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SM Prime taps Citicore Renewables for the supply of clean energy

CITY OF MALOLOS, Bulacan — SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement recently as a joint commitment to champion renewable energy. 

Through this partnership, SM Prime will source its energy requirements of up to 90 megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas.

The long-term agreement will commence in the first half of 2024.

This is in line with the Retail Competition and Open Access (RCOA) policies of the Department of Energy. (UnliNews Online)

Manny D. Balbin
Manny D. Balbinhttp://unlinews.org
Emmanuel "Manny" Dineros Balbin, founder and editor-in-chief of UNLINEWS ONLINE and UNLINEWS Digital Newspaper, is a former seminarian of Oblates of Mary Immaculate (OMI) in Notre Dame University Seminary in Cotabato City. Graduated college with Philosophy and Political Science courses at the University of Santo Tomas, Legazpi City. A former Journal Group of Publication (People's Journal, People's Tonight, Taliba & Women's Journal) staffer for 17 years. Before, he simultaneously contributed news articles to 3 local newspapers in Bulacan (NewsCore, MetroNews & NewsWatcher). He is the founder and the former editor-in-chief of RONDA Balita, both in weekly newspaper and online news. A former Kabayan provincial reporter, 2010 Bulacan election correspondent by Rappler and presently, a stringer of Philippine News Agency (PNA) Bulacan.
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