[SMM Flash News] Korkia Wins Environmental Permit for 150MWp Solar Plus Project in Sweden's Dalarna Region

Indonesia's Astrindo Nusantara Infrastruktur (BIPI) said it plans to divest 4,995 shares, representing a 99.9% stake in coal mining subsidiary Sintesa Bara Gemilang (SBG), to non-affiliated party Indo Panca Borneo (IPB) in a deal valued at Rp 1.79 trillion ($100 million), as part of efforts to optimize its business portfolio, strengthen its capital structure and reduce financial risks; BIPI and IPB signed a conditional share sale and purchase agreement on May 21, with completion targeted by year-end, and the divestment will be discussed at an Extraordinary General Meeting of Shareholders on June 30, with BIPI management telling the Indonesia Stock Exchange on Monday it believes the transaction will positively impact the company's financial condition and support future business development.

Japanese trading company Toyota Tsusho Corp (TYO:8015) has been contracted by the Beninese Electricity Production Company, under Benin's Ministry of Energy and Water, to deploy 50 MW/160 MWh of battery energy storage systems (BESS) for three solar power plants in Benin's Pobe region, at a total project cost of EUR 48.6 million (USD 55.4 million); Toyota Tsusho announced on Thursday that the three solar plants have a combined capacity of 75 MW, including a 25 MW farm it put into operation itself in March 2026, with German engineering firm Eiffage RMT serving as its EPC partner and the BESS project slated for completion in September 2027.