Sunseap Group has completed the purchase of a minority stake in Todae Solar, one of Australia’s largest solar commercial and industrial engineering, procurement and construction (EPC) companies.
Sunseap is one of the largest and most established players in the solar energy industry in the region. It has a pipeline of projects in Cambodia, India, Thailand, Vietnam and Malaysia, including a 168-megawatt peak (MWp) solar farm in Vietnam, the largest in the country, a 62 MWp utility scale farm in the Philippines and a 10 MWp utility scale farm in Cambodia. In Singapore, it is the largest owner of solar rooftop systems, with more than 163 MWp of contracted capacity.
The strategic partnership will provide further growth opportunities for both companies to deliver larger and more complex projects in Australia. Sunseap will be able to leverage on Todae Solar’s expertise in solar EPC and construction management while Todae Solar will tap Sunseap’s expertise and track record in providing power purchase agreement solutions, project financing, operations and maintenance.
Todae Solar is the leading commercial and industrial EPC player with a 15-year track record of business continuity and project quality. It has installed solar power in thousands of locations across Australia including over 75-megawatt of combined solar energy for various businesses in the country.
The Government of Australia has granted planning permit approval for the 800 MW Golden Plains onshore wind farm in Victoria. The 800 MW Golden Plains Wind Farm will be developed about...
Read moreSumitomo Corporation, via its wholly-owned subsidiary Summit Southern Cross Power Holdings Pty Ltd (SSCPH), an electric power holding company in Australia, has acquired 100% of the shares of Infinite...
Read moreSnowy Hydro has appointed companies for the construction of Snowy hydropower project expansion, following extensive competitive tender processes over the last 18 months. The preferred tenderer for th...
Read moreCanadian Solar Inc has announced that it has been selected by Edify Energy and Octopus Investments to be partnering with Signal Energy to provide Engineering, Procurement and Constructions servic...
Read moreEdify Energy has announced that it has arranged more than AUD450 million (US$316.9 million) to finance the 333 MWDC (275 MWAC) Darlington Point Solar Farm, set to be the largest so...
Read more