Thai transformer manufacturer buys 15% stake in a solar company

QTC Energy, Thai transformer manufacturer, is to acquire a 15% stake in a solar farm developer Green Earth Power through its subsidiary QTC Global Power.

In this way the transformer manufacturer will be embarking on a solar project in Myanmar where Green Earth Power is working on a 220 MW solar farm which is scheduled for commercial operation in the first quarter of next year, reports Deal Street Asia.

Source: Deal Street Asia