Sembcorp Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries, has signed off on a deal to acquire a 40MW grid-tied rooftop solar power project that is currently under construction in Singapore.
Singapore-based energy and water company Sembcorp Industries will develop two grid-connected rooftop solar projects with a combined capacity of 4.1MW at airframe maintenance firm ST Aerospace’s facilities in Changi and Seletar, Singapore.
The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
Sembcorp Industries’ wholly-owned subsidiary Sembcorp Utilities has agreed to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for INR14.1 billion (US$220 million).
The first round of bidding for the 750MW Rewa solar park in the Indian state of Madhya Pradesh has guaranteed that the highest tariff will be no more than 3.64 rupees per unit (US$0.054).
