China Sunergy Won 14.5 MW Solar EPC Agreement in the Philippines

Author: Darvin Tocmo  Date Posted:10 August 2015 

CSUN-Solar International Ltd., a subsidiary of China Sunergy Co. Ltd., won the Engineering, Procurement and Construction (EPC) contract for local-firm YH Green Energy Inc.’s 14.5 MW solar power project in the Philippines. In a news statement from its web site, China Sunergy said “its subsidiary, CSUN-Solar International Ltd., specialized in EPC service and project development, has entered into an EPC agreement with YH Green Energy Inc., a Philippine-based green-energy developer for the construction of a 14.5- MW solar-power project.” The construction of the project will begin in the third quarter of 2015, and is expected to be fully operational in the first quarter of 2016, which is the deadline for the investors who will qualify for the P8.69 feed-in-tariff allowance. Tingxiu Lu, Chairman and CEO of CSUN commented, “We are delighted to cooperate with YH Green Energy on the construction of the solar-power project.” Lu said the transaction demonstrates its expansion in the Southeast Asia market that positions it well for the steady growth of the energy industry in the years to come. As of April 2015, YH Green Energy Inc. has one pending solar application for a 12 MW project in Hermosa, Bataan according to Department of Energy data. Find more information at: http://www.businessmirror.com.ph/csun-solar-international-bags-epc-contract-for-14-5-mw-solar-project/