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TICKERS: UGE; UGEIF

Solar Power Firm Lands Client, Taking New Projects in the Philippines to 12
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Source:

The pipeline should drive revenue growth in that market into 2020.

UGE International Ltd. (UGE:TSX.V; UGEIF:OTC) announced in a news release it landed a new project, to finance, build and install a financed, 310 kilowatt rooftop solar solution for Primepack Technologies in the Philippines.

This should lower power costs by 40% for this provider of plastic packaging products to several industries, including electronics, data storage, semiconductor, automotive and medical.

The new system, which UGE will deploy for Primepack over the next six months, is expected to yield more than $300,000 of revenue for the solar energy company.

Primepack Operations Manager Leo Tanlimco stated, "In addition to maximizing savings, we are an environmentally conscious company that wants to be known as an earth friendly establishment. We are excited to go solar with UGE."

This latest contract takes UGE's new projects, those in or entering deployment, in the Philippines to 12.

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1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: none. She or members of her household are paid by the following companies mentioned in this article: none.
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