By Ma. Cristina C. Arayata
MANILA, Oct 28 (PNA) — The UK Trade and Investment (UKTI) in Manila, on Wednesday, expressed its support to PROINSO’s entry to the Philippine market.
PROINSO, a solar energy company, has been appointed as the Engineering, Procurement and Management (EPM) provider for a 100-megawatt solar farm project in Subic Bay, which is said to be the largest of its kind in Southeast Asia based on the website, mysubic.com.
UKTI believes that the ‘GREAT Campaign’ and the ‘Cities of the Future’ exhibition have been helpful for PROINSO to secure the Subic Bay contract.
”PROINSO is a good example of a company with a clear, ambitious strategy to target international markets,” said UKTI International Trade adviser David Taylor.
He also noted that the Subic Bay project will be one of the biggest for a UK business in the Philippines this year, and UKTI has been working hand-in-hand with PROINSO to facilitate its strategy.
The British-based company’s involvement in the Subic Bay project will increase its penetration in the highly competitive Asian photovoltaic market.
PROINSO will be working in partnership with Asiacrest Marketing Corp. for the said project that would also enable PROINSO to increase its team in the Philippines to over 30 members.
PROINSO’s Regional head for Asia Pacific Stuart Macfarlane described the Subic Bay project as a complex project demanding a high level of capability support across many disciplines provided in their EPM program.
“Our EPM model is based on collaborative approach working with local partners,” he said, adding that in that way, the company was able to deliver globally competitive renewable assets and also invested in the development of a strong local industry.
British Embassy Manila also expressed its support and satisfaction to PROINSO. “The UK is committed to action on climate change and PROINSO is a great example of our business expertise in renewable energy and low carbon initiatives,” said British Ambassador to the Philippines Asif Ahmad in a statement.
Ahmad added that the project would utilize the abundance of solar energy in the Philippines, and help develop a cleaner energy mix.
Meanwhile, Lawrence Plata, Asiacrest president and chief executive said that PROINSO’s reputation in the renewable energy sector attracted them to get on board as the exclusive distributor and country representative of PROINSO in the Philippines. (PNA)