LS Industrial Systems Co. (LSIS), a South Korean manufacturer of electric power and automation equipment, is attending the World Smart Energy Week 2018, Asia’s largest power generation exhibition held from Wednesday to Friday in Tokyo.

The World Smart Energy Week 2018 where total 1,590 energy companies and 70,000 visitors from around the world are gathering hosts eight different exhibitions simultaneously including the 11th International Photovoltaic Power Generation Expo (PV Expo).

LSIS is exhibiting its latest power generation solutions and projects under the theme of total solution provider of renewable energy systems at 16 booths spanning a total of 145.8 square meters, its largest-ever scale. LSIS had taken part in Smart Grid Expo since 2014 but moved its booths to PV Expo this year to focus its efforts on venturing into the local renewable energy systems market, according to the company.

At the PV Expo, LSIS is showcasing its representative projects at home and abroad, including Chitose solar power plant in Hokkaido, Japan completed last year and floating solar power plants near Hapcheon Dam and on Chungpung Lake in Korea. The 39-megawatt Chitose solar power plant is a photovoltaic project worth 113 billion won ($104.4 million) in which the firm worked together with 12 other firms including state-run Korea Electric Power Corp. LSIS has been in charge of completion of the project and guaranteeing power generation efficiency, EPC, and O&M for the next 20 years.

The company said it aims to boost its efforts in further expanding its presence in the Japanese market where it secured a contract to build Hanamizuki mega solar power plant last year following the completion of the Mito mega solar park power plant and the Chitose mega solar power plant.

The global renewable energy market is showing explosive growth and the solar power market is expected to grow by more than 25 percent over the next two years, said an LSIS official. Japan is one of the world’s three largest renewable energy market along with the United States and China, according to the company.

By Woo Je-yoon and Cho Jeehyun

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