30 Fastest Growing Companies in Asia 2019 30 Fastest Growing Companies in Asia 2019 | Page 41

Meet the CEO and Executive Director
Frank Phuan
Frank has over 20 years of experience in the solar
industry, and possesses an Honours Degree in Applied
Science in Materials Engineering from Nanyang
Technological University (NTU). Prior to setting up
the company, Frank spent time in his family business,
manufacturing solar panels and learning the ins and
outs of the business. An experienced entrepreneur,
Frank also spent time delving into advertising, IT and
F&B. Frank is also a member on the NTU College of
Engineering Advisory Board.
Frank Phuan
CEO & Executive Director
commercial and industrial to govern-
ment premises. Collectively, the sites
have a total solar capacity of 37 MW-
peak that can supply enough energy
to power more than 9,600 4-room
housing development board (HDB)
flats for one year. The green loan, in
an agreement with Sunseap Green
Finance Framework, will tap various
financing instruments to fund its
projects and businesses with environ-
mental benefits, mainly on the areas
of renewable energy, energy efficien-
cy and green roof systems. contributed to the development of
the clean technology sector in Singa-
pore and beyond. Till date, theyhave
secured capital to fund their portfolio
of solar projects of several hundred
Megawatt-peaks. Their financial part-
ners include; Goldman Sachs, DBS,
UOB, ING and OCBC. Sunseap has also
forged long-term relationships with
strategic partners such as EDB, IE
Singapore, SPRING Singapore, SERIS
and DNV.
Backed by reputable and credible fi-
nanciers, Sunseap has developed and UOB has partnered home grown solar
companies SolarGy, SolarPVExchange
Clean Energy Investments
SolarGy, SolarPVExchange
and Sunseap lend weight to
UOB’s solar financing plan
and Sunseap Group for the Singa-
pore portion of its regional U-Solar
programme, which connects Asian
businesses and individuals with the
lenders solar company partners to
help clients go green by switching to
solar power. Under the collaboration,
businesses and homeowners will be
able to adopt solar energy by choos-
ing from the installation, commission-
ing, operations and after-sales service
packages for solar power systems
provided by the three solar firms. To
help with the costs of installing and
maintaining the system, UOB will of-
fer business owners solar equipment
financing, while homeowners can opt
for a zero per cent interest install-
ment plan of up to 36 months.
SR
DECEMBER 2019
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