Citicore Renewable Energy Corporation

1 Job • Clean Energy & Renewables

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Citicore Renewable Energy Corporation (CREC) is a wholly-owned subsidiary of Citicore Power, Inc (CPI). CREC is a publicly-listed, leading pure renewable energy developer and operator of solar, hydro, and wind energy platforms in the country.

CREC currently operates a total of ten (10) solar power plants and micro-grid solar rooftop systems with total aggregate capacity of 285 MWdc strategically located across the country.

These solar facilities include Citicore Solar (CS) Bulacan, Inc., CS Bataan, Inc., CS Tarlac 1, Inc., CS Tarlac 2, Inc., Clark Solar Farm, Inc., CS South Cotabato, Inc., CS Cebu, Inc., CS Negros Occidental, Inc., Arayat-Mexico Solar Farm (a joint venture with ACEN), and solar rooftop systems in Bataan.

The company also ventured into the development of run-of-river (ROR) hydro in Ilaguen, Isabela. It has secured wind energy service contracts for at least seven off-shore wind projects.

CREC also has over 5 Gigawatts of project pipelines in varying stages of development.

CREC is the first AgroSolar-Social renewable energy generating company in the Philippines that responsibly harnesses sun and land resources through its pioneering Agrivoltaic technology, providing additional livelihood to the community.

Through its pioneering AgroSolar Initiative, CREC integrates solar power generation with agricultural crop production to provide positive energy, sustainable livelihood to small farmers, and assists with the country's food production needs. The companys Agrosolar Initiative ensures that host communities are not displaced by the race for renewable energy, but rather empowered as they remain integral to the countrys economic growth and development.

CREC is the sponsor of the Citicore Energy REIT Corp. (CREIT), the country's first renewable energy REIT listed in the Philippine Stock Exchange (PSE). CREIT has approximately 7.1 million square meters in gross leasable space as of the September 2023, and is one of the top investment platforms with a consistent 100% occupancy since its IPO listing in 2022.

With a passionate and empowered workforce and backed by a strong ESG structure, CREC is leading the clean energy revolution in the Philippines.