Project ROUNDUP: Sunseap 4MW Singapore, Equis 5MW Taiwan, Iran’s 1.5MW, Spain 45MW acquisition

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: SATBA

Sunseap signs 4MW commercial solar PPA with PSA in Singapore

17 January: Global port group PSA Corporation and Sunseap Group have signed a 21-year power purchase agreement (PPA) for 4MW od solar energy supply to a container port and ancillary buildings in PSA’s Singapore facilities.

Sunseap will construct and install 4MW of PV across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal.

The solar system is estimated to be operational by end of Oct 2018. One third of renewable energy PPAs in Southeast Asia are expected to be in the commerical and industrial segment in the next 3-5 years.

Equis commissions 5MW of solar in Taiwan

16 January: Equis Energy has commissioned two solar projects comprising 5MW of generation capacity in Budai and Dongshi in Chiayi County, Taiwan, doubling its generation capacity in the country to 10MW.

Late last month, Equis commissioned its first 5MW project in Kouhu Township, Yunlin Count.

Singapore-headquartered Equis is one of Taiwan’s largest renewable energy developers, with 122MW of solar assets under operation, construction and advanced development, and it plans to invest US$1 billion in Taiwanese renewable energy.

Luxcara acquires 45MW solar project in southern Spain for institutional investors

15 January: Asset manager Luxcara has acquired the 45MW El Salobral solar project located in the southern Spanish municipality of Espejo for institutional investors.

The project will be completed and connected to the grid in late summer 2018. It is located between Córdoba and Málaga at a solar park in Andalusia.

“We are very happy to realise a solar project in Spain under free market conditions. El Salobral allows us to invest in a solar market with one of the strongest growth potentials in Europe,” said Alexandra von Bernstorff, managing partner of Luxcara.

Local firm completes 1.5MW PV project in iran

24 December: Sanaye Siman Shahrekord Company has installed a 1.5MW solar project in the Sharekord region of Iran.

The project, financed by local investors, has been connected to the national grid.

This plant includes 4,864 solar panels each with the capacity of 315W. A power purchase agreement (PPA) has been signed with Iran’s Renewable Energy and Energy Efficiency Organization (SATBA). Iran has seen several major large-scale project annoucements during 2017.

Read Next

July 26, 2021
Oil and gas giant Eni has acquired 1.2GW of Spanish renewables from Madrid-based European private equity manager Azora.
July 21, 2021
Singapore-based solar developer Sunseap Group has secured a contract to build what it says will be the world’s largest floating PV project on the Indonesian island of Batam.
July 19, 2021
Merchant solar and projects backed by power purchase agreements (PPAs) drove ground-mounted PV deployment in Spain last year, as the country installed its second-highest yearly amount of 2.8GWp, new figures from trade association UNEF reveal.
July 7, 2021
A 60MW floating solar project installed on a reservoir in Singapore has been connected to the grid and is now in commercial operation.
July 7, 2021
The proven ability to install large-scale floating PV plants on water bodies across Southeast Asia means financing should be readily available for new projects, it was suggested during a panel discussion today.
July 5, 2021
Shares in the renewables division of Spanish utility Acciona were up 7.3% on their initial public offering (IPO) price during their maiden day of trading on 1 July.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK