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Saturday, December 09, 2023 10:20:27 PM
Section 8 – Other Events
On May 20, 2022 announce Sun Pacific Holding Corp. Subsidiary Sun Pacific Power Corp and PT. IDN SOLAR TECH sign agreement to help build a solar panel facility to manufacture up to 1GW of solar panels per year, leading annual revenues to $450 million
PT.IDN Solar Tech role is as project manager, architect, provide collaborating Solar Panel R&D, training of EPC staff and supplier of solar cells and other raw materials..
from April 19.2022 PR
https://www.globenewswire.com/en/news-release/2022/04/19/2424594/0/en/Sun-Pacific-Holding-Corp-Subsidiary-Sun-Pacific-Power-Corp-and-PT-IDN-SOLAR-TECH-sign-agreement-to-help-build-a-US-solar-panel-facility-to-manufacture-up-to-1GW-of-solar-panels-per.html
"Sun Pacific Power Corp (“SPP”) and PT. IDN SOLAR TECH. (“IST”) have an agreement for the development of a 1GW per year solar manufacturing plant in the USA utilizing revolutionary technology currently being used by “IST”."
"This state-of-the-art processing will be done with local labor under the supervision and training from “IST”"
"Solar cells produced by “IST” will be used in our USA facility"
"The arrangement with “IST” will help us with sourcing raw materials and provide knowledge for building our facility as well as foster further growth opportunities for our company."
"We look forward to using the considerable “IST” knowledge and expertise to develop various solar panels and designs that we have been working on for some time."
Michael Ho, CEO of PT. IDN SOLAR TECH. stated, "The collaboration with Sun Pacific Power will help increase sales in our cell manufacturing and the growth for both of our companies."
Project team leader from PT.IDN
Great meetings with our project team leader planning our solar and battery production, assembly, and sales. He's been traveling from California to Vietnam and China, putting all in place for Elba Power Corp $snpw #EPC #ELBAPOWERCORP #FOXESS #solar #batteries #ManufacturingJobs pic.twitter.com/IMYHPLep72
— Sun Pacific Holding Corp (@SunPacificPower) May 4, 2023
Dec 5th 2023 PT.IDN project team leader still on the job
![](http://investorshub.advfn.com/uimage/uploads/2023/12/6/wivognick.jpg)
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