Advertisement
Advertisement
advertisement

UGE Announces Contract To Provide 259KM Solar System To New Client, M L'Huillier

UGE International Ltd., a leader in providing solar solutions to the commercial and industrial sector, is pleased to announce that it has signed a contract with new client, M L'Huillier, to deploy a solar system for a food processing plant.

M L'Huillier is a Philippines-based conglomerate with business segments in food, retail, and restaurants.

This initial solar project has a rated capacity of 259kW, allowing the food processing plant to significantly lower its energy costs. UGE and M L'Huillier look forward to the project being the first of many between the two companies.

"Electricity from the grid is expensive and unstable in the Philippines, with costs being shouldered by the consumer," said UGE Regional Sales Manager, Laurence Pabillore. "The low cost of solar really caught the attention of M L'Huillier management, as well as the enhanced reliability the system provides."

The contract value is approximately US$250,000, with expected gross margins at or above UGE's 23% target. Engineering is underway and construction is expected to occur throughout the remainder of 2019. UGE expects to install a record number of projects in the Philippines this year.

"Solar is rapidly gaining a reputation as the most cost-effective electricity resource in the Philippines," said Arjun Gupta, Regional Deployment Director for UGE. "Most businesses in the country are now considering the addition of solar to their rooftops to minimize their electricity costs and carbon footprint. This is evident from the tremendous growth in projects and clients UGE is currently experiencing, especially over the last six months."

Tags: ,
Advertisement
Advertisement

UPCOMING EVENTS

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Announcing Award Categories For 2019 At India's Biggest Smart Electric Mobility Event - https://t.co/tMEkj3W1FP
Thursday, 22 August 2019 09:02
SolarQuarter Sri Lanka Solar Week 2019 is almost here! Buy your ticket today https://t.co/HSLG4PzL8E See you on Aug 29, 2019!
Thursday, 22 August 2019 04:30
SolarQuarter Renewable Energy Investment and Finance Forum 2019 (REIFF) is almost here! Buy your ticket today… https://t.co/5ybeb4NILr
Wednesday, 21 August 2019 05:00