PETALING JAYA: Renewable installations in solar, wind and storage facilities are set to rise by 40% year on year to another record 190GW globally this year, accelerating from a 30% on-year expansion in 2020 despite project delays caused by the Covid-19 pandemic, predominantly driven by solar photovoltaic (PV) solutions, followed by offshore wind installations, according […]
HSBC finances HNG Capital’s RM181m acquisition of a stake in Vietnam solar project
PETALING JAYA: HSBC Malaysia acted as the sole lender for a US$44 million (RM181 million) five-year committed term loan to Penang-based HNG Capital Group to finance the acquisition of a stake in a 330MW solar project in Vietnam. As part of the Malaysian investment holdings company’s vision to grow as a regional power player, HNG […]