echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > Scatec Solar completes financing of solar projects in Malaysia

    Scatec Solar completes financing of solar projects in Malaysia

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Recently, Scatec Solar announced the completion
    of financing for the 47 MW Redsol solar project in Malaysia.
    The project is expected to provide 67 GWh of electricity per year and generate annual revenues of approximately $6 million
    .
    The project is being realized in conjunction with Fumas (Malaysia) Sdn Bhd, a US- and Malaysia-based asset management and development company focused on renewable energy
    in South and Southeast Asia.

    The Redsol project was awarded in Malaysia's second large-scale solar tender in December 2017 and will be Scatec Solar's fourth solar power plant
    in the country.

    "With this project, we will continue to strengthen our position as Malaysia's leading independent solar power producer and as a long-term partner
    in achieving the country's renewable energy targets," said the CEO of Scatec Solar.

    Scatec Solar will provide 100% of the project equity
    .
    In addition, the company is a turnkey EPC supplier that will provide operation and maintenance and asset management services
    for power plants.
    Construction of the grid is expected to begin in the fourth quarter of
    2019.

    :/, please indicate the source for reprinting)

    Recently, Scatec Solar announced the completion
    of financing for the 47 MW Redsol solar project in Malaysia.
    The project is expected to provide 67 GWh of electricity per year and generate annual revenues of approximately $6 million
    .
    The project is being realized in conjunction with Fumas (Malaysia) Sdn Bhd, a US- and Malaysia-based asset management and development company focused on renewable energy
    in South and Southeast Asia.

    solar energy

    The Redsol project was awarded in Malaysia's second large-scale solar tender in December 2017 and will be Scatec Solar's fourth solar power plant
    in the country.

    "With this project, we will continue to strengthen our position as Malaysia's leading independent solar power producer and as a long-term partner
    in achieving the country's renewable energy targets," said the CEO of Scatec Solar.

    Scatec Solar will provide 100% of the project equity
    .
    In addition, the company is a turnkey EPC supplier that will provide operation and maintenance and asset management services
    for power plants.
    Construction of the grid is expected to begin in the fourth quarter of
    2019.

    :/, please indicate the source for reprinting)

    /
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.