Shell Energy Philippines will procure 20 MW of solar power from Citicore Power, a renewable energy supply and solutions company. Citicore Solar Bataan will supply Shell with renewable energy produced by its solar plant in Mariveles, Bataan. Shell Energy Philippines, which was formerly Manta Energy, is a retail electricity supplier under the Shell Group offering energy solutions to businesses in the Philippines.
Citicore continues to develop new renewable energy sources and plans to increase its portfolio five-fold over the next five. Since it started its solar plant operations, Citicore already generated 1.077 billion kWh of energy. This has helped avoid about 763,200 metric tons of reduced carbon emissions.
According to the Department of Energy (DoE), renewable energy accounted for 33 per cent of the country’s Total Primary Energy Supply in 2019. In terms of the country’s power capacity mix, renewable energy’s share as of 2020 stands at 29.2 per cent, with hydro contributing the most at 14.6 per cent and followed by geothermal 7.5 per cent, solar at 4 per cent, wind at 1.7 per cent, and biomass at 1.4 per cent.
The country’s energy grid continues to shift away from traditional sources and further to renewable ones. New targets have been set to further ensure the goal is attained. Earlier in February, the DoE renewed its RE targets in its latest National Renewable Energy Program (NREP). From a 54 per cent target by 2040, announced last December, the updated NREP proposed a target of 55.8 per cent by 2040 and 37.3 per cent by 2030. The current NREP, spanning from 2011 to 2030, targets to bring the share of RE to 35 per cent by the end of that period.