ATE Energy optimistic about 2021

ATE Energy International, which supplies engineering, procurement and development (EPC) administration providers on a contract foundation, expects sturdy demand coming from the healthcare and vitality engineering sectors to drive its progress subsequent 12 months.

ATE Energy with its EPC providers has commenced a number of PV energy technology initiatives in Taiwan, whereas acquiring new orders for healthcare facility engineering from Taiwan’s native hospitals, in accordance with firm chairman Yuanrui Lu.

ATE Energy has additionally seen its enterprise develop in Southeast Asia, and has obtained as much as US$600 million price of latest orders for energy plant development from the Philippines, mentioned Lu. Sales generated from the brand new orders, together with these for healthcare functions, will buoy the corporate’s gross sales efficiency in 2021, Lu indicated.

Despite the COVID-19 pandemic, Lu continued, ATE Energy has proceeded effectively with EPC initiatives in Southeast Asia with the market set to play a driver of the corporate’s progress subsequent 12 months.

ATE Energy reported income of NT$2.53 billion (US$89.three million) for the primary 10 months of 2020, up 55.8% on 12 months. The firm additionally has about NT$5 billion price of orders available.