Q1. Tell us about Cleantech Solar. What is the company’s portfolio size and what are your plans for the future? Cleantech Solar is leading provider of renewable energy to corporations in India and Southeast Asia. The company finances, builds, owns and operates on-site & open access solar projects under the PPA model. Headquartered in Singapore, […]
Cleantech Solar Completes 1 MW PV System For Thai Automotive Parts Manufacturer Daiwa Kasei
Cleantech Solar has announced the completion of a 1MW solar PV system for Daiwa Kasei (Thailand) Co., Ltd (DAT). DAT, with its parent company headquartered in Japan, is one of the world’s leading automobile parts manufacturers serving both domestic and international markets. The PV system will supply power to DAT under a long-term power purchase […]
Cleantech Solar Promoters Ready to Sell Majority Stake
The firm has a 500MW portfolio under various stages of development in India, Southeast Asia. Standard Chartered has been hired to find a buyer for the potential transaction.The potential deal comes against the backdrop of growing consolidation in the commercial and industrial segment. NEW DELHI : The promoters of Cleantech Solar Energy aim to sell […]
Cleantech Solar completes four solar rooftop projects for Cargill Thailand
Four operating sites are expected to generate over 3,000 MWh of clean electricity in a year; equivalent to reducing 1,750 tonnes of CO2 Thailand, 21 December 2020 – Cleantech Solar has announced the completion of four rooftop solar PV systems at Cargill sites across Thailand under long-term agreements where Cleantech Solar has funded, built, and […]
Cleantech Solar executes PPA with Osotspa
Cleantech Solar has announced the execution of a long-term solar power purchase agreement (PPA) with Osotspa Public Company Ltd, a leading consumer products manufacturer and distributor in Thailand, for a combined 3 MW solar PV system on Osotspa’s five factories across Thailand. The rooftop solar PV systems will be financed, designed, installed, maintained and operated […]
Cleantech Solar gets $75 mln loan from ING to fund SE Asia expansion
Singapore-based Cleantech Solar has secured a $75 million loan from Dutch bank ING Groep NV to finance its expansion across Southeast Asia, the companies said in a joint statement on Tuesday. Cleantech, which has Shell as one of its investors, will use the funding to help build over 500 megawatts of solar projects, according […]
Cleantech Solar to raise $200 million via ECBs
The Singapore-headquartered firm will utilise the fund to expand its capacity to 500 MW in the next couple of years from the existing 200 MW. Cleantech’s around three-fourth of the existing capacity is based in India and the rest in Southeast Asian countries. Cleantech Solar, a Southeast Asia and India-focused solar energy systems developer, is […]
Oriano completes 9 projects for Cleantech Solar across multiple states
These plants will generate clean energy that will offset annual carbon dioxide emission of 29,300 metric tons and have already created more than 310 jobs New Delhi: Solar EPC player, Oriano Solar, on Monday said it has completed nine projects for Cleantech Solar totaling 13.75 megawatt peak (MWp) across seven states and union territories in […]
Exide in shareholding pact with Cleantech Solar
Three SPVs have been formed by Cleantech Solar Energy to set up the plants for Exide Industries’ factories at Tamil Nadu, Haryana and Maharashtra The country’s largest lead-acid battery manufacturer Exide Industries has entered into an equity shareholding agreement with Singapore-based Cleantech Solar Energy for three captive solar power plants to be set up for […]