MEDIA RELEASE PR38072
Cenergy Power Expands Operations into Southeast Asia
HANOI, Jan. 28 /PRNewswire-AsiaNet/ --
Cenergy Power, a leading commercial solar developer in California, today announced the legal formation of
a Vietnam-based subsidiary focusing on utility-scale solar power development and project-level human capital
build-up in Southeast Asia.
Cenergy Power expects its California project revenues to grow by an order of magnitude in 2010 and is now
focused on the long-term potential of solar in emerging markets around the world. The company is currently
negotiating several megawatt-sized pilot projects with local utilities and stakeholders in Vietnam, and will
employ up to 100 solar installers and field service engineers over the next twelve months to construct and
service projects within and outside of Southeast Asia.
Cenergy Power has tapped Ascenx Technologies, a seasoned Vietnam-based engineering services
provider for the semiconductor and upstream solar industries, to assist in the recruitment, training and
development of Cenergy's local human capital requirements.
"Our market analysis tells us that the fluid solar market will expand very quickly beyond China into nearby
Southeast Asia countries, where power demand severely outstrips supply and grid parity for Cenergy Power
can be reached within one year," says Nader Yarpezeshkan, Director of Business Development for Cenergy
Power. "We have benefited tremendously from being ahead of the curve in certain key market segments in
California and we believe a similar methodical approach to the Southeast Asia market could yield even bigger
results over the next few years."
About Cenergy Power
performing commercial solar developers in California's Solar Initiative Program. It is comprised of seasoned
professionals in the areas of power quality, power engineering and project financing.
SOURCE: Cenergy Power
CONTACT: Nader Yarpezeshkan,
+1-760-603-1933
NEWS 
