This is the first time that I have heard this TGI Solar Power Group, a US base public company. What caught my attention is that the Philippines was specifically mentioned by Henry Val the company's CEO which according to him "they have an interest to pursue". Anyway I have posted parts of the press release below. For the whole article click on this link.
"TGI Group management announces that the company will sell several of its non strategic assets. TGI expects that the sale will generate cash for TSPG and help the company to focus on its core business in renewable energy which currently receives many enquiries in the US and globally...
"Regarding the renewable energy, while we continue pursue our interests in Philippines, we want to share that we received enquiries from certain large South American country for cooperation. If we reach an agreement, we are looking at producing solar panels in the country with one of the largest silicon production capabilities on the planet."
Company's website states that its business are from consulting to solar module design, to manufacturing, to installation and then performance monitoring of its product after installation.
Looks like we are expecting another solar power company here in the Philippines which will add to the growth of the renewable energy sector and the nation as a whole.
source: marketwatch.com
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