Shinsung E&G to supply 12MW solar modules to Ssangyong E&C

South Korean company Shinsung E&G said on Monday that it signed a contract to supply Ssangyong E&C with 12MW of solar modules.

This marks Shinsung E&G’s first export of solar modules.

Under the contract, Shinsung E&G will deliver 12MW of solar modules to Ssangyong E&C by October.

Ssangyong E&C plans to use these modules to construct a solar power plant at the Caracol Industrial Park in Haiti, Central America.

Completing the 12MW plant is expected to reduce carbon emissions by approximately 7,200 tons annually.

"Since last year, we have been focusing on overseas markets and exploring opportunities for module exports," Choi Soo-ok, Vice President of Shinsung E&G’s Renewable Energy (RE) Division said. 

"We aim to use this first large-scale export as a stepping stone to expand into new markets and establish ourselves as a global renewable energy company."

Write to Ji-Hye Min at spop@hankyung.com