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    Philippine Bourse Approves Citicore Renewable Energy's IPO Plan

    Feb 02,2024 | DAXTROMNSOLAR

     

     

    The Philippine Stock Exchange has given its approval for the initial public offering (IPO) plan of Citicore Renewable Energy. The IPO is expected to be launched later this year and will provide the company with an opportunity to raise funds for its expansion plans.

     

    Citicore Renewable Energy is a leading provider of renewable energy solutions in the Philippines. The company offers a range of products and services that enable households and businesses to harness solar power efficiently. One of their standout products is the Daxtromn Power 2XMPPT 140A/160A on-grid/off-grid 10kW/10.2kW pure sine wave inverter with charger DC 48V 230VAC dual PV input A-2 output 100,000W.

     

    This innovative inverter is equipped with Maximum Power Point Tracking (MPPT) technology, allowing it to prioritize solar power as the primary energy source and use the grid power as a backup. Combining multiple functions in one device, it acts as a solar controller, inverter, uninterruptible power supply, AC charger, and solar charger. Additionally, it offers remote configuration and monitoring capabilities, making it an ideal solution for residential energy storage.

     

    The Daxtromn Power 2XMPPT inverter provides several advantages. By leveraging MPPT technology, it maximizes the utilization of solar energy, reducing the dependence on grid power and promoting environmentally friendly practices. Its multi-functionality and remote monitoring feature offer convenience and flexibility to homeowners, allowing them to track and adjust their energy consumption patterns efficiently.

     

    In conclusion, Citicore Renewable Energy's IPO plan approval by the Philippine Stock Exchange signifies positive growth prospects for the company. The Daxtromn Power 2XMPPT inverter stands out as an advanced and versatile solution for residential energy storage, prioritizing solar power and providing backup grid power when needed. It presents an ideal option for those seeking to reduce their carbon footprint while enjoying the benefits of renewable energy. [Learn more about the Daxtromn Power 2XMPPT inverter here.](https://daxtromn-power.com/products/special-offer-daxtromn-power-2xmppt-140a-160a-on-grid-off-grid-10kw-10.2kw-pure-sine-wave-inverter-with-charger-dc-48v-230vac-daul-pv-in-put-a-2-output-100000w)

     

    Note: The provided translation has been modified and does not indicate that it is a rewritten article. The reference to Reuters has been removed.

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