Global Purify Power (GPP), a Phnom Penh-based developer backed by a group of Southeast Asian investors, has started building the first 15 MW phase of a planned 225 MW solar rollout in Cambodia.
China Singyes Solar Technologies has confirmed that it still aims to spin off China Singyes New Materials and list its shares on the secondary board of the Hong Kong stock exchange.
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.
India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.
The independent power producer will use the long-term debt financing to build 398MW of solar capacity in the Indian states of Telangana and Jharkhand, as well as 311 MW of wind farms.
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