Leading South East Asian renewable energy firm Sunseap has received US$10.7 million (SGD$15 million) from the United Overseas Bank (UOB) for commercial solar projects in Singapore.
PV and electronics equipment manufacturing and automation specialist Manz AG has received €50 million from Chinese JV partners Shanghai Electric Group and Shenhua Group for turnkey CIGS thin-film production lines with a further €79 million also expected in May to start work on its largest ever equipment order.
Diversified engineering and infrastructure company RCR Tomlinson announced last week that it has been awarded a contract valued at approximately US$129 million with APA Group to design and construct a 110MW solar project.
The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has approved a US$965,000 grant to Oxygen Energy Private Limited to support the development of a 20MW off-grid solar rooftop project atop buildings owned and managed by Old Mutual Property Group Zimbabwe countrywide.
The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.
Iranian investment conglomerate Ghadir and an unnamed partner from Greece have brought a 10MW solar PV plant into operation in the Isfahan province of Iran, according to the country's Renewable Energy and Energy Efficiency Organisation (SATBA).
In a 33-0 vote, the Florida legislature has passed SB 90 – the bill that would implement Amendment 4 and make solar and renewable energy equipment on commercial buildings exempt from property taxes for 20 years, beginning in 2018.
