ELQ S.A., a well-known manufacturer of transformer substations is developing competencies in the photovoltaic installations market. On 6 August, the company signed a letter of intent extending collaboration possibilities with INTEC EU from Cracow.
By signing the letter of intent, the partners are planning to extend the current cooperation concerning the delivery of transformer substations and additionally regarding the construction of photovoltaic power plants on polish and foreign markets. The Parties obliged themselves to exchange information and to conduct activities aiming to assess possibilities to implement new projects in this area in Poland and abroad.
The renewable energy sources market in the EU area is developing very dynamically. The perspectives are very promising. The partnership with INTEC complies with our strategy – we maintain a strong position in manufacturing and supplying transformer substations dedicated to photovoltaic power plants while increasing our involvement in general contracting of photovoltaic installations – says Krzysztof Zawadzki, CEO.
ELQ S.A. is a listed company with over 40 years of experience in the commercial power industry. The entity maintains a strong position in manufacturing switchgear and transformer substations dedicated to renewable energy sources. The company’s specialists have the necessary knowledge and experience in preparing and carrying out photovoltaic power plants investments.
– We are developing. Our offer includes not only the production of transformer substations but also general contracting services. We are working on hydrogen-based electromobility solutions and production of different energy devices – Marcin Sołtysiak, representative of the main shareholder and Board Advisor