Panther Global Ltd, a leading renewable energy company, has secured a significant investment worth $45 million from Emerio Banque Investments to fund the construction of a 50-megawatt (MW) solar power plant in Hong Kong.
This is a significant milestone for Panther Global Ltd Hong Kong as it will help the company expand its renewable energy portfolio and reduce its carbon footprint. The solar funding power plant in Hong Kong is expected to help the region catch up with the global level of solar energy development and build a zero-carbon Hong Kong.
The new solar power plant will generate clean energy that can power up to 20,000 homes in Hong Kong, which is equivalent to reducing 30,000 tons of carbon dioxide emissions annually. The project is expected to create over 100 jobs during the construction phase and will contribute to the local economy.
Panther Global Ltd has already secured all necessary permits and approvals from the local authorities, and construction is set to begin in the coming months. It will be one of Hong Kong’s most significant solar energy generation projects when complete.
With this investment, Panther Global Ltd is well-positioned to become a major player in the renewable energy sector in Hong Kong and beyond. The solar funding power plant in Hong Kong is seen as a step in the right direction for the company, which sees renewable energy as a vital element in decarbonizing the power sector.
With a regional office in Bangkok, Emerio Banque Thailand is a global trade finance and investment firm and serves as one of the leaders in offering innovative and structured international trade finance solutions aimed at accelerating international trade flows, mitigating risks relevant to overseas trade, better cash flow, and achieving business goals.