CREC signs contract to supply 7.5 MW of solar power to Clark

📆 9/27/2023 10:13 AM
📰 MlaStandard

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Citicore Renewable Energy Corp. (CREC) said Wednesday it signed a partnership agreement to supply Clark Electric Distribution Corp. (CEDC)’s local

CREC said in a statement it would supply the capacity to Cogent Energy from its 16.3-megawatt Tarlac solar power plants.

CREC said that once the Bato solar plant is operational, the partnership will transition into a 10-year power supply contract that will provide 30 MW of the local retail electricity supplier’s needs. “We’re very excited and honored to have CEDC join our growing list of long-term partners, and we thank CEDC for the trusting Citicore to deliver their energy requirements,” he said.

This is also anchored on the DOE’s blueprint of a renewable energy share of 35 percent in the generation mix by 2030 and 50 percent by 2040.

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