SINGAPORE: Malaysia’s largest electricity utility, Tenaga Nasional Berhad (TNB), and Singapore-based solar firm Sunseap Group announced on Tuesday (Mar 2) they are forming a joint venture to trial clean electricity imports into Singapore from Malaysia. The partnership will import 100 megawatts of electricity to be generated from renewable energy sources, TNB and Sunseap said in […]
SOLAR ENERGY FIRM SUNSEAP SNAGS $50M FUNDING FROM TEMASEK, ABC WORLD ASIA
SINGAPORE: Sunseap Group has secured a total of $50 million from ABC World Asia, an Asia-focused impact investing private equity fund based here, and state investment company Temasek Holdings for solar projects in Singapore and other parts of Asia. ABC World Asia’s managing director Tan Shao Ming will also join Sunseap’s board of directors. Sunseap’s […]
Sunseap secures green loan from UOB to generate solar power at 210 sites across Singapore
Singapore: Sunseap, a leading Southeast Asian renewable energy firm, has secured a S$43 million green loan from United Overseas Bank Limited (UOB) to increase the use of solar power in Singapore. The green loan will be used to fund the installation of a series of solar photovoltaic (PV) systems on the rooftops of 210 sites, […]