Myanmar Thilawa SEZ Holdings Public Co Ltd has signed a Memorandum of Understanding (MOU) for Myanmar’s renewable energy sector with Chinese energy company GCL System Integration Technology Co Ltd (GCL SI), MTSH said.
The MoU was signed in Shanghai, China, on 11 June, and MTSH informed shareholders on 16 June.
According to the MoU, GCL SI and MTSH intend to jointly conduct the feasibility of building solar power systems (including Floating Photovoltaic Power Plant and Centralized Photovoltaic Power Plant) with a capacity of up to 100 MW from renewable energy in Myanmar and establish a joint working group to effectively assess the feasibility of the project.
Through this collaboration, it will be possible to jointly carry out the feasibility study of power projects in Myanmar, as well as learn a lot of technical support, and will be able to address the electricity needs of the company’s subsidiaries and affiliates, including MTSH.
GCL’s main activities include generating electricity using clean and renewable energy technologies, manufacturing solar PV materials, oil and gas production, construction of Green Smart Cities and provision of financial services. Golden Concord Holdings Limited (GCL Group) is a major Chinese energy company, founded in 1990 and headquartered in Hong Kong.
Htun Htun/ZN
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