Solar power provider Sunseap Group and utility Tenaga Nasional Berhad (TNB) have created a joint venture to trial importing renewable electricity from Malaysia to Singapore.
Sunseap has received a US$37 million loan from ING that its subsidiary, Sunseap Commercial Assets, will use to develop a 50MW portfolio of rooftop solar projects.
Singapore-based solar develop Sunseap Group is developing one of the world’s largest offshore floating photovoltaic (OFPV) systems, a pilot system standing at 5MW on sea water along the Straits of Johor.
Sunseap International, a subsidiary of Singapore-based Sunseap Group, has started construction of its 186MW, US$150 million solar farm in Vietnam – claimed to be the largest PV project in the ASEAN region.
