30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 40

Sunseap: powering your home and business with
solar energy
A
s renewable energy is no
longer considered a niche
technology, countries and
energy companies have embarked
on a race to impress the world with
majestic clean energy projects of
all kinds and demonstrate their
true potential. Some projects are
destined to meet increased national
energy needs in the wake of phasing
out fossil fuel power plants. Oth-
ers are seeking to use a country’s
competitive advantage and create
energy export opportunities. After
all, the charm of renewable energy
sources is that they have the ability
to change the world energy land-
scape, and give prominence to the
new ‘energy exporters’. As renew-
able energy is no longer considered
a niche technology, countries and
energy companies have embarked
on a race to impress the world with
majestic clean energy projects of all
kinds and demonstrate their true
potential.
Sunseap Group is the largest and
most established clean energy solu-
tions provider in Singapore, with re-
gional operations in South East Asia
Pacific. We currently have a portfolio
of pipeline and completed projects
that are close to 2 GigaWatt-peak
(GWp) of solar projects in Singapore
and around the South East Asia and
Pacific region.
Backed by institutional equity
investors, venture capitalists and
financial institutions such as Gold-
man Sachs and DBS, we have the
resources to create a dedicated and
bankable solution for our custom-
ers. From solar photovoltaic (PV)
installations, to offsite clean energy
supply, energy efficiency solutions,
and project financing, our integrat-
ed and holistic approach will solve
your energy needs and create added
value for any business.
Vision and Mission
Vision
Affordable Clean Energy for Every-
one
Mission
Spearheading clean Energy utilities
and decarbonising solutions in a
sustainable manner
Sunseap Green Finance
Framework
Under this framework, Sunseap and
its subsidiaries will be able to raise
green financing instruments (in-
cluding green loans, green bonds or
other debt instruments) to finance
or refinance green projects in three
eligible areas: renewable energy,
energy efficiency and green roof
systems. These can include renew-
able projects including rooftop solar,
run-of-river hydro and wind energy;
energy efficiency projects for ex-
ample smart grids, battery storage
and LED lighting retrofits, as well as
roof-top greenery projects.
Sustainalytics, a leading indepen-
dent ESG and corporate governance
research, ratings and analytics firm,
was engaged to provide a second
party opinion on Sunseap’s Green
Finance Framework. Its report
concluded that the framework is
credible and impactful, and contrib-
utes to UN Sustainable Development
Goals (SDGs) 7: Affordable and
Clean Energy and 11: Sustainable
cities and Communities.
Sunseap secures SGS$43
million Green Loan from
UOB
Sunseap secured a SGD$43m green
loan from United Overseas Bank
(UOB) to fund the installations of
solar photovoltaic (PV) systems
on the rooftops of 210 sites, from
“We are the leading clean energy solutions provider in
Singapore specialising in Solar PPA, offsite clean energy
supply, EPC and O&M solar PV solutions, demand-side
management, energy efficiency and more.”
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DECEMBER 2019