Sunseap Singapore: Leading the Way in Renewable Energy Solutions
If you’re looking for a renewable energy provider in Singapore, Sunseap is a company that you should consider. Sunseap is an energy retailer that offers green electricity plans with solar energy as a key selling point. They are committed to providing clean energy solutions that are sustainable, efficient, and cost-effective.
Sunseap has made a name for itself in Singapore and the Asia-Pacific region as a leading provider of renewable energy solutions. The company is known for its innovations in solar energy, which have helped to make solar power more accessible and affordable for businesses and households alike. They have also been recognized for their commitment to sustainability and have received numerous awards for their efforts in this area.
Whether you’re looking for a way to reduce your carbon footprint or simply want to save money on your electricity bills, Sunseap has a solution for you. With their innovative solar energy solutions and commitment to sustainability, they are a company that you can trust to provide you with clean, reliable energy.
Sunseap Group Overview
Sunseap is a leading solar energy system developer, owner, and operator based in Singapore. The company operates through five key units: Sunseap Leasing, Sunseap International, Sunseap Energy, Sunseap Engineering, and Sunseap Solutions. In this section, you will learn about Sunseap’s founding and leadership, expansion and APAC presence, and strategic partnerships and investments.
Founding and Leadership
Sunseap was founded in 2011 by Frank Phuan, a Singaporean entrepreneur who is passionate about sustainability and clean energy. Under his leadership, Sunseap has become a leading renewable energy champion in the APAC region. In February 2022, EDP Renewables (EDPR), a global leader in renewable energy, acquired a 91% stake in Sunseap. Since then, EDP Renewables APAC was formed, establishing a leading clean energy hub for the APAC region.
Expansion and APAC Presence
Sunseap has expanded rapidly since its founding, with a presence in Singapore, China, and other parts of the APAC region. The company has a history of over 11 years in renewables in the APAC region and has installed more than 300 MWp of solar capacity across more than 1,500 rooftops in Singapore. Sunseap has also completed the installation of a 5MW-peak floating solar farm, said to be one of the largest offshore solar developments in the world, in the Straits of Johor in Singapore.
Strategic Partnerships and Investments
Sunseap has formed strategic partnerships and received investments from various entities to support its growth and expansion. In February 2022, EDP Renewables acquired a 91% stake in Sunseap, providing the company with access to EDP’s global expertise and resources. Sunseap has also partnered with various companies, including Shell, to develop and operate solar projects in Singapore. Additionally, Sunseap has received investments from various entities, including Temasek, to support its growth and expansion.
In summary, Sunseap is a leading solar energy system developer, owner, and operator based in Singapore. Under the leadership of Frank Phuan and with the support of strategic partnerships and investments, Sunseap has expanded rapidly and established a leading clean energy hub for the APAC region.
Innovations in Renewable Energy
Floating Solar Farms
Sunseap is a leading player in the development of floating solar farms, which are an innovative solution to the problem of land scarcity in Singapore. These solar farms are built on reservoirs and lakes, which provide the necessary space for the installation of solar panels. Sunseap’s floating solar farms have a capacity of up to 5 megawatt-peak (MWp), making them one of the largest in the world.
The floating solar farms are connected to the national grid via subsea cables, which transmit the electricity generated by the solar panels to the electrical panels and transformers onshore. The solar panels are mounted on floats, which are designed to withstand the weather conditions in Singapore, including high winds and waves. The floats are also coated with an anti-barnacle and anti-fouling paint to prevent marine growth from affecting the performance of the solar panels.
Solar Energy Projects Across Southeast Asia
Sunseap has also been involved in a number of solar energy projects across Southeast Asia, including in Vietnam and Indonesia. These projects have helped to promote the use of clean energy in the region and reduce the carbon footprint of industries and households.
Sunseap’s solar panels are equipped with inverters, which convert the direct current (DC) generated by the solar panels into alternating current (AC) that can be used by households and industries. The solar panels are also designed to be modular, which means that they can be easily expanded or reduced depending on the needs of the customer.
Advancements in Energy Storage Systems
Sunseap is also exploring advancements in energy storage systems, which can help to address the issue of intermittency in solar energy. Energy storage systems allow excess energy generated during the day to be stored and used during periods of low solar generation, such as at night or during cloudy weather.
Sunseap is currently testing energy storage systems that use sea water as the storage medium. This innovative solution takes advantage of the temperature difference between the surface and deep sea water to store energy. The stored energy can then be used to power the electrical grid during periods of low solar generation.
In summary, Sunseap is a key player in the renewable energy industry in Southeast Asia, with a focus on solar energy and floating solar farms. The company is also exploring advancements in energy storage systems to address the issue of intermittency in solar energy. With its innovative solutions and commitment to decarbonisation, Sunseap is well-positioned to lead the transition to a green energy future in the region.
Frequently Asked Questions
What services does Sunseap Energy provide?
Sunseap Energy is a clean energy solutions provider in Singapore. They offer solar photovoltaic systems for residential, commercial, and industrial properties. They also provide energy retail services, energy storage solutions, and electric vehicle charging infrastructure.
How can I get in touch with Sunseap Singapore?
If you have any queries or need help with their services, you can get in touch with Sunseap Singapore through their website. You can also reach out to them via email or phone.
Where is Sunseap’s office located in Singapore?
Sunseap’s office is located at 28 Maxwell Road, #03-05 Red Dot Traffic Building, Singapore 069120.
What are the career opportunities at Sunseap Singapore?
Sunseap Singapore offers a range of career opportunities in the clean energy sector. You can visit their career page on their website to find out about their latest job openings.
Has there been a recent acquisition involving Sunseap?
As of June 2024, there have been no recent acquisitions involving Sunseap.
Can investors buy shares of Sunseap on the Singapore Stock Exchange?
As of June 2024, Sunseap is not listed on the Singapore Stock Exchange. However, they have raised funds through private investments and green financing.