Citicore

Citicore, through its subsidiary Citicore Renewable Energy Corp. (CREC) is one of the largest solar renewable energy provider with a wide geographical presence having 8 solar assets in Luzon, Visayas and Mindanao.

See below for the Latest Citicore News, Analysis, Profit Results, Share Price Information, and Commentary. 

Citicore appoints new CFO

Lucia Lorenz Roderos was also appointed chief risk officer.

Citicore’s profit slips 21% to $4.73m in H1

Meanwhile, revenue was up 13% thanks to higher electricity sales.

Citicore’s net income up 9% to $15.47m in 2023

Thanks to higher revenues driven by the sale of electricity.

Citicore breaks ground for 69 MWp solar project

The project is set for completion in 2024.

Citicore Renewable Energy Corporation marries agriculture and power generation with AgroSolar project

The initiative ensures small-scale farmers are nurtured and supported amidst the race for sustainable energy.

Citicore Energy REIT gets greenlight to sell ASEAN Green Bond

The proceeds will fund rooftop solar development. 

Arayat-Mexico solar farm to export power to the Luzon grid

This is in time for the demand surge during the Philippines’ summer season.