DOE scraps P24B solar deals tied to Rep Leviste
DOE cancels Solar Philippines contracts, slaps ₱24B penalty on Leviste firm, axing 11,000MW and risking power shortages nationwide.
Solar Energy
Citicore Secures $68M Loan for New Pangasinan Solar Plant
Citicore Renewable Energy Corporation has secured a Php 3.975 billion (approximately US$68 million) loan from the Bank of the Philippine Islands (BPI) to finance the construction of its newest solar energy facility in Pangasinan, the 113-megawatt Citicore Solar Pangasinan 2. The project is a key component of the country’s accelerating transition toward renewable power and … Read more