Ssangyong Engineering & Development (E&C) introduced that it has received the ultimate order for the development and operation of solar energy technology services and vitality storage system (ESS) services in Haiti ordered by Haiti’s Ministry of Economic system and Finance (MEF).
The challenge is to construct and function a solar energy plant (12 MW) and an 10 MWh ESS on a website as broad as 30 soccer fields (200,000 sq. meters) mixed to produce energy to the Caracol Industrial Park in Haiti, the place a International Sae-A manufacturing facility is situated, for 5 years with a challenge dimension of USUS$57 million.
Probably the most important function of this challenge is that it’s the first order that Ssangyong E&C received by using International Sae-A Group’s assist and synergies amongst group associates, since International Sae-A Group grew to become the most important shareholder of Ssangyong E&C. Ssangyong E&C’s bid and building plan handed shopper evaluate primarily based on the group’s photo voltaic design and building expertise in Nicaragua together with sturdy assist from the group’s prime administration.
As well as, that is Ssangyong E&C’s first foray into Latin America and is predicted to function a bridgehead for the Korean builder to enter the Latin American area together with Costa Rica, Dominica, Guatemala and Nicaragua, the place International Sae-A is doing enterprise.
“With this order, we can catch two birds with one stone — creating new markets and collaborating in new companies — by means of assist and cooperation with International Sae-A associates,” an official from Ssangyong E&C stated. “Based mostly on this, we are going to proceed to pursue new and eco-friendly companies at house and overseas.”