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’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 raises $89m Billion from CREIT shares sale to SMIC
SMIC acquires a 28.79% stake in CREIT.
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.
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5 China Resources Power projects in Cangnan, Dengfeng, Hezhou, Jinzhou, and Ningwu win at Asian Power Awards 2024
![5 China Resources Power projects in Cangnan, Dengfeng, Hezhou, Jinzhou, and Ningwu win at Asian Power Awards 2024]()
Co-Written / Partner
The power company’s achievement was in recognition of the significant milestones of its power plants and wind farm project.
The power company’s achievement was in recognition of the significant milestones of its power plants and wind farm project.
Commentary
South Korea needs to accelerate renewable energy adoption to fuel Artificial Intelligence and semiconductor sectors