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LONDON, UK / ACCESSWIRE / August 3, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=RDS-A. Sunseap Group announced on August 01, 2017, that Shell Technology Ventures B.V, a corporate venture capital arm of Royal Dutch Shell PLC (NYSE: RDS.A) (NYSE: RDS.B) ("Shell") has invested in the Company. Shell has made the investment with the intention of collaborating with Sunseap on solar-based projects in the Asia/Pacific region, including Singapore. The financial and other details of the collaboration have not been shared by any of the Companies. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Commenting on the investment by Shell, Camillus Yang, Vice President for Corporate Development and Finance of Sunseap, said:

"Both our organizations are excited at the potential solutions we can deploy for the benefit of our shareholders, our customers and the stakeholders in the countries we operate in. As part of our collaboration, there are many capabilities and knowledge that we can cross leverage upon to deploy distributed solar generation projects in the Asian markets."

Marc van Gerven, Vice President of Solar, Shell New Energies, added:

"We are excited about Shell Technology Ventures' investment in Sunseap Group and Shell's potential collaborations with the Company on solar projects in the Asia/Pacific region. We are impressed by Sunseap's ability to deliver innovative and affordable renewable energy solutions to meet customers' needs, including through its strong distributed solar generation asset base in Singapore."

Sunseap ? an ideal partner in Singapore

Sunseap Group has three major business divisions - Sunseap Leasing, Sunseap International, and Sunseap Energy. Sunseap Leasing is the first and largest solar leasing company in Singapore. Sunseap International targets markets in the South East Asian and Pacific regions. Sunseap Energy provides clean energy solutions

Sunseap makes an ideal partner for Shell to collaborate in Singapore. Sunseap currently has about 160 megawatts of distributed solar contracts in Singapore and holds an electricity retailer license. The Company has also secured funding for utility ? scale solar projects in the region. In May 2017, it raised approximately S$6.7 million via third round of funding and $10.7 million (SGD$15 million) from United Overseas Bank (UOB). Sunseap aims to raise a total of approximately S$75 million for the Company's expansion plans.

The Company anticipates delivery of 200 megawatts of clean energy to its customers, who include government agencies and companies, including small and medium enterprises (SMEs). Some of its Singapore based clients include Apple, Housing Development Board, Singapore American School, Raffles Institution, the United Technologies Group, Jurong Port, ABB, and Panasonic. The Company also has several solar energy projects in the pipeline in Singapore, Malaysia, India, Vietnam, Thailand, and the Philippines. The Company has also won a contract to build a 10MW solar PV project in Cambodia and a 140 Megawatt-peak (MWp) solar farm in India.

Renewable Energy Market - Asia

Asia is emerging as the upcoming destination and market for renewable energy. Governments of various Asian countries have set up plans and goals for investing in alternative and sustainable energy sources and lower their dependence on hydrocarbon based fuels. These initiatives are set to help the renewable markets grow exponentially in the region.

As per the details shared by Sunseap, and according to a report by Bloomberg New Energy Finance's New Energy Outlook:

"The Asia-Pacific region will experience colossal growth in new power generation capacity over the next 25 years, with installed capacity tripling and electricity generation doubling. Renewable energy will make up nearly two-thirds ? or $3.6 trillion ? of the 4,890 gigawatts added during this period."

Shell's New Energies Division

In May 2016, Shell created a separate division, New Energies, to focus on renewable and low-carbon energy sources. This division will be parallel to the Company's Integrated Gas division and will be under the leadership of Maarten Wetselaar, Board member of the Company.

The Company allocated $1.7 billion in capital investment in this new green energy division which will have an annual spending of approximately $200 million. The division will start off with investments in wind power and later cover investments in biofuels, hydrogen, and solar energy.

On July 10, 2017, Ben van Beurden, CEO of Royal Dutch Shell had reinstated the Company's commitments towards renewable energy sources and that the Company would be spending $1 billion annually by 2020 on projects under the purview of the New Energies Division.

Factors like reducing costs of crude oil, increasing awareness, climate change regulations, the risk of environmental degradation and the resultant shrinkage in investor returns are forcing energy giants like Shell to look at non-carbon alternatives to survive and stay relevant.

Last Close Stock Review

On Wednesday, August 02, 2017, the stock closed the trading session at $57.38, climbing 1.02% from its previous closing price of $56.80. A total volume of 3.17 million shares have exchanged hands. Royal Dutch Shell's stock price rallied 9.76% in the last three months, 5.73% in the past six months, and 15.43% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have gained 5.52%. The stock is trading at a PE ratio of 29.44 and has a dividend yield of 6.55%. At Wednesday's closing price, the stock's net capitalization stands at $235.29 billion.

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