Aries Ingeniería y Sistemas and TGE (Thai Global Energy) start their mutual cooperation to provide EPC services in renewable energy projects (PV, CSP, Wind, Hydro, Minihydro, Geothermal and Biomass)
The focus of this mutual collaboration between Aries Ingeniería and TGE will be EPC services supply for renewable energy projects in Thailand, Asian renewable energy reference market.----- This agreement is a strategic step for both companies to consolidate global expansion plans in the region, one of the strongest in this kind of projects.
Madrid, April 23rd – Aries Ingeniería y Sistemas, a Spanish company with expertise in
the largest private real estate company in Thailand, to provide EPC (Engineering,
Procurement and Construction) services for renewable energy projects in Thailand.
Innovative solar policies in Thailand have created a favorable regulatory framework for
investing in clean energies and nowadays it is one of the countries with more influence in
the region in terms of large-scale renewable energy projects.
Aries' market knowledge, engineering know-how and expertise and TGE inherited
Construction Excellence of Ritta together with Extremely High Financial Strength; High
Purchasing Power and Green Corporate Culture will integrate both companies' best added
value solutions. Aries together with a faction of TGE; on a Long Term basis; foresees
formation of a Joint Engineering & Project Management Excellence Team which will provide
all project management, engineering and construction/commissioning supervision services
to be added with Procurement support on specific equipment supply while TGE indigenous
team will execute the majority procurement; construction/erection activities.
Alberto Sánchez Martín, Business Development Director for Asia of Aries Ingeniería y
Sistemas said "I strongly believe this strategic mutual cooperation will provide tailor-made
turnkey solutions in the rapidly growing Thai renewable energy market. I am confident we
will be able to exceed our customers' expectations both in terms of quality and cost. Aries
will continue to invest heavily in the region as it is a key part of our aggressive international
Mr. Bahrgab M. Das, Chief Business Development Officer of Ritta and also the key Initiator
of formation of TGE said "This unique collaboration of these two like-minded organization
will benefit the Renewable Energy Industry in Thailand and South East Asia in due course
of time. We, together, vow to provide quality driven solutions to the prospective clients at
little additional cost for development and good return rates of investment during the
operational period of the Facilities".
Aries carries on its policies in other key solar markets with ongoing projects in Spain, USA,
China, South East Asia and the Middle East.
About Aries Ingeniería y Sistemas
Aries Ingeniería y Sistemas is an independent, global, and diversified Spanish engineering company that
develops efficient, high value added solutions in renewable energy and testing systems for the automotive,
aerospace & defence, railway and civil engineering sectors.
With offices in Madrid (Spain), San Francisco (USA), and Shanghai (China), Aries has proven expertise
developing clean energy technologies internationally and offers engineering services across the value chain that
include feasibility studies, basic to detailed engineering, construction, start-up, operation and maintenance. The
company has executed projects in more than 20 countries to date.
Thai Global Energy Co., Ltd. (TGE) is a subsidiary company of Ritta Co., Ltd., the Largest Private Design &
Construction Company in Thailand. TGE is a graduation of Ritta's Corporate Green Culture which started as an
in-house Ritta Green Building Division to provide Consulting Services on Energy Efficiency Enhancements of
Buildings. Currently TGE is engaged in GREEN projects of various natures and is anticipating a pipeline of
several hundreds of MW of renewable energy Power Plant Production.