The Asian Development Bank will provide Singapore-based Sunseap Group with $9.2 million. The company will use the funds to construct Cambodia’s first large-scale PV plant, a 10 MW facility located in Svay Rieng Province.
The 20 MW and 22 MW PV power plants are being built in Turkey’s southwestern province of Izmir.
The company aims to build what would be one of the country’s largest PV arrays near a high-voltage substation in Queensland’s Lower Wonga region. Via the substation, the project would supply electricity to cities and towns such as Gympie, Gin Gin, Teebar Creek, Mungar, Kilkivan and Brisbane.
According to German renewable energy association BEE, the country could fail to reach its 2020 EU target for renewables covering 18% of its total energy consumption. The association claims that if Germany aims to achieve this target, an additional 22 TWh of electricity from renewables per year must come from the power, heat and transport sectors.
The Italian inverter maker will supply its devices for Mexico’s largest solar project. The company is also planning to expand capacity at its manufacturing facility in northern Italy.
The $1.65 million loan will be used to co-finance a 50 MW solar facility under development in Nigeria’s Kaduna State. The company expect to reach financial close for the project by the end of this year.
The 50 MW Garissa solar park will be built with the support of the Chinese government. The plant will rely on 210,210 solar modules provided by Jinko Solar.
The Armenian government has granted exemption from customs duties for the first time to local developer Investment Media Group. The measure is intended to support the implementation of the country’s $58 million solar program.