The Renewable Energy REIT Revolution: Citicore Energy’s Resilient Growth
Citicore Energy REIT Corp. (CREIT) exemplifies innovation and sustainability as the Philippines’ first renewable energy-focused REIT. In 2024, CREIT reported a 2% profit…
Renewable energy refers to energy that is generated from natural sources that are continually replenished. This includes sources such as sunlight, wind, rain, tides, waves, and geothermal heat. Unlike fossil fuels, which are finite and contribute to environmental pollution and climate change, renewable energy sources produce little to no greenhouse gas emissions during operation. Renewable energy technologies harness these natural processes to generate electricity or provide heat for residential, commercial, and industrial use. The main types of renewable energy include solar power, wind power, hydropower, biomass, and geothermal energy. The growing focus on renewable energy is driven by the need for sustainable energy solutions, energy security, and reducing the impact of climate change.
Citicore Energy REIT Corp. (CREIT) exemplifies innovation and sustainability as the Philippines’ first renewable energy-focused REIT. In 2024, CREIT reported a 2% profit…
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