Interra Resources (SGX:5GI) entered into a legally binding heads of agreement with Sany Silicon
Energy (Zhuzhou) for the development of solar farms in Indonesia, according to a filing with the Singapore Exchange on Thursday.
Under the agreement, the two companies will submit a tender for some of the 21 solar farm projects to be
launched by PT PLN Nusantara Power in 2024
Sany is a subsidiary of Hong Kong listed Sany Heavy Equipment International Holdings (HKG:0631).
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.