Keppel Renewable Energy, a wholly-owned subsidiary of Keppel Corporation, has signed an agreement to acquire a 45% stake in Harlin Solar to develop a large-scale, greenfield solar farm in Queensland Australia for a nominal sum of A$540 ($545).

This is Keppel Renewable Energy’s first solar farm project, and is in line with Keppel’s Vision 2030, which puts sustainability at the core of the group’s strategy.

Keppel’s Vision 2030 envisages the group growing its renewable energy portfolio as it contributes to the accelerating energy transition, it says.

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