Sunseap Group is the most established renewable energy solutions provider in Singapore, offering comprehensive solar energy services, including financing, design, installation, and maintenance. Founded in 2015, the company’s vision is to provide affordable, clean energy for everyone. Sunseap Group Pte Ltd serves as the holding company for its three business units: Sunseap Leasing, Sunseap Energy, and Sunseap International. As a pioneer in the solar energy movement, Sunseap is responsible for the majority of grid-connected photovoltaic (PV) systems in Singapore. Its projects span rooftop, ground-mounted, and floating PV systems, serving commercial, industrial, residential, utility, and government sectors across Singapore and the broader Southeast Asia and Pacific regions.
Driving Innovation in Renewable Energy
Founders Frank Phuan and Lawrence Wu are committed to scaling up renewable energy solutions through extensive research and development. Sunseap’s Special Projects division drives innovation in off-grid energy solutions, energy storage, and floating solar systems. In 2017, the company participated in the world’s largest floating solar system testbed at Tengeh Reservoir, further cementing its reputation as a leader in sustainable energy solutions.
Pioneering the Solar Power Purchase Agreement (PPA) Model
Sunseap introduced the Solar Power Purchase Agreement (PPA) model in Singapore, which enables businesses to install solar energy systems at zero upfront cost. With an extensive solar portfolio exceeding 200 Megawatt-peak (MWp), Sunseap Energy also provides offsite renewable energy supply, reinforcing its position as a key player in the renewable energy market.
Major Partnerships and Milestones
2018 marked a significant milestone when Sunseap secured a 20-year solar electricity supply contract with Microsoft Singapore. The project, comprising a 60 MWp solar power system spread across hundreds of rooftops, is the largest solar energy portfolio in Singapore.
Sunseap also gained recognition as Apple’s renewable energy provider in Singapore since 2016, supplying 100% renewable energy to all its facilities. This made Apple the first company in Singapore to run exclusively on renewable energy.
Strategic Investment and Regional Expansion
In September 2017, Sunseap secured a S$75 million investment from Banpu Public Company Limited, a leading Thai utility company. The funding supports solar projects across Asia, with both companies leveraging their expertise to expand within the alternative energy sector.
Sunseap’s impact extends beyond Singapore, with expansion into Cambodia, Vietnam, Thailand, and India. The company believes in not only thinking globally but also acting locally, ensuring that its renewable energy solutions are tailored to the needs of each community it serves.
Commitment to Sustainability and Corporate Social Responsibility
Sunseap’s business model inherently promotes sustainability by helping businesses reduce their carbon footprint. The company has invested over USD $100,000 in supporting renewable energy events such as the Asia Clean Energy Summit, PVSEC, and the National Geographic Earth Day Run. Additionally, Sunseap collaborates with government agencies and energy service companies to introduce new renewable energy solutions that help clients achieve their sustainability goals.
A Shining Example of SME Success
Sunseap Group exemplifies how small and medium enterprises (SMEs) can thrive beyond their domestic markets. By integrating innovation, strategic partnerships, and a strong commitment to sustainability, Sunseap continues to drive the renewable energy movement forward, powering a cleaner and greener future for Singapore and beyond.
