Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Renewable Solar

CREC secures PHP20 billion financing for solar projects from RCBC

editor by editor
April 22, 2024
in Solar
Reading Time: 1 min read
0
CREC solar
Share on FacebookShare on TwitterShare on Linkedin

Citicore Renewable Energy Corporation (CREC) has secured a debt funding deal with Rizal Commercial Banking Corporation (RCBC) covering a portfolio of up to 1 GW DC of solar photovoltaic projects in the Philippines.

The deal, totalling approximately PHP 20 billion in funding, was arranged by RCBC Capital Corporation, with the initial instalment amounting to PHP 9 billion receiving approval. The loan facility is the first of its kind in the country encompassing a large portfolio of various projects rather than a single scheme. The fresh proceeds will facilitate the deployment of at least 600 MW DC and a maximum of 1 GW DC of solar PV capacity. Funds from the initial tranche will go for solar projects in the Batangas, Pampanga, and Negros Occidental provinces, to be installed in phases in 2024 and 2025, respectively.

RELATED POSTS

Solar and Wind Outpace Coal and Nuclear in Power Generation

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

Tags: CREC solarRCBCSolar PV
ShareTweetShare
editor

editor

Related Posts

Solar and Wind

Solar and Wind Outpace Coal and Nuclear in Power Generation

by Palak
August 28, 2025
0

Washington DC – A review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA)...

Jakson Engineers

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

by Palak
August 26, 2025
0

New Delhi : Jakson Engineers Limited is investing over ₹8,000 crore to establish a 6 GW Integrated Solar Module, Cell &...

Jupiter

Jupiter International to set up solar manufacturing facility in Maharashtra

by Palak
August 26, 2025
0

Jupiter International Limited has inked a MoU with the Maharashtra government to establish a vertically integrated solar manufacturing facility at...

Oriana Power

Oriana Power Inks Deal for Solar-Plus-Storage Project

by Palak
August 22, 2025
0

Oriana Power has signed an agreement to develop a 75 MW solar power plant integrated with a 111.57 MWh battery...

Jupiter International

Jupiter International to Set Up Integrated Solar Manufacturing Facility in Maharashtra Under MoU

by Palak
August 22, 2025
0

Jupiter International Limited has signed a memorandum of understanding (MoU) with the Maharashtra government to establish a vertically integrated solar...

Next Post
SJVN Green Energy

IREDA Opens Foreign Currency Debt Office in GIFT City to Bolster Green Energy Financing

Inox Wind

Inox Wind secures 210 MW repeat order for 3 MW WTGs from Hero Future Energies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Hisense

Hisense Launches UX ULED RGB-MiniLED TV Series in India

August 28, 2025
VinFast

VinFast Rides on India’s Urban Growth for Expansion

August 28, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Hisense Launches UX ULED RGB-MiniLED TV Series in India

VinFast Rides on India’s Urban Growth for Expansion

Technological Innovations Driving the Future of Absorption Chillers

Solar and Wind Outpace Coal and Nuclear in Power Generation

Key Challenges Hindering Growth of the Waterjet Cutting Machines Market

Jakson Engineers to Invest ₹8,000+ Crore in 6 GW Integrated Solar Manufacturing Facility in Madhya Pradesh

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved