Sunseap Group Pte Ltd announced that it is partnering China' Jiangsu Linyang Energy Co Ltd to develop renewable energy and energy efficiency management solutions.
The two companies signed a non-binding Memorandum of Understanding on 8th December to explore collaborations on solar photovoltaic projects both as potential supplier of solar panels as well as potential co-investor. They also propose to work jointly on projects to enhance energy efficiency and virtual power stations, and to adopt leading solar panel technology through the supply of Jiangsu Linyang's N type bifacial solar panels which are highly efficient and easy to install.
"We see much potential in leveraging our networks and domain expertise to deliver innovative clean energy solutions in a reliable and cost-effective manner to grow in the renewable energy market in Asia."
Mr Jue Cheng, Chief Executive Officer, Singapore Linyang Energy Technology Pte Ltd, said: "Sunseap is Singapore's leading clean energy solutions provider and we are delighted to be partnering them to tap the growing interest in the region for a more sustainable way to power homes, offices, factories and communal places."
"The partnership will combine the strengths of both companies to offer optimum clean energy solutions to our customers."