Citicore Power, Inc. said it would soon begin breaking ground for its solar power plant project in Pampanga, alongside rebranding efforts.
Based on a report from The Philippine Star, Citicore indicated that it aims to begin construction within the quarter.
Located in the towns of Arayat and Mexico, the project is a 50-50 joint venture between Citicore, an affiliate of Megawide Construction, and AC Energy (ACEN), the Ayalas’ power generation arm. ACEN will finance Php2.68 billion for the construction of the 50MWac facility, which is targeted to be operational by November.
The report further said that Citicore has partnered with Technical Education and Skills Development Authority’s (TESDA) office in Concepcion, Tarlac to provide Electrical Installation and Maintenance NC II Training Course to the first batch of 28 trainees.
Citicore corporate affairs head Maricris Cabalhin said that the company came up with a Training-2-Employment (T2E) program to hone the technical skills of those living in communities near the project site with the intention of getting them into green-collar jobs such as working in solar plants.
The first batch of scholars are slated to begin their on-the-job training in Citicore’s existing solar plants in Pampanga and Tarlac. After graduation, they will be given priority employment during the construction of the new facility.
Citicore President Oliver Tan, meanwhile, said the company supports the creation of more green jobs that can help address the increasing unemployment rate in the country due to the pandemic.
The new solar project comes as Citicore Power rebrands to strengthen its brand value and positioning in the country to make a clear relationship to its parent company, Citicore Holdings.
The rebranding initiative reflects Citicore’s aim to be a significant player in the renewables market by building 1.5 gigawatts in renewables capacity by 2025.