enable energy independence, and support grid stabilization through grid-forming inverter technology.
- Microgrid Solutions Stand-alone solar power systems with battery storage designed for off-grid and island communities, providing generation and local distribution of green energy in areas with unstable or inadequate grid supply. Targeted at provincial governments and electric cooperatives.
Quantifiable outcome
- Up to 50% reduction in electricity rates per kWh under solar PPA model
- +5 more outcomes
Companies that use Berde Renewables
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
Berde Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Berde Renewables partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, growth, supporting, key and flagship.
- KCC MallscoreOne of the largest mall operators in Mindanao. 8.4 MWp solar PPA covering KCC Mall Gensan, KCC Mall Marbel, and KCC Mall Zamboanga. Expected to generate ~13 million kWh annually with significant energy cost savings.
- Biotech FarmscoreLeading agro-industrial company in Mindanao. 8.4 MWp solar PPA for South Cotabato facility. Partnership strengthens Biotech Farms' commitment to circular economy principles and sustainable farming practices.
- Northern Samar Provincial GovernmentgrowthProvincial government exploring partnership for stand-alone solar power systems and microgrids to improve electricity supply in island municipalities and underserved areas of Northern Samar province.
- Northern Samar Electric Cooperative (Norsamelco)growthLocal electric cooperative endorsing Berde's solar project for Northern Samar and offering to supply excess energy if solar panels underperform due to rainfall.
- Department of Environment and Natural Resources (DENR)supportingEnvironmental government agency. Joint tree planting initiatives aligned with DENR's National Greening Program. Over 1,135 trees planted in Bulacan and La Union.
- Department of Energy (DOE)keyPhilippines government agency overseeing energy policy. Berde engaged with DOE's Solar Energy Management Group (SEMG) and participated in discussions on national renewable energy program and policies promoting energy self-reliance.
- Board of Investments (BOI)keyPhilippines government investment promotion agency. Berde engaged with BOI's Investment Assistance Center, discussing fiscal incentives for projects under the Strategic Investment Priorities Plan.
- Huawei PhilippinessupportingTechnology partner for Battery Energy Storage Systems (BESS) innovation. Huawei's Business Development and Senior Solution Manager participated in Berde's Collaboration Summit discussing grid-forming inverters and grid integration.
- MeralcosupportingPhilippines largest electricity distribution utility. Meralco's First VP and Head of Networks discussed grid integration and DER connection at Berde's Collaboration Summit.
- Power Systems and Solutions Co. Ltd. (PSS Group)flagshipThailand-based renewable energy developer and EPC contractor with 105MW of experience and 198+ MW delivered across the region. Joint venture to co-develop 300 MW of renewable projects in Thailand over 3 years, combining Berde's clean energy technologies with PSS's engineering expertise.
- Holcim PhilippinescoreLeading building solutions company in the Philippines. Berde developed 5.5 MWp solar rooftop projects at Holcim's Bulacan and La Union plants in 2023, later expanded to 12.79 MWp covering Davao City and Lugait facilities. Supports Holcim's goal to reduce Scope 2 emissions by 65% by 2030.
- Big E Food CorporationcoreLeading Filipino food manufacturing company (Lemon Square maker). 1.685 MWp rooftop solar system at Meycauayan plant under 25-year PPA. Projected to reduce carbon emissions by 1,166 tons annually.
Scale indicators12 records
Recent moves6 records
Expansion highlights8 records
Berde Renewables competitors and assessment
Company assessmentDirect peers
- Solar Philippines: Solar Philippines is one of the largest solar developers in the Philippines, active in both utility-scale and rooftop/commercial projects. It competes directly with Berde Renewables for C&I solar PPA customers and project sites across Luzon, Visayas, and Mindanao.
- Cleantech Solar: Cleantech Solar is a leading pan-Asia C&I solar PPA provider operating across Southeast Asia (including the Philippines, Singapore, Thailand, Vietnam, Indonesia, and Malaysia). It directly mirrors Berde's Build-Own-Operate zero-CAPEX model for enterprise customers.
- SUN Energy: SUN Energy is a major distributed solar developer in Indonesia delivering C&I solar PPA solutions across Southeast Asia. It is closely comparable to Berde in business model (solar PPA, EPC, O&M), target customer (C&I), and SEA geographic focus.
Broad incumbents
- ACEN (AC Energy): ACEN is the Ayala Group's listed renewable energy platform in the Philippines with a multi-gigawatt portfolio across solar, wind, and storage. It is a broader incumbent that overlaps with Berde in Philippine solar development and competes for large C&I and utility-scale customers.
- Citicore Renewable Energy Corporation (CREC): Citicore is a Philippine solar and renewable energy developer with utility-scale and commercial solar projects. It overlaps with Berde on Philippine C&I solar customers and competes for both project sites and long-term PPAs.
- ENGIE (Southeast Asia renewables): ENGIE is a global utility with significant distributed solar and renewable energy operations across Southeast Asia, including commercial and industrial solar PPAs in the Philippines and surrounding markets. It is a broader incumbent competitor for enterprise customers.
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- TotalEnergies (SunPower Asia):
Regional players
- Sembcorp Industries (Sembcorp Solar): Sembcorp is a Singapore-based energy and urban development group with renewable energy and solar operations across Southeast Asia. It is a regional peer operating comparable C&I and utility-scale solar projects, primarily in markets adjacent to Berde's Philippine core.
- Sunseap / EDP Renewables Asia: EDP Renewables, through its Sunseap heritage, operates distributed solar and C&I solar PPA businesses across Southeast Asia including Singapore, Malaysia, Thailand, and Vietnam. It is comparable in model and customer type, although its core geographies are partly adjacent to Berde's Philippine focus.
Emerging players
- Conergy Asia: Conergy is a regional solar developer with EPC and project development capabilities across Asia-Pacific. It is an emerging competitor in distributed C&I solar that overlaps with Berde's EPC and project development service lines.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Berde Renewables social profiles
Digital presenceBerde Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Berde Renewables leadership team
Management profileNumber of profiles
Profiles5 records
Berde Renewables funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Berde Renewables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Berde Renewables
What does Berde Renewables do?
Berde Renewables finances, develops, installs, and operates distributed rooftop and ground-mounted solar PV systems on customer premises under long-term Power Purchase Agreements (typically 10–25 years), enabling commercial and industrial customers to procure electricity at fixed rates below grid prices with zero upfront capital expenditure. The offering is delivered through a Build-Own-Operate-Transfer (BOOT) model and is complemented by EPC construction, operations and maintenance, asset management, battery energy storage, and microgrid solutions.
Is Berde Renewables a public or private company?
Berde Renewables is a private company. It is classified as private equity controlled and is currently operating.
When was Berde Renewables founded?
Berde Renewables was founded in 2017. It employs 11 to 50 people.
Where is Berde Renewables based?
Berde Renewables is headquartered in Pasig, Philippines, in the Asia region.
How does Berde Renewables make money?
Three revenue lines are on record. Solar Power Purchase Agreement (PPA) is the primary driver. The others are EPC (Engineering, Procurement, Construction) Services and asset Management and O&M.
Who are Berde Renewables's main competitors?
Direct peers on record are Solar Philippines, Cleantech Solar and SUN Energy. Broad incumbents are ACEN (AC Energy), Citicore Renewable Energy Corporation (CREC) and ENGIE (Southeast Asia renewables). TotalEnergies (SunPower Asia) is listed as a BROAD_INCINCUMBENT".replace("INCINCUMBENT. Regional players are Sembcorp Industries (Sembcorp Solar) and Sunseap / EDP Renewables Asia. Conergy Asia is listed as an emerging player.
Does Berde Renewables have an API?
No public API is recorded for Berde Renewables.
What industry is Berde Renewables in?
Berde Renewables's product category is Solar Energy Services. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4991.