Building Energy Efficiency. The Owner of a new hotel construction project in downtown Seoul is Susterra’s building energy efficiency client. Working closely with the project architects, MEP consultants, electrical and mechanicl engineering consultants, the construction managers and the international hotel chain operator, Susterra was engaged by the Owner as the “energy efficiency” consultant to maximize energy efficiency at the original construction budget. We achieved over 30% savings ... equivalent to about $400,000 per annum which falls directly to the bottom line. A very nice increase in profits and investment returns without increasing investment size.
Tidal Power. Korea recently began operations on Sihwa Tidal Power Plant, one of the largest tidal power plants in the world at 250MW capacity. And, Korea has plans to build out several more tidal power plants totalling almost 3GW of capacity. Working closely with Company H of the US, with patented technology on tidal power plant construction, the Halycon solution can build tidal power plants at much lower construction costs, yield higher power output raising ROI and has much less environmental impact than typical designs. The project is on-going pending results of Halycon's pilot project installation off the coast of Maine.
Solar. Susterra was a strategic advisor to Company S, one of the leading CIGS thin film solar technology companies based in Germany, with attracting strategic investors from Korea. Fraunhofer certified Company S’s CIGS thin film roll-to-roll on flexible substrate technology to record the highest cell efficiency of over 13%. Since then, Company S’s cell efficiency has improved to over 14%. Our Korean clients were not able to act quickly enough and a Chinese company made a sizeable investment into Company S to fund the ramp up of its first commercial plant in Germany.
Offshore Wind. Susterra advised the Owner of 4 offshore wind farm projects that were awarded to them in the UK Round 3 and Scottish Territorial Waters rounds. Susterra was engaged to attract strategic partners from Korea from a short list of the largest wind turbine manufacturers, steel manufacturers to provide jackets and major Korean business conglomerates. Our Korean clients were not able to act fast enough and the investment opportunity was taken by a European clean energy company.
Wind. Susterra was engaged by a Korean construction company building out its 33MW wind farm in Jeju Island in Korea. Susterra was engaged by the Client to help them attract equity investment partners. The turbines were supplied by Vestas and the wind farm has started operations in early 2010.
Biogas. A Korean SME company developed technology to process farm wastes into biogas and fertilizer. Susterra, working with its collaboration partner, Accolade, helped develop the business and financial model, created the information memorandum package and marketed to 20 potential investors. A major business group invested into the company and they have completed their first 50-ton per day facility in Korea.
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