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.
Country updates
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July 22, 2019
Singapore’s national water agency selects DNV GL as technical advisor for 50 MW floating PV farm
DNV GL has been contracted by PUB, Singapore’s national water agency, as technical advisor for the 50 MW floating solar photovoltaic (PV) project at the Tengeh Reservoir in Singapore. The proje...
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June 20, 2019
Sembcorp signs agreement to develop 6.3 MW rooftop solar project in Changi Exhibition Centre
Sembcorp Industries (Sembcorp) has signed a long-term agreement with Experia Events to install, own and operate rooftop solar panels with a total capacity of a 6.3-megawatt peak, atop its flagship fac...
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June 12, 2019
Singapore's PUB sets to build 50 MW floating solar PV system in Tengeh Reservoir
Singapore's national water agency, PUB, is set to deploy a 50 MW floating solar photovoltaic system located in Tengeh Reservoir by 2021. The agency has launched a request for proposal (RFP) to in...
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February 11, 2019
US$100 million clean energy fund launched for Southeast Asia
Singapore’s WEnergy Global, ICMG Partners and Greenway Grid Global have announced that they have formed a Singapore-based investment entity of US$60 million that will finance and opera...
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January 21, 2019
Cleantech Solar receives US$50m investment from Climate Fund Managers
Cleantech Solar, the leading pan-Asian supplier of renewable energy to corporates has received a USD 50 million equity investment from Climate Fund Managers (CFM), the climate-dedicated investme...
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