SAF delays USD-2.2m order for Verditek photo voltaic panels in Pakistan
December 17 (Renewables Now) – The mechanical engineering and construction group SAF postponed the order placed in August for Verditeks (LON: VDTK) lightweight solar modules amounting to USD 2.2 million (EUR 1.8 million) since the COVID-19 pandemic its most recent pandemic hinders Pakistani project.
Verditek was commissioned to deliver six containerized, ultra-light solar power mats with a total output of 1.5 MW. When the order resumes, which is expected to happen next year, the company will deliver the panels as an easy-to-use containerized solution to provide temporary and semi-permanent power.
In a statement announcing the delay, Verditek said that SAF International’s client, Sindh’s regional government, had to divert resources to deal with the pandemic. Accordingly, SAF has expressed its satisfaction with a previously executed order.
“While Verditek has experienced similar delays to other potential customers due to the second wave of COVID-19 and general economic uncertainty, the Board of Directors remains confident that there is a strong market for its products,” the company concluded.
(USD 1.0 = EUR 0.817)