Citicore Renewable Energy Corp. (CREC) is selling a portion of its shares to PT Pertamina Power Indonesia (PNRE) to fund its renewable energy (RE) projects in the Philippines and Indonesia. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 31, CREC announced that Citicore Power...
Renewable energy firm Citicore Renewable Energy Corp. (CREC) and San Miguel Global Light and Power Corp. (SGLP) plan to complete their solar plant project by 2026, with construction commencing this year. In a briefing, Oliver Tan, CREC president said that the 153.5-megawatt (MW) solar power project...
Citicore Renewable Energy Corporation (CREC) announced it will launch nine solar projects in Batangas, Pampanga, Pangasinan, and Quezon Province this year, aiming to achieve one gigawatt (GW) of capacity annually. CREC President and CEO Oliver Tan shared in a briefing that the first of these...
Citicore Renewable Energy Corporation (CREC), a leading renewable energy (RE) developer in the Philippines, announced that PT Pertamina Power Indonesia (Pertamina NRE), an Indonesian-based energy firm, has made its first investment in the country. In a disclosure to the Philippine Stock Exchange...
Renewable energy real estate investment trust Citicore Energy REIT Corporation (CREIT) announced plans to complete 32 clean power projects across Luzon and Visayas within the next five years. In a three-year investment strategy report filed with the Philippine Stock Exchange, CREIT stated that...
Citicore Renewable Energy Corporation (CREC) and global photovoltaic (PV) inverter and energy storage system provider Sungrow Power Supply Co., Ltd. have inked a deal for Battery Energy Storage Systems (BESS) to power CREC’s solar projects. In a disclosure to the Philippine Stock Exchange on...
Citicore Energy REIT Corporation (CREIT), the country’s only renewable energy real estate investment trust, posted a two percent improvement in net income, reaching P1.04 billion in the first nine months of 2024, up from P1.02 billion in the same period last year. In a disclosure to the...
Renewable energy developer Citicore Renewable Energy Corporation (CREC) has signed a two-gigawatt (GW) solar module supply contract with leading smart PV and energy storage solutions provider Trinasolar Co., Ltd. The agreement, disclosed to the Philippine Stock Exchange on Tuesday, Nov.12, will see...
Solar developers are literally and figuratively hungry – hungry for land and hungry for vault-breaking investment deals. The best part? They do these things with a smirk: hey, “we’re saving the planet!” Perhaps if there’s a conversation among cows and goats which used to be happily...
Citicore Renewable Energy Corp. (CREC) has partnered with Levanta Renewables to develop an onshore wind portfolio in the country. Through its subsidiary, Citicore Wind Energy Corp. (CWEC), CREC said it will collaborate with Levanta on four onshore wind projects in Luzon and Visayas. CREC said...
The Department of Energy (DOE) has issued certifications for energy projects of national significance (CEPNS) to at least 13 major renewable energy (RE) projects of publicly listed Citicore Renewable Energy Corp. (CREC) - and that will enable the company to fast-track commercial development of...
Giant lender BDO Unibank Inc. has extended P5.6 billion project funding to the 197-megawatt Tuy solar project of Saavedra-led Citicore Renewable Energy Corporation (CREC), a Filipino firm that is calculatedly cementing its stature to become the biggest solar farm developer in the country with its...
