Citicore Renewable Energy Corp. (CREC) and partner Levanta Renewables expect to complete their first 45-megawatt onshore wind project in Camarines Sur next year.
The project is the first of a four-project onshore wind portfolio in the Philippines being developed by Citicore subsidiary Citicore Wind Energy Corp. and Levanta. The partnership, backed by sustainable infrastructure investor Actis, aims to build a combined capacity of 375 megawatts across the country.
CREC president Oliver Tan said the company has already awarded the engineering, procurement and construction contract for the Camarines Sur site.
Under the joint venture agreement signed Oct. 18, 2025, the projects will fulfill offtake requirements secured through the Department of Energy Green Energy Auction Program in July 2023.
A second project located in Iloilo is under development with a capacity of 150 megawatts. The facility is targeted for completion in 2029 as part of the broader 375-megawatt rollout.
Tan said wind development requires more technical precision than the company’s solar portfolio due to the specific nature of the resource. He said that while solar radiance is relatively consistent across the Philippines, wind resources require high-precision placement to be effective.
