Sunseap gets investment from Shell for Asia Pacific solar

Facebook
Twitter
LinkedIn
Reddit
Email
Shell and Sunseap will partner on solar projects in the Asia Pacific region. Image credit: Sunseap.

Oil major Shell has invested in Singapore-based solar developer Sunseap.

Shell Technology Ventures’ funding means Sunseap and Shell will now collaborate on solar projects throughout the Asia Pacific region.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“We are excited about Shell Technology Ventures’ investment in Sunseap Group and Shell’s potential collaborations with the company on solar projects in the Asia-Pacific region,” said Marc van Gerven, VP of solar at Shell New Energies. “We are impressed by Sunseap’s ability to deliver innovative and affordable renewable energy solutions to meet customers’ needs, including through its strong distributed solar generation asset base in Singapore,” he added.

Frank Phuan, Sunseap’s director added: “Singapore is an important hub for a pan-regional solar development company and we are looking forward to working with Shell to further grow our business.

“We at Sunseap recognise that companies such as our recent client, Apple, have a vast network of assets and our distributed solar business model can help such companies to reduce their carbon footprint cost effectively,” claimed Phuan.

In May, Sunseap secured US$10.7 million for commercial solar projects in Singapore.

Shell Technology Ventures and the Omani sovereign wealth fund previously invested US$53 million in solar tech firm Glasspoint.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

July 18, 2025
The average price of solar panels used in distributed generation projects in the US reached US$0.27/W by the first half of the year.
July 17, 2025
Indian solar manufacturers are among the targets of a new petition filed by US producers alleging illegal trade practices by overseas firms.
Premium
July 17, 2025
Implementing greater policy clarity pertaining to the EPBD will be essential if Europe is to realise its distributed rooftop solar targets.
July 17, 2025
Corporate funding in the solar sector fell by 39% in the first half of 2025 compared with the same period last year.
July 16, 2025
Planning uncertainty and policy instability regarding renewables in Queensland have seen it slip in investment attractiveness, with New South Wales now leading Australia.
July 14, 2025
Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK