Trina Solar, Citicore join forces to ramp up solar capacity in Philippines
MANILA, Philippines — Chinese PV and smart energy total solutions provider Trina Solar has entered into a partnership with the Citicore Group to help ramp up the country’s solar capacity.
A master services agreement was signed by both parties for the supply of 700 megawatts (MW) worth of solar modules.
The solar modules will be used for Citicore Renewable Energy Corp.’s (CREC) upcoming solar plants across the Philippines, to be delivered in 2024.
The power plants are part of CREC’s one-gigawatt (GW) project pipeline for the first year leading toward its goal of five GW in five years.
The strategic procurement will also help build CREC’s committed capacity in connection with the government’s Green Energy Auction Program.
“The procurement of PV panels from Trina Solar is part of our efforts to secure high-quality and efficient technology for our projects,” CREC president and CEO Oliver Tan said.
“This will help us move toward our goal of one GW per year of renewable energy capacity as per our commitment to the Filipino people,” he said.
The Citicore Group is among the largest, vertically integrated renewable energy advocates in the country.
Among the companies under its umbrella are engineering, procurement, and construction arm MCC-Citicore Construction Inc. and renewable energy operator CREC.
Trina Solar Asia Pacific president Todd Li said the latest agreement is the company’s second collaboration with CREC.
Trina Solar’s first project with CREC was the deployment earlier this year of solar PV modules for the latter’s 125-MWp Lumbangan solar power plant and the 72-MWp Luntal solar power plant in Batangas.
“We are pleased with this opportunity to work together again and it is testament to CREC’s trust in us and our smart energy solutions. Through the successful implementation of this agreement, we look forward to strengthening our relationship with Citicore and continuing to work closely together to help the Philippines transition to renewable energy,” Li said.
Trina Solar said the Philippines possesses vast potential to cultivate solar energy to meet its rising energy needs.
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