Shinsung Solar Energy Co.,Ltd. (KOSE:A011930) is studying to invest in the Philippines by next year, according to its Senior Executive Vice President Dr. Young Hyun Cho. He noted the firm is seeking local partners in Asian countries, namely in Vietnam, Mongolia, Uzbekistan, Thailand and the Philippines. He said the Shinsung targets more realistic projects based on the power demand of the area.

He stressed the company could install both ground-mounted solar panels in mountains and sea floating solar modules and also said the firm has not talked to the Philippine government yet, but will talk to private companies first.