The sun is shining on Union Power
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The Government is pushing to increase solar deployment sixfold to 2 gigawatt-peak by 2030.
ST PHOTO: LIM YAOHUI
SINGAPORE - When surging prices threw the Singapore energy market into a tizzy, forcing almost half a dozen independent electricity retailers to exit over the past year, Union Power was not spared.
The firm, one of two independent retailers not backed by a power generating company, found itself badly exposed to the vagaries of the energy marketplace.
