Rule against penalties: Singapore Court of Appeal affirms Dunlop test

The decision of the Singapore Court of Appeal on 15 December 2020 in Denka Advantech Pte Ltd & another v Seraya Energy Pte Ltd & another [2020] SGCA 119, has affirmed that, under Singapore law, the rule against penalties remains as stated by Lord Dunedin in Dunlop Pneumatic Tyre Company, Ltd v New Garage and Motor Company, Limited [1915] … Read more

AFRICA RENEWABLE ENERGY: ENERGY TRANSITION AND THE AFRICAN RENEWABLES MARKET

For our clients looking to invest in the “green” energy sector, the African renewables market is occupying a growing space in strategic thinking. Projected GDP expansion and rapid population growth will drive up energy demand in Africa, which combined with the presence of rich renewable resources (including wind, solar, geothermal and hydropower) means that African … Read more

DEVELOPMENT FUNDS: A GUIDE TO ALTERNATIVE FUNDING OPTIONS AVAILABLE TO SUPPORT THE DELIVERY OF RENEWABLE ENERGY PROJECTS IN AFRICA

For Africa-focussed developers and sponsors in the ‘green’ energy market, development funds (“DFs”) can offer a means to fast-track project development and enhance bankability. To help provide you with a better understanding of the funding options available in the market, we have produced a handy guide which profiles several DFs suited to Africa-based projects, summarising their respective offerings, eligibility and proposal criteria and... Read more