- By 2040, photovoltaic solar energy will have surpassed coal as the largest source of energy in the region.
- The opening of new offices in Malaysia is part of the company's internationalization plan.
Power Electronics opens its first delegation in Southeast Asia with the aim of positioning itself in a region with very good growth prospects in the use of renewable energy. By 2040, photovoltaic solar energy will have surpassed coal as the largest source of energy and will provide 49% of the region’s electricity needs. Renewable energies are expected to provide 84% of total energy generation by 2050.
With these good prospects, the company has opened a new delegation in Malaysia as part of a strategic internationalization plan that seeks to open new markets in areas where an increase in the use of solar energy is expected. Precisely, in this country the national government has called for tenders for the construction of more than 500 MW of solar photovoltaic projects in 2019, from which the leading independent energy production company in the region, Leader Energy, was awarded a 29 MWp project.