CREC doubles capital spend to $2B to rack up 3,000 MW

Citicore Renewable Energy Corp. (CREC) intends to spend about $2 billion this year as it sets a bolder target of hitting 3,000 megawatts of capacity by the end of 2026. The earmarked capital is twice last year’s $1 billion, according to CREC CEO Oliver Tan. This, as the company hopes to exceed its initial goal