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Back You are here: Home Business Asia China Sunergy enters Malaysian market with modules for rooftop project

Asia

China Sunergy enters Malaysian market with modules for rooftop project

China Sunergy has signed a solar module contract with the Malaysian engineering, procurement and construction company Pekat Teknologi Sdn Bnd for solar modules that are to be used in rooftop installations in Kuala Lumpur.

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According to Wee Chek Aik, executive director of Pekat Teknologi Sdn Bhd, the 343 kilowatts worth of solar modules will be installed by an unspecified real estate developer.

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“The modules will be used for the first P.V. rooftop project of this Malaysian real estate developer which is also planning to build multi-megawatt rooftop P.V. systems in the near future. We believe this project among other will present more business opportunities for both of us,” said Mr. Aik.

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“We are honored to establish this solid partnership with China Sunergy, “ he added.

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Pekat Teknologi Sdn Bhd is a Malaysian solutions provider specializing in the design, supply, distribution and installation of lighting protection, earthing system and surge protection technology. They expanded into photovoltaic technology and L.E.D. lighting in 2006, under the name Pekat Solar Sdn Bhd.

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This contract marks China Sunergy’s first shipment to the Southeast Asian country of Malaysia and the company is anticipating that it will open up future business opportunities in the region.

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“Currently, our penetration in Southeast Asia markets is not significant enough, with less than 1 percent in the last quarter coming from Indonesia and Philippines and none before now from Malaysia,” said Stephen Cai, chief executive officer of China Sunergy.

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According to Mr. Cai, China Sunergy’s plans for 2013 would be to grasp more business opportunities in the budding markets of Southeast Asia by collaborating with local partners.

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Malaysia’s tropical location makes it ideal for solar energy developments. It has set a goal of achieving 10 percent renewable generation by 2020, with as much as 1 gigawatt coming from P.V. generation.

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The Renewable Energy Act 2011, also offers a feed-in-tariff for solar power generation that, according to a Solarbuzz research report, has generated considerable commercial interest and placed the country in the position to significantly increase its P.V. generation over the next few years. – EcoSeed Staff



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