NIHSIN (7215) : Helios Photovoltaic in a Proposed RTO Into Nihsin Resources
In addition Nihsin has stunned the market with an attractive 1 for 2 free warrant issue as well.
So, who is Helios PV?
(From their website)
COMPANY BACKGROUND
Helios Photovoltaic Sdn Bhd is a registered CIDB Grade G7 Contractor
With ISO certifation 9001-2008 and Sijil Perolehan Kerja Kerajaan
(SPKK). We also provide consultancy services for alternate energy in the
area of design and built conventional contractor for all types of
photovoltaic projects.
The management of Helios has more than 18 years experience ranging from
grid-type, off grid solutions to Building Integrated PhotoVoltaic
(BIPV). We have achieved numerous successful projects. To name a few
amoungst them are with the Federal Government (Ministry of Education and
Kementerian Kemajuan Luar Bandar & Wilayah); Semi Government body
(Universiti Malaysia Sarawak (UNIMAS)) and private sector (SP Setia).
Our
solar systems are designed to be reliable and can cater for utility,
government and commercial sectors. Now everyone can have access to
affordable, clean renewable power source.
Contractor Grade G7
Registered with CIDB Grade G7, Helios equipped itself with ISO
certification 9001:2008 and Sijil Perolehan Kerja Kerajaan (SPKK).
Through the years of track records as design and build/conventional
contractor, Helios has done numerous solar projects with the Federal
Government such as Ministry of Education and Kementerian Kemajuan Luar
Bandar & Wilayah, Semi Government body such Universiti Malaysia
Sarawak (UNIMAS) and private sector such as SP Setia.
So, what have they been doing .... in the news recently ...
"PV
module manufacturer Wuxi Suntech will give solar panels to a 7.5MW
off-grid installation in order to power rural schools and villages in
Malaysia.
The move
is part of a new initiative from Malaysia’s Ministry of Rural and
Regional Development – the Rural Solar Hybrid Electricity Project for
Villages and Schools in the Interior.
The
project is expected to be constructed in various phases until final
completion in 2017. The first phase will generate 960kW of energy for
three schools and 20 surrounding villages. The project will be comprised
of Suntech’s VDE Quality Tested modules.
Samuel Zhang, sales director for APMEA & China at Wuxi Suntech, said: "We have been working diligently with our partners Helios Photovoltaics
and the Malaysian government for several years to launch this
revolutionary project. We're using diesel generators and German battery
packs to backup Suntech's best in class PV Modules in this system. Many
locations in the region are only accessible via boat or helicopter and
have previously been left to rely on diesel generation for power. These
new micro-grid systems will help to significantly reduce diesel costs
and cut 10,000 tons of CO2 emissions per year, providing clean, reliable
energy for the schools and villages in Sarawak. We are extremely proud
of our work with Helios and the Malaysian Government that has enabled us
to bring this project to fruition."
My View:
Helios PV is a significant private vehicle with good connections. It is
already well entrenched in completing and obtaining government projects
relating to PV as renewable energy solutions. While its hard to get at
their earnings or valuations, there are indications that Helios PV is
already consistently making PAT of nearly RM50m a year. Hence this is a
significant RTO if all things goes well.http://malaysiafinance.blogspot.com/
CURRENT PROJECT
PAST PROJECTS
UNIMAS - Long Larapan Project
| Location | : | Long Larapan, Semp orna Sabah |
| Description | : | Supply and install PV Stand Alone System 3.2KW |
SP SETIA – Eco-City Park Bungalows
| Location | : | Sec U13, Shah Alam Selangor |
| Description | : | Supply and install 105KW Solar PV System for 20 units Bungalow at Bandar Eco-Setia Park |
MAXIS
| Location | : | Pulau Larapan, Sabah |
| Description | : | Design and Supply 1.2KW Solar PV Stand-Alone System for Maxis Vsat |
UNIMAS – Long Lamai Project
| Location | : | Long Lamai, Sarawak, Malaysia |
| Description | : | Install Solar PV system 3.2KW |
MONGOLIA
| Location | : | Mongolia, 200km north-west from Ulan Bator Town |
| Capacity | : | 1.6kW |
