Citicore Power’s solar plants get regulatory nod

The two solar plant subsidiaries of Citicore Power, Inc. have secured regulatory nod on its licenses to operate via the issuances of their corresponding certificates of compliance (COCs) by the Energy Regulatory Commission (ERC).

The COCs have been awarded to the 18-megawatt Next Generation Power Technology Corporation (NGPTC) in Bataan; and the 60MW First Toledo Solar Energy Corporation (FTSEC) in Cebu – both wholly owned subsidiaries of Citicore Power.

The award of COC to a power plant company entails that it has been compliant with all the applicable regulations and technical specifications for it to switch on and operate.

Industry regulations prescribe that no power facility can operate, even for those feeding the grid their capacity for the first time, without first securing COC from the ERC, the mandated regulating agency of the restructured electricity sector.

As asserted by Citicore Power Executive Vice President Manolo T. Candelaria, “these COCs enable our two solar plants in Bataan and Cebu to generate electricity that serve the people.”

The next one it has been working on for its operational compliance certificate is its Silay solar farm facility in Negros Occidental.

Citicore Power would want to go big time in the development of renewable energy capacities – not just on solar power facilities, but also for hydro resources as well as wind and biomass technologies.

The company previously made known its plan to pursue up to 2,300 megawatts of hydropower capacity – as anchored on the five service contracts awarded to it by the Department of Energy.

In a related press statement, the Authority of the Freeport Area of Bataan (AFAB) has noted that the COC for the NGPTC would somehow assure them that they could efficiently serve the requirements of the freeport zone.