Smart energy total solutions provider Trina Solar has been tapped by Citicore Group to supply solar modules for Citicore Renewable Energy Corp.’s (CREC) solar power projects.
Under the agreement, the engineering, procurement, and construction (EPC) arm of the group, MCC-Citicore Construction Inc. (MCC-CCI), will purchase 700 megawatts (MW) worth of high-power, high efficiency Vertex DE21 modules for CREC’s upcoming solar plants across the Philippines, to be delivered in 2024.
The agreement was signed by Trina Solar Asia Pacific President Todd Li and MCC-CCI President Alreetz Santander at Trina Solar’s headquarters in Changzhou, China.
The said power plants are part of CREC’s one gigawatt (GW) project pipeline for the first year leading towards its goal of 5GW in five years, and the strategic procurement will help build CREC’s committed capacity in connection with the government’s Green Energy Auction Program.
“The procurement of PV panels from Trina Solar is part of our efforts to secure high-quality and efficient technology for our projects,” said CREC President Oliver Tan. “This will help us move towards our goal of 1GW per year of renewable energy capacity as per our commitment to the Filipino people,” he added.
The deal marks the second collaboration between the two firms. Trina Solar’s first project with CREC was the deployment earlier this year of solar PV modules for the latter’s 125 megawatt peak (MWp) Lumbangan solar power plant and 72MWp Luntal solar power plant in the Municipality of Tuy, Batangas.
“We are pleased with this opportunity to work together again and it is testament to CREC’s trust in us and our smart energy solutions. Through the successful implementation of this agreement, we look forward to strengthening our relationship with Citicore and continuing to work closely together to help the Philippines transition to renewable energy,” said Li.
The Philippines, he added, is a market with strong potential to harness solar energy for both consumer use and power production. “We see enormous opportunities for deployment of solar to help the nation move towards a green net-zero future,” Li said.
Vertex is Trina Solar’s flagship product range. Vertex modules are compatible with TrinaTracker’s smart trackers; delivering high customer value, reliability, energy yield with a lower levelized cost of energy and lower balance of system cost.