Earlier in January, Zentric secured 20MW PV modules from a PV module manufacturer.

Zentric president William Tien said by securing the contract the company will add $72m in revenue over the next 12 months.

"We are very excited to work with Matinee Energy and hope that upon the successful completion of this initial phase we have an opportunity to be awarded the EPC contract for additional phases of this very significant solar project," said Tien.

Matinee Energy CEO Chin Kim said, "Operational efficiency of multi-domestic partnership management will help us improve our contribution to global partners."