Sunseap invests in Australia’s Todae Solar

Facebook
Twitter
LinkedIn
Reddit
Email
From Left: Keith Lim (CFO, Sunseap Group), Tirone Kahn (COO, Todae Solar), Lawrence Wu (Co-Founder and President, Sunseap Group), Danin Kahn (CEO, Todae Solar), Claude Von Arx (Director, Oceania, Sunseap Group), Frank Phuan (CoFounder and CEO, Sunseap Group). Credit: Sunseap

Singapore-based developer Sunseap Group has acquired a minority stake in Australian commercial and industrial (C&I) solar EPC company Todae Solar.

Operating over 15 years, Todae Solar has installed solar power in thousands of locations across Australia including over 75MW of capacity for various businesses in the country. The strategic partnership with Sunseap will provide further growth opportunities for both companies to deliver larger and more complex projects in Australia. Details of the minority stake were not disclosed.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

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 and operations and maintenance.

Lawrence Wu, co-founder and president of Sunseap Group, said: “This is Sunseap’s first investment in Australia’s commercial solar market and we are excited to enter into this partnership with Todae Solar, a leading player in the industry. “We believe that this is a timely move as the outlook for solar photovoltaics in Australia is bullish and the market is growing fast. Through this partnership, we will be able to tap Todae Solar’s extensive network of commercial clients to build a solar portfolio in the country.”

Danin Kahn, CEO of Todae Solar, said: “We are delighted to work with Sunseap, a leading solar energy company in the Asia Pacific Region. This collaboration will create synergies for both companies and improve the robustness of our businesses. We will use this opportunity to further enhance our position as Australia’s leading commercial installer as we build and strengthen our brand, and accelerate our growth. This partnership will also help expand our reach in Australia through Sunseap’s Asian clients operating in Australia.”

Sunseap has a pipeline of projects in Cambodia, India, Thailand, Vietnam and Malaysia, including a 168MW solar farm in Vietnam. In Singapore, it is the largest owner of solar rooftop systems, with more than 163MW of contracted capacity. 

Read Next

September 5, 2025
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.
September 4, 2025
ARENA has launched the second funding round of its AU$1 billion Solar Sunshot programme, making AU$150 million available.
September 2, 2025
SMA Solar has forecast financial losses and further restructuring measures in 2025, as it responds to falling sales and a “challenging” market for residential and commercial renewable energy installations.
September 1, 2025
Australia’s National Electricity Market (NEM) hit a record high for the combined utility-scale solar PV and wind share in the electricity mix on 30 August.
August 31, 2025
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of renewable energy and storage projects to its portfolio.
August 31, 2025
Two CIS tenders have opened in Western Australia, seeking 1.6GW of renewable energy generation in the Wholesale Electricity Market (WEM).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines