Avance advises WE Tech, a leading energy efficiency solution provider with a global presence in the shipping industry, in a minority investment into the company by Mitsui. WE Tech specialises in supplying solutions based on DC-link power distribution, variable speed power generation, energy storage and energy management systems. The solutions, suitable for new buildings and for retrofits, bring numerous benefits to the shipping industry worldwide.
Mitsui is a global trading and investment company with a diversified business portfolio that spans approximately 63 countries in Asia, Europe, North, Central & South America, The Middle East, Africa and Oceania.