Singapore
Singapore-based Kibo Invest co-led the funding round.
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Rest of Asia
The total project cost is estimated at about $500 million.
World
Others approached include BlackRock, Lightrock, Patria.
KKR is investing through its Global Climate Transition strategy.
It will also provide $4.5 million in subordinated debt to the IIX Women’s Catalyst Fund.
Greater China
JA Solar and Trina Solar have sold panel factories in the past seven months.
The asset class is proving defensive against broader instability.
India
SAEL is planning to file for an IPO this year, says CEO.
Price cutting has driven down prices of some components by 30% in Jan-May.
Hong Kong-based Templewater will manage the fund.