A UNIT of Citicore Renewable Energy Corp. will supply renewable energy to a Toyota Motor Philippines Corp. franchisee in Cebu to step up the “acceleration of its customer diversiIn a media release sent over the weekend, CREC said it would supply solar energy for two years to Toyota Motors Cebu through its retail electricity supplier arm Citicore Energy Solutions, Inc., which is listed under the government’s Green Energy Option Program .
“The pace at which renewable energy becomes so relevant among industry leaders and big energy consumers provides an excellent growth opportunity for the entire Citicore organization. Being one of the highly-integrated RE players in the country, we are in a unique position to take advantage of this surge, which we believe we are making signiicer Oliver Y. Tan in a statement.
CREC earlier reported a 250% increase in its customer base from 2016 to 2021, bringing a total of 90 megawatts of contracted supply, including 5.1 MW of renewable energy supplied to partner facilities such as Tutuban Mall in Manila.