Singapore’s Sunseap receives $43 million green loan to install 210 rooftop solar systems

The Sunseap Group, a Singapore-based renewable energy firm, has secured a $43 million green loan from United Overseas Bank Limited to increase the reach of solar power in the country. The Southeast Asian renewable energy company will use this loan to install solar PV systems on 210 rooftops, ranging from commercial and industrial premises to government establishments. The sites have a total solar capacity of 37 MW, which would provide power to more than 9,600 four-room flats of the Housing and Development Board for a year. The solar power generated will also help reduce greenhouse gas emissions by 17,000 tonnes per year.

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