680 MW Philippines Solar Plant Enters Construction

Citicore Renewable Energy Corporation Breaks Ground On 680 MW Solar PV Project In Batangas, To Come Online By 2024

680 MW Philippines Solar Plant Enters Construction

CREC is building a 680 MW solar project in Batangas, Philippines calling it the company’s largest PV project to date. Pictured is 72 MW Arayat-Mexico Solar Farm by Citicore and ACEN joint venture that came online in March 2022 in the Philippines. (Photo Credit: Citicore Renewable Energy Corporation)

  • CREC has reportedly started construction on a 680 MW solar power plant in the Philippines
  • It will be located in Tuy, Batangas on 5 million sq. mtr. land parcel to be realized in 2 phases
  • On completion by 2024, the PHP 21.6 billion project will supply solar power generated to Luzon

Philippines based Citicore Renewable Energy Corporation (CREC) has started the construction of the largest solar power plant in the company’s portfolio with 680 MW capacity in Batangas, Philippines, to be delivered in 2 phases.

Local media cited a company statement to report that the project in Tuy region will provide Luzon power grid with ‘needed capacity’ when it comes online by 2024. The project is coming up on a 5 million sq. mtr. land parcel.

CREC expects to invest PHP 21.6 billion ($397 million) on realizing the project with the help of Citicore Construction Inc and Megawide Construction Corp. During the construction phase, the facility is expected to create around 2,400 jobs.

CREC President and CEO Oliver Tan reportedly said the company plans to invest in and develop more solar energy plants to expand its renewable energy capacity. CREC says it has upsized the company’s solar energy project pipeline by more than 3 times, ‘from 1.5 GW to 5 GW in the next 5 years’.

Investment in battery energy storage systems (BESS) is also on the cards for CREC as it targets to extend the life of solar energy beyond daytime and offer more competitive alternatives to end users.

In February 2021, Solar Philippines proposed to build 2 GW solar PV project with 6,000 MWh BESS capacity along with 600 MW diesel back up in Batangas (see 2 GW Solar & Storage Facility Proposed In Philippines).

About The Author

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews. Anu is our solar news whirlwind. At TaiyangNews she covers everything that is of importance in the world of solar power.

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