Aggreko Plc, the world’s largest supplier of rental power generators and temperature control equipment, is beefing up its business in Asia, Brano Kollar, its head of business development in Asia, said this week at the Power Gen Asia/Renewable Energy World Asia 2012 in Bangkok, the Bangkok Post reports.
By 2020, half of the world’s population will live in Asia, he said, resulting in a significant surge in electricity demand, especially from the middle class. Aggreko entered the Asian market in 1992 with a branch in Singapore, expanding to Indonesia, the Philippines, Thailand and Vietnam. Kollar said the company is making a big push into the region because the supply of power equipment is not keeping pace with the growth of Asian economies.
Kollar said that quality equipment in the rental power-generation sector is essential to back up power supplies to eliminate the problem of brownouts and blackouts that many Asian countries experience when the demand for electricity surges.