Citicore Power’s solar plants OKd | Inquirer Business

Citicore Power’s solar plants OKd

Citicore Power Inc. (CPI) said the industry regulator has given the green light to two solar power facilities of its subsidiaries operating in Bataan and Cebu.

The renewable energy firm said in a statement the Energy Regulatory Commission (ERC) issued respective certificates of compliance (COC) to New Generation Power Technology Corp. (NGPTC) for its 18-megawatt (MW) plant in Bataan, and to First Toledo Solar Energy Corp. (FTSEC) for its 60-MW plant in Cebu.

The COCs meant that both subsidiaries were complying with all the necessary permits and requirements to operate their power generation facilities, CPI said.

Article continues after this advertisement

“These COCs enable our two solar plants in Bataan and Cebu to generate electricity… in line with one of our goals to become a compliant company that cares for the environment,” CPI executive vice president Manolo T. Candelaria said.

FEATURED STORIES

NGPTC owns and operates a solar power plant located within the freeport area of Bataan in Mariveles, while FTSEC owns and operates another in Toledo City.

According to CPI, the Mariveles facility alone is expected to power 22,000 homes connected to the Luzon grid.

Article continues after this advertisement

CPI also said the Bataan plant is expected to help avoid 13,000 metric tons of carbon emissions per year, equivalent to the effect of planting 600,000 trees.

Article continues after this advertisement

The company is currently working to secure the COC of its third solar plant located in Silay City, Negros Occidental.

Rio Q. Balaba, CPI energy regulations manager, said the company was positioning itself as a producer of “the most cost-efficient clean energy, promoting inclusive growth and creating opportunities in the communities where we operate.”

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: renewable energy

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.