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Mp-tec Set to Invest in the Philippine Renewable Energy Market

October 4, 2012

Berlin. 4 October 2012. Founder and CEO of German solar system integrator and project developer Mp-tec GmbH & Co KG, Michael Preißel, announced yesterday the company’s intention to invest in the Philippines, as part of the long-term plans to expand in the international market.

Mp-tec CEO Michael Preißel (third from left) and Director for Sales Dr. Patrik Fischer (fourth from left) welcome Philippine Embassy attache Armand Mahinay, PTIC Commercial Counselor Jose Antonio Buencamino and First Secretary Adrian Cruz.

Mp-tec CEO Michael Preißel (third from left) and Director for Sales Dr. Patrik Fischer (fourth from left) welcome Philippine Embassy attache Armand Mahinay, PTIC Commercial Counselor Jose Antonio Buencamino and First Secretary Adrian Cruz.

The message was conveyed to First Secretary Adrian Cruz and PTIC Commercial Counselor Jose Antonio Buencamino, during their visit to Mp-tec’s headquarters in Eberswalde, just 50 kilometers from Berlin, Germany, on 25 September 2012.

Following a brief presentation of the company’s profile and global trade partners, the Philippine embassy officials were toured around the company’s production site by Mp-tec Director for International Sales Dr. Patrik Fischer where a demo-installation of a photovoltaic tracking system and the refueling station of an electric car, including a solar carport, were presented.

In his visit to Manila in May, 2012, Mr. Preißel observed the Philippines’ “European-friendly” tendencies and regarded the country as geographically well-positioned to serve as Mp-tec platform for the Asian market. He is optimistic about the Philippine market as he notes the tremendous potential and opportunities of renewable energy (RE) in providing win-win solutions to the country’s energy demand and consumption. He is confident in establishing links with the various stakeholders (i.e., developers, local communities, and national government) as they forge partnerships with Mp-tec in the technical field and in joint venture arrangement especially in difficult and remote off-grid locations.

PTIC Commercial Counselor Buencamino (left) rides the electric-powered car driven by Mp-tec CEO Michael Preißel. The car was “refueled” by Mp-tec’s high-quality solar carport.

PTIC Commercial Counselor Buencamino (left) rides the electric-powered car driven by Mp-tec CEO Michael Preißel. The car was “refueled” by Mp-tec’s high-quality solar carport.

Mr. Preißel identified Solarus Partners and SunAsia Energy as Mp-tec’s strategic partners in the Philippines. He sees positive outcomes from the synergy of the companies, where each entity shares the talents, and financial resources which will guarantee good yield and performance from the sun.

Mp-tec is a solar company specializing in the development and manufacture of application-oriented, premium solar power, solar heat and assembly systems. It is considered a pioneer of the industry and is one of the leaders in the development and manufacture of photovoltaic, solar power and assembly systems in Germany.

The company is a member of the prestigious Solar Region Berlin-Brandenburg Association and received numerous awards for a number of cutting-edge products, which include the DEKRA-certified Quick-Line assembly system and the “skytrap plus” hemispherical tracking system. (END)

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Posted by Culture
Filed Under: Trade and Investments

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German firms set their sights on the Philippines »

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Luisenstrasse 16, 10117 Berlin
Phone: +49 (0) 30 864 95 00
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