16 February 2022

Dutch Kiwa Group invests in Taiwan's ExTEL Energy Co., Ltd. to strengthen its global solar and renewable energy related services

Kiwa Group, an internationally renowned testing, inspection and certification (TIC) company, has signed a cooperation agreement with ExTEL Energy Co., Ltd., which is active in the solar downstream market in Taiwan and the Asia-Pacific region. Aste Energy provides a variety of professional technologies and services to solar energy owners, developers, EPC manufacturers, insurance companies and international consulting companies. Kiwa Group invested in ExTEL Energy as a shareholder, making it a member of Kiwa Group. The two companies will work together in the future to provide more complete on-site testing, certification and technical services to customers in the Asia-Pacific region.

Chen Jinxiong, general manager of ExTEL Energy, said: "We are very happy to join the Kiwa Group. Kiwa and Aste Energy share the same business model and customer-first service values ​​in testing, inspection and certification. Aste Energy has operations in Taiwan and Asia Pacific The regional solar market is known for providing innovative technologies and solutions. As a member of the Kiwa family, we will make good use of the global technology partners and professional experience of the Kiwa Group in the future to continue to bring higher quality, higher performance and more to Taiwanese customers. A full range of services at higher value.”

Paul Hesselink, CEO of Kiwa, said: "Kiwa already has many customers in the solar and energy storage markets in Europe and the United States, and the Asia-Pacific market continues to grow. Our cooperation with Taiwan's ExTEL Energy will greatly expand our renewable energy field in the Asia-Pacific region customers with influence, professional knowledge and services. We are very welcome to join the Kiwa family. We will be able to better provide customers with one-stop services of testing, inspection and data services, thereby reducing customers’ costs in solar energy and Risks of energy storage investment projects. Today’s cooperation between Kiwa and ExTEL Energy is to work with everyone to create a sustainable future."

About Kiwa

Kiwa is a TIC Company—an independent and impartial global leader in testing, inspection and certification. We provide laboratories, statutory inspections, audits and quality assurance inspections, and provide clients with comprehensive support through training, consulting and data services. Our clients span nearly all markets and include private and public companies. No matter where they are, they can rely on us to build trust in their products, services, processes, (management) systems and people. Our 7,500 dedicated employees in 35 countries across Europe, Asia, North and Latin America and Oceania provide comprehensive service support to our customers. Kiwa is headquartered in Rijswijk, the Netherlands, and is a member of the global SHV family of companies, including with Eriks, Makro, Mammoet, NPM Capital, Nutreco, One-Dyas and SHV Energy.

About ExTEL Energy

ExTEL Energy (Co., Ltd.) was established in 2018 and specializes in providing innovative solutions to customers in the solar downstream market. ExTEL provides independent and impartial third-party on-site inspection, acceptance services, technical due diligence (TDD) and on-site performance diagnostic services. The company also provides dust monitoring systems for solar power plants to help owners reduce power generation losses. ExTEL has customers in Taiwan, China, Japan, Thailand, Philippines and Indonesia. The cumulative installed capacity of solar power plants in service exceeds 1GW. The company currently has 10 industry experts.