QSTec shines with construction loan

Renewable energy firm Qatar Solar Technologies (QSTec) has signed a $1bn facility with a domestic bank to finance the construction of a manufacturing plant.

  • 30 May 2012

Islamic banking house Masraf Al Rayan will provide the funding for the credit’s flagship polysilicon production plant. Polysilicon is a component used in solar panel construction.

“The signing of this deal with Masraf Al Rayan is a significant milestone for QSTec and a major step in the development ...

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