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OceanScape International Ventures into Renewable Energy with Major Solar Panel Acquisition

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OceanScape International Ventures into Renewable Energy with Major Solar Panel Acquisition

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V2Y Corporation Ltd. ( (SG:V2Y) ) has issued an announcement.

OceanScape International Limited has announced its first major transaction in its new renewable energy business by entering into a sale and purchase agreement with Changshu Canadian Solar Power Technology Co., Ltd. for the acquisition of solar panels worth approximately US$3,184,000. This purchase is a strategic move to support the company’s nascent renewable energy projects, as it seeks to build inventory and expertise for future growth in the sector.

The most recent analyst rating on (SG:V2Y) stock is a Sell with a S$0.01 price target. To see the full list of analyst forecasts on V2Y Corporation Ltd. stock, see the SG:V2Y Stock Forecast page.

More about V2Y Corporation Ltd.

OceanScape International Limited, formerly known as V2Y Corporation Ltd., is incorporated in Singapore and operates in the renewable and sustainable energy sector. The company focuses on the generation and sale of electricity through renewable energy sources, such as solar panels.

Technical Sentiment Signal: Sell

Current Market Cap: S$3.71M

Find detailed analytics on V2Y stock on TipRanks’ Stock Analysis page.

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