Singapore's Sunseap eyes expansion in Japan after latest Series E funding

The company earned an undisclosed amount from several new Japanese investors.

Singapore-headquartered clean energy provider Sunseap Group is set to expand its business in Japan on the back of investments from three Japanese corporations from its latest Series E funding round.

The new investors are Sumitomo Corporation, Shikoku Electric Power Company Incorporated, and Sumitomo Mitsui Finance and Leasing Company, Limited. The proceeds will be used by Sunseap to invest in projects in Japan at a time when the country has pledged to achieve carbon neutrality by 2050.

This is the first time that these Japanese corporations are investing in Sunseap. The partnership will pave the way for Sunseap to introduce a slate of clean technology and business solutions to the Japanese market.

“We are delighted to have Sumitomo Corporation, Shikoku Electric and SMFL, invest into Sunseap. These investments will certainly strengthen Sunseap’s capacity to expand its business in Singapore and in the region.”

Also Read

What is the future of gas in Australia's energy market?

Vietnam’s weak grid a barrier to direct power purchase policy

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit