Energy Magazine December 2019 | Page 119

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Total Solar DG also supports the Total Carbon Neutrality Ventures ( TCNV ) fund - a $ 400mn initiative aimed at reducing carbon footprint with clean / green energy . “ We ’ re working with some of our partners on hybrid solar battery projects and passing them through the Ventures team to help them with investment ,” reveals Adda . “ It ’ s exciting that TCNV is aiming to bring on board companies with disruptive new technologies that we can implement in our own projects .” Local partnerships in countries across Southeast Asia are vital for Total Solar to realise its ambitions and are , says Adda , the “ fundamental bedrock ” upon which the business is being built .
Among these , SolarGy , based in Singapore is a veteran of the industry working on a wide range of different projects for the Singaporean government . “ We ’ re seeing more customers keen to make power purchase agreements ( PPAs ) rather than buy a solar system ,” says Adda . “ We ’ re working with SolarGy to implement that approach and attract new customers . We are also exploring several partnerships with Saft , a company owned
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