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Friday, April 19, 2024

2 Citicore solar plants cleared

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The Energy Regulatory Commission awarded certificates of compliance to First Toledo Solar Energy Corp. and Next Generation Power Technology Corp. after meeting the requirements to operate their respective power generation facilities.

The two companies, wholly-owned subsidiaries of renewable energy company Citicore Power Inc., received the COCs, a proof that a power plant complies with all the regulations to make it safe to switch on and operate.

Next Generation Power owns and operates an 18-megawatt solar power plant within the Freeport Area of Bataan in Mariveles, while FTSEC owns and operates a 60-MW solar power plant in Toledo City, Cebu.

“These COCs enable our two solar plants in Bataan and Cebu to generate electricity that will serve the people. This is in line with one of our goals to become a compliant company that cares for the environment,” said Manolo Candelaria, Citicore Power executive vice president for commercial and development operations in a statement.

No person or entity may be engaged in generation of electricity unless it has secured a COC from the ERC to operate its new power generation facility.

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Citicore Power is currently working to secure the COC of its third solar plant in Silay City, Negros Occidental that operates under Silay Solar Power Inc..

“With the clearance of our solar plants, Citicore Power sticks true to its mission to produce the most cost-efficient clean energy, promoting inclusive growth and creating opportunities in the communities where we operate,” Citicore Power energy regulations manager Rio Balaba said.

The company said it was committed to the development not only of solar power plants, but also power stations that would use other types of renewable energy sources such as wind, biomass and hydro power.

Citicore Power, a unit of Citicore Holdings Investment Inc., is a renewable energy company committed to reducing greenhouse gas emissions through solar, wind, hydro, and biomass projects across the Philippines and Asia. 

The Authority of the Freeport Area of Bataan, meanwhile, expressed strong support to the operation of Next Generation Power.

The 37-hectare solar power plant of Next Generation Power in the free port is expected to help power over 22,000 homes in Luzon.

“We welcomed the registration of NGPTC and CPI in 2014, as we know that the solar power project will definitely support FAB’s vision to become the free port of choice by 2020,” AFAB chairman and Administrator Emmanuel Pineda said.

“Today, we at the AFAB are glad to know that the 18-MW solar plant will be able to help the free port and the country soon to address power concerns. We congratulate NGPTC and CPI and once again thank them for choosing the FAB,” the chairman added.

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