The Japanese EPC specialist and the Geneva-based PV developer first announced plans to develop the 9.3MW and 24.7MW solar arrays in February.

Sumitomo Mitsui Trust Bank will arrange 80% of the financing via project debt, with an 18-year tenor.

Etrion, which holds an 87% stake in the projects, and Hitachi High Tech — which owns a 13% interest — will provide the rest of the funds.

This