Sunseap receives S$50 million funding from ABC World Asia and Temasek

Singapore-based renewable energy solutions provider the Sunseap Group, has received a S$50 million investment from ABC World Asia, an Asia-focused impact investing PV fund, and state investment company Temasek Holdings. The funds will be used for developing solar projects in Singapore and other parts of Asia. The company also recently won the tender for SolarNova 4, under which solar panels will be installed across buildings in Singapore, including 1,218 Housing and Development Board blocks and 49 government sites. The project is expected to generate over 70 MWp of solar energy, increasing Sunseap’s generation capabilities in Singapore.

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