π Tender Overview
Scope : Development of a 50-MW portfolio of Rooftop Solar Projects in South Korea.
Singaporean renewable power producer Peak Energy, owned by US investment group Stonepeak, has signed a memorandum of understanding (MOU) for the development of a 50-MW portfolio of rooftop solar projects in South Korea.
The pact was sealed with Shinsung E&G, a domestic solar module manufacturer, and YSP Co Ltd. The initiative is underpinned by the introduction of measures by the South Korean government that aim to increase solar deployment on small plots of land and rooftop areas and support the national net zero targets.
The arrangement calls for Peak Energy to take care of project coordination, business management and financing. The company will also be in charge of securing corporate power off-takers for the photovoltaic (PV) plantβs output, while Shinsung and YSP will focus on sourcing rooftops and will lead construction activities.
Partners :
Shinsung E&G
14F, A TOWER,. 20, Gwacheon-daero 7-gil.
Gwacheon-si, Gyeonggi-do. 13840
South Korea
Website : http://www.shinsung.co.kr
YSP Co Ltd.
Yung Shin Pharmaceutical Industrial Co. (YSP)
1191 Sec.1, Chung Shan Road, Tachia Dist., Taichung 43744, TAIWAN (R.O.C.)
Tel : +886-4-2687-5100
Fax : +886-4-2686-9418
E-mail : ysp@yungshingroup.com
Website : https://www.ysp.com.tw/