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DBS Bank Loans $29 Million to Sembcorp for a 60 MW Floating Solar Project

The 60 MW floating solar project will be located on the Tengeh Reservoir in Tuas

August 24, 2020

/ Harsh Shukla
/ Floating Solar, Solar
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Singapore-based DBS Bank announced that it had provided a 40 million Singapore Dollar (~$29.29 million) loan to Sembcorp Industries to build one of the world’s largest floating solar photovoltaic (PV) projects on the Tengeh Reservoir in Tuas, Singapore.

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Harsh Shukla

More articles from Harsh Shukla.
Clean energyDBSFloatingLoanSembcorp IndustriesSingaporeSolar
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