energy

SFQ Global unit wins $41.4 million EPC deal for solar and storage project in DRC

A unit of SFQ Global Limited has signed an EPC contract worth $41.4 million for a solar and energy storage project in the DRC, Reuters reports.

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what happened

A unit of SFQ Global Limited has signed an EPC contract to build a solar and energy storage project in the Democratic Republic of the Congo. The total contract value is $41.4 million. Of that, $22.3 million covers phase one and $19.1 million covers phase two. The information was published by Reuters.

why it matters

The deal is modest in size and involves a single company, so its effect on broader markets should be limited. Still, investor interest in solar generation paired with storage projects in developing economies remains a focus within the renewable energy sector.

tags

instruments

SFQ Global

sources

  1. Sfq Global Unit Enters Epc Contract For Solar And Energy Storage Project In Drc — Reuters, 21 October 2026 at 17:28 UTC

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