Sembcorp Industries (Sembcorp) and global financial institution UBS have signed a PPA deal for the 6.3 MWp rooftop solar project in Changi Exhibition Centre in Singapore. Sembcorp will provide locally-sourced renewable power to support UBS Singapore’s operations over the next ten years.
Sembcorp is building the solar array composed of more than 15,000 photovoltaic (PV) panels, capable of generating over 7,840 MWh annually, for the CEC owner and manager Experia Events Pte Ltd which will use it to power its own operations at the site. The surplus power will be supplied to UBS Singapore offices.
The partnership will run 25% of UBS’s annual consumption across all of its offices in Singapore, where the amount of renewable energy consumed will replace close to 20 million kilograms of carbon emissions in 10 years. By 2020, 100% of UBS operations in Singapore will fully run on renewable energy.
