Citicore breaks ground on 680-megawatt Philippines solar plant

Manila Standard:

Citicore Renewable Energy Corp. on Tuesday broke ground on its P21-billion, 680-megawatt solar power plant in Tuy, Batangas, becoming the largest among the company’s renewable energy portfolio.

It is also the biggest RE project to be constructed in Batangas province. It will be constructed in two phases over two years and is expected to provide a much-needed boost to the Luzon grid after its completion.

“CREC is committed to invest and develop more solar plants in the long run and help expand the country’s total renewable energy capacity. In fact, we have upsized our solar energy project pipeline alone by more than three times, from 1.5 gigawatts to 5GW, in the next five years,” CREC president and chief executive Oliver Tan said during the plant’s groundbreaking ceremony.

The company is capitalizing on technological hardware to augment and stretch the benefits of its solar power inventory.

“We are also investing in the battery energy storage system to extend the life of solar energy beyond daytime and offer more competitive alternatives to end-users,” said Tan.

[Alena Mae Flores]

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