Singapore Solar Power Entrepreneurial Company of the Year
The Solar Power Entrepreneurial Company of the Year award recognizes solar power companies that display true entrepreneurial spirit in creating innovative and potentially disruptive new services or solutions in specific markets. The recipient of this Award has excelled based on one or more of the following criteria:
• Passionate Persistence
• Market Disruption
• Competitive Differentiation
• Market Gaps
• Price/Performance Value
In a highly competitive solar PV market , Sun Electric was able to come up with the most innovative platform through its SolarSpace® platform creating the most efficient solar-powered ecosystem in Singapore. In 2016, Sun Electric has managed to generate revenues of $20 million attributed to electricity sales and trading income becoming the first solar energy company to obtain an electricity retail license in Singapore. Since its inception in 2013, Sun Electric has managed to file 6 patents in the solar power industry which clearly shows its commitment towards not just beating competition but creating true value for its customers through high quality and innovative solar power products and solutions.
Furthermore, by leveraging on its unique business model coupled with an entrepreneurial zeal, it has been able to win solar projects from one of the biggest conglomerates in Singapore, thereby making it one of the versatile solar PV companies in the country.