Cleantech Solar
Cleantech Solar, founded in 2014, is a medium-sized company in the Renewable Energy Semiconductor Manufacturing industry, specializing in solar and wind power solutions with headquarters in Singapore and operations across Southeast Asia and India.
Company Overview
Cleantech Solar operates in the Renewable Energy Semiconductor Manufacturing industry and was founded in 2014. The company is classified as a privately held medium-sized business with a team size of 192 employees. It has its headquarters in Singapore and maintains additional locations in Mumbai, Bangkok, Kuala Lumpur, Ho Chi Minh City, Phnom Penh, and Jakarta. Cleantech Solar focuses on providing renewable energy solutions, particularly in solar power, and emphasizes its commitment to sustainability.
Services Offered
Cleantech Solar specializes in a range of renewable energy services, including solar power, power purchase agreements (PPA), solar leasing, and rooftop installations. The company provides turnkey solar solutions encompassing design, installation, operation, and maintenance. It also offers a 'green power-as-a-service' business model, enabling corporations to achieve their sustainability goals. Cleantech Solar operates approximately 1GWp of assets across various stages of operations, construction, and development.
Sector and Market Presence
Cleantech Solar is active in the commercial and industrial segments across Asia, with renewable energy installations in countries such as India, Singapore, Cambodia, Indonesia, Malaysia, Thailand, and Vietnam. The company operates over 160 solar power plants in these regions and has a portfolio of over 300 MW of solar projects, most of which are currently in operation. Cleantech Solar holds a Power Trading license in India, enhancing its market presence.
Strategic Partnerships and Funding
Cleantech Solar is backed by long-term strategic shareholders, including Keppel Corporation, Keppel Asia Infrastructure Fund, and Shell Singapore Pte. Ltd. The company secured a US$75 million green loan from ING Bank N.V. to support its renewable energy initiatives. Additionally, Cleantech Solar is a member of various industry associations, such as the National Solar Energy Federation of India and the Sustainable Energy Association of Singapore.
Commitment to Sustainability
Cleantech Solar is committed to sustainability through initiatives aimed at reducing CO2 emissions and enhancing resource efficiency. The company has received ISO 45001 certification for its health and safety practices. It operates a state-of-the-art control room for real-time performance monitoring of its solar power plants, ensuring operational efficiency and sustainability in its projects.