Citicore's Solar Power Surge in Pangasinan, Philippines
- Citicore Renewable Energy Corporation embarks on a groundbreaking 240-MW solar park project in Pangasinan, Philippines, with plans for further expansion in the province. Powering homes and paving the way for a sustainable future.
Citicore Renewable Energy Corporation has begun construction on a 240-MW solar park project in Pangasinan, Philippines. This marks the company's first photovoltaic project in the province and its second project to enter construction in the country this year. The company also plans to expand in the province by building another solar farm of 270 MW and a 150-MW wind park.
The 240-MW solar farm in Binalonan municipality is expected to generate around 326 GWh annually, enough to power 136,000 homes. The project will be completed in phases, with 168 MW set to go online by the end of this year and the remaining 72 MW scheduled for commissioning in December 2025. Citicore aims to add approximately 1 GW of solar capacity to its portfolio each year for the next five years as it targets a bourse listing.
What are Citicore Renewable Energy Corporation's future plans for solar expansion in Pangasinan?
- Citicore Renewable Energy Corporation plans to build another solar farm in Pangasinan with a capacity of 270 MW.
- The company also intends to construct a 150-MW wind park in the province.
- The 240-MW solar farm in Binalonan municipality is expected to generate around 326 GWh annually, enough to power 136,000 homes.
- The project will be completed in phases, with 168 MW set to go online by the end of this year and the remaining 72 MW scheduled for commissioning in December 2025.
- Citicore aims to add approximately 1 GW of solar capacity to its portfolio each year for the next five years as it targets a bourse listing.
