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Cleantech Solar Cleantech Solar
  • Home
  • Who We Are
    • About Cleantech Solar
    • Our Regional Presence
    • Here To Stay
    • Our Founders And Board Members
    • Management Team
      • Regional Management Team
      • India Management Team
    • Business Integrity
      • Code of Conduct
      • General Business Principles
      • Supplier Principles
      • Ethics and Compliance
      • Ethics Line
    • Sustainability
      • Sustainability – Our Approach
        • What Sustainability Means At Cleantech Solar
        • UN’s Sustainable Development Goals
        • Commitment and Policies
      • Environment & Communities
      • Safety
        • Our Approach
        • Personal Safety
      • Grievances
    • Partners, Memberships and Awards
  • What We Do
  • How It Works
    • Solar Explained
    • Your Questions Answered
    • Solar-as-a-Service
    • Get Started
    • FAQ
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Jan 11
Cleantech Solar Selected Project Sites (5)

Cleantech Solar and Shell complete transaction

Singapore, 11 January 2019 – Cleantech Solar announced today that it has completed the transaction for Shell Eastern Petroleum (Pte) Ltd (Shell) to acquire a 49% interest in the company, following receipt of all necessary regulatory and other approvals.

Cleantech Solar will continue to operate under its existing management and brand name. This transaction will allow Cleantech Solar to accelerate its growth while providing Shell an immediate path to a well-established commercial and industrial platform in Southeast Asia and India.

Solar energy is rapidly becoming a mainstream source of power for the commercial and industrial sector in Southeast Asia and India as large corporations in the region are transitioning from conventional energy to renewable energy. Robust engineering, combined with prudent but ambitious financial management, has made Cleantech Solar the go-to source for renewable energy among these multinational and regional corporations. With this new partnership with Shell, Cleantech Solar will further expand on its mission and core strengths which have always been to forge long-term partnerships with leading corporations built on trust, quality and delivery of safe, clean and reliable solar solutions.

View investment release on 19 December 2018 here.

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More Posts

  • Cleantech Solar emerged as No.1 (C&I) solar developer in India for utility scale open access projects for the second consecutive year
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  • Cleantech Solar completes four solar rooftop projects for Cargill Thailand

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E-Mail: contact@cleantechsolar.com

Cleantech Solar

Cleantech Solar is a developer that finances, constructs, owns and operates solar photovoltaic projects. We are headquartered in Singapore and operate Pan Asia, focusing on long-term investments within the commercial and industrial customer segments.

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CLEANTECH SOLAR
25 Church Street
#03-04 Capital Square Three
Singapore 049482
Email: contact@cleantechsolar.com

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