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Pacific Green announces the Acquisition of ENGIN in China to enter the market for Concentrated Solar Power and Desalination Technologies
Pacific Green is excited to announce the acquisition of ENGIN, a major Concentrated Solar Power, Water Desalination and Waste to Energy, design, development and engineering company.
ENGIN are based in China and have an impressive portfolio of successful projects, most notably 10MW and 100MW Molten Salt Tower Concentrated Solar Power and storage plants in Dunhuang, a 50MW Parabolic Trough CSP plant in Delingha, and a desalination reference plant in Indonesia.
With this important strategic acquisition, Pacific Green broadens its environmental spectrum and further expands into sectors that are increasingly in demand around the World.
An estimated 550 MW CSP came online in 2018, increasing cumulative global capacity more than 11% to just under 5.5 GW.
By the end of 2018, the pipeline of CSP projects under construction reached around 2 GW in 10 countries across Africa, Asia, the Middle East and South America, with most of this capacity being built in the United Arab Emirates (0.7 GW) and China (just over 0.5 GW).
China’s 13th five-year plan aims to have 5 GW of CSP capacity installed by 2020.
Our company has a joint venture agreement with PowerChina SPEM, a subsidiary of PowerChina, the largest power-plant equipment manufacturer in China, to distribute and manufacture our patented state-of-the-art pollutant-gas-removal systems in China and throughout the world.