Cenergy To Expand Into Southeast Asia
Cenergy Power announced the legal formation of a Vietnam-based subsidiary focusing on utility-scale solar power development and project-level human capital build-up in Southeast Asia.
Cenergy Power expects its California project revenues to grow by an order of magnitude in 2010 and is now focused on the long-term potential of solar in emerging markets around the world. The company is currently negotiating several megawatt-sized pilot projects with local utilities and stakeholders in Vietnam, and will employ up to 100 solar installers and field service engineers over the next twelve months to construct and service projects within and outside of Southeast Asia.
Cenergy Power has tapped Ascenx Technologies, a seasoned Vietnam-based engineering services provider for the semiconductor and upstream solar industries, to assist in the recruitment, training and development of Cenergy’s local human capital requirements.
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