U.S. Renewable Energy Solutions Provider Lands Two Contracts
Streetwise Reports | December 13, 2018
UGE International Ltd. announced in a news release it signed two financed contracts with packaging firm Philippine Aquapak Industries Inc. Together, the projects have an upfront value to UGE of about $300,000. UGE is to provide this company in the Philippines with a solution for 233 kilowatts of renewable energy at one of its production facilities and for 49.5 kilowatts at its headquarters. Construction is planned for 2019. According to the news release, these systems should result in a 50% energy cost savings over their lifetime to Philippine Aquapark.