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

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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.

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