Philippines’ DOE gives go-ahead for Citicore to pursue five hydropower projects

Developer Citicore Power Inc. has received authorization from the Philippines’ Department of Energy to pursue five pumped-storage proposals within the country’s Luzon region.

The approval gives Citicore the ability to begin the pre-development stage, which includes permitting and assorted studies associated with the yet-unnamed hydropower projects. Combined, the plants will have an output capacity of about 2,300 MW.

“Citicore Power saw an opportunity to develop clean energy from renewable sources that will invigorate the country’s energy mix,” vice president Manolo Candelaria said in a statement. “Through the projects, the company aims to provide an answer to the increasing demand for power in the Philippines.”

The plants will complement Citicore’s other renewable fleet, which will eventually include about 1,000 MW of solar, biomass and wind projects.

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