Citicore secures 1-MW contract with JE Hydro and Bio Energy - BusinessWorld Online

The deal with CREC’s retail supply arm, Citicore Energy Solutions, Inc., was signed under the government’s Green Energy Option Program which allows end users to source their electricity needs from preferred renewable energy sources.

The power requirement will be supplied by CREC’s Solar Toledo, which is said to be the largest solar plant in the Visayas located in Toledo City, Cebu and one of the 10 solar facilities operated by CREC. Mr. Tan said that CREC’s continued expansion and diversification of its customer base is consistent with its long-term plan to increase renewable energy usage in the country and its goal of a net zero carbon future.ve years through a steady pipeline of renewable energy sources available for offtake agreements with existing and new customers.

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