Citicore, Trina Solar Ink 2 GW Solar Deal

  • Citicore Renewable Energy Corporation signed a 2 GW solar module supply deal with Trinasolar for future solar projects in the Philippines.
  • The agreement supports Citicore’s goal of reaching 5 GW renewable capacity within five years, contributing to the Philippine government’s Green Energy Auction Program.
  • Trina Solar will provide its Vertex N 720W modules, which feature advanced i-TOPCon technology for improved efficiency and lower energy costs.

Citicore Renewable Energy Corporation (CREC), a top renewable energy developer in the Philippines, signed a 2 GW solar module supply deal with Trina Solar. Trina Solar, a global leader in photovoltaic solutions and energy storage, will provide the modules for CREC’s future solar projects. The companies finalised this agreement during a ceremony in Manila, marking their most significant contract.

In upcoming solar projects, CREC plans to use Trinasolar’s Vertex N 720W (NEG21C.20) solar modules. These projects, including the Green Energy Auction Program, support the Philippine government’s renewable energy goals.

CREC sets an ambitious target of reaching 5 GW renewable energy capacity within five years. CEO Oliver Tan confirmed that the first gigawatt is already underway. The new 2 GW deal pushes CREC closer to its goal. CREC has now contracted 3 GW with Trinasolar, strengthening their ongoing partnership.

This collaboration highlights CREC’s commitment to driving the energy transition in the Philippines. CREC’s “Green First World” vision focuses on sustainable, emission-free energy, aligning with national efforts to reduce the country’s carbon footprint and increase renewable energy production.

For Trinasolar, the agreement represents its largest contract in the Philippines. Helena Li, Executive President of Trina Solar, emphasised the trust between both companies and their shared goal of advancing sustainable energy in the Philippines. Trina Solar will supply its advanced Vertex N 720W modules using i-TOPCon cell technology with highly efficient n-type cells. These modules boost energy production and lower the Levelised Cost of Energy (LCOE), a crucial factor for large-scale solar projects.

Several top executives from both companies attended the signing ceremony, including Alreetz Santander, President of Citicore Construction, and Todd Li, President of Trinasolar Asia Pacific. Their presence underscored the deal’s significance for CREC and the country’s renewable energy sector.

Citicore continues to focus on growing its renewable energy capacity through innovative technologies and strategic partnerships. This latest agreement with Trinasolar will help CREC meet the increasing energy demands in the Philippines. The partnership aims to establish new benchmarks for sustainable energy development in the region.

By adding 2 GW from Trinasolar to its portfolio, CREC strengthens its position as a critical player in the Philippines’ renewable energy market. The company remains committed to achieving its 5 GW goal while accelerating the country’s shift to cleaner energy and supporting sustainable growth.

Both CREC and Trinasolar will continue working toward expanding renewable energy solutions, pushing the Philippines closer to a greener and more sustainable energy future.

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