Citicore solar units granted certificates of compliance
RENEWABLE energy company Citicore Power, Inc. announced that its two solar power subsidiaries, First Toledo Solar Energy Corp. ( FTSEC) and Next Generation Power Technology Corp. ( NGPTC), have been granted certificates of compliance ( COCs) by the Energy Regulatory Commission ( ERC).
The grant of COCs will allow First Toledo and Next Generation to operate their power generation facilities, Citicore said on Tuesday.
It said the ERC awarded the certifications to Next Generation and First Toledo on July 6 and 18, respectively.
Next Generation owns and runs an 18- megawatt solar power plant located within the Freeport Area of Bataan ( FAB) in Mariveles, while First Toledo owns and operates a 60- MW solar power plant in Toledo City, Cebu.
“These COCs enable our two solar plants in Bataan and Cebu to generate electricity that will serve the people. This is in line with one of our goals to become a compliant company that cares for the environment,” said CPI Executive Vice President for Commercial and Development Operations Manolo Candelaria.
In a statement, the Authority of the Freeport Area of Bataan ( AFAB) expressed its strong support for Next Generation’s operation, which is expected to energize more than 22,000 homes in Luzon.
Citicore Power is currently working to secure the COC of its third solar plant in Silay City, Negros Occidental. It is a subsidiary of Citicore Holdings Investment Inc., which is committed to lowering greenhouse gas emissions through solar, wind, hydro, and biomass projects across the Philippines and Asia.