Renewables
Citicore secures $552 million for 900 MW solar, 120 MWh storage portfolio in Philippines
CEII brief
pv magazine reported on 26 Oct 2026: Citicore secures $552 million for 900 MW solar, 120 MWh storage portfolio in Philippines.
Read the full story on pv magazineBank of the Philippine Islands, Land Bank of the Philippines and Development Bank of the Philippines have provided PHP 35.014 billion ($552 million) in financing for a portfolio of five solar projects totaling 900 MW and 120 MWh of battery storage in the Philippines.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
22.6% of electricity in Philippines was renewable in 2021Countries in this story
Original reporting © pv magazine. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
