PBBM: Gov’t Racing to Catch Up on Private Sector Renewable Energy Strides
Manila: President Ferdinand R. Marcos Jr. on Monday said the government must move faster to match the pace of innovations by private firms in the renewable energy (RE) sector. Marcos issued his observation during the switch-on of Citicore Solar Batangas 1, the Philippines’ first baseload solar power plant, in Tuy town. The President said the project demonstrates how private sector expertise can deliver both clean energy and food security. According to Philippines News Agency, Citicore Renewable Energy Corporation (CREC), a leading pure-play renewable energy firm, developed and operates the 197-megawatt-peak Citicore Solar Batangas 1, reinforced by a 320-megawatt-hour Battery Energy