Phoenix Solar AG today announced its Singapore subsidiary, Phoenix Solar Pte Ltd, as its first regional headquarters outside of Germany. Phoenix Solar Singapore’s regional growth is on track and in tandem with Asian strong growth trends.

"We are proud of the success of our subsidiary in Singapore", said Murray Cameron, Chief Operating Officer of Phoenix Solar AG. "We see Asia as a critical element in the group’s growth story, and the experienced and capable team we have here is well positioned to leverage on the developments in the region".

"Phoenix Solar chose Singapore for its excellent connectivity in the region, capable workforce, strong infrastructure and stable political climate," said Christophe Inglin, Managing Director of Phoenix Solar Singapore. "It also has extensive academic and R&D capabilities, creating platforms for innovation and opportunities to test creative new concepts in the market."

"We warmly welcome Phoenix Solar's decision to establish its Asia Pacific headquarters in Singapore," said Mr Yeoh Keat Chuan, Assistant Managing Director of the EDB. "This project is an exciting addition to the fast growing clean energy ecosystem here, and affirms Singapore as the choice location in Asia for companies to undertake system integration and project development activities."