Renewable energy supply and solutions company provider Citicore Power Inc. said Monday it will deliver up to 20 megawatts of clean, solar-based power to Shell Energy Philippines Inc.
Citicore said in a statement Citicore Solar Bataan Inc. would supply Shell with renewable energy through its solar plant in Mariveles, Bataan.
“Citicore and Shell share a mission to provide clean and sustainable energy to meet consumers’ requirements and carbon-free aspirations. Starting with this collaboration, we are looking forward to accelerate and expand the country’s shift to and utilization of renewable energy,” said Citicore president and chief executive Oliver Tan.
Shell Energy Philippines Inc. (formerly Manta Energy Inc.) is a retail electricity supplier under the Shell Group offering competitive and environment-friendly energy solutions to businesses in the Philippines.
Citicore continues to develop new RE sources and plans to increase its RE portfolio five-fold over the next five years to support more customers in their net-zero emissions journeys.
Since it started its solar plant operations, Citicore already generated 1.077 billion kilowatt-hours of energy, equivalent to 763,200 metric tons of reduced carbon emission.
Through its retail supply arm, Citicore Energy Solutions Inc., the output generated was distributed to multinational and domestic companies across diverse industries, which include real estate establishments, transport hubs and steel manufacturing industries.
CESI recently secured Department of Energy approval and was included in the eligible list of renewable energy suppliers under the agency’s Green Energy Option Program.