Terrenus Energy Pte. Ltd. and Digo Corporation Pte. Ltd. have been awarded a 70 MWp solar contract by the Housing Development Board (HDB) and Singapore Economic Development Board (EDB). This project is the sixth solar leasing tender under HDB’s SolarNova program which will see the installation of solar panels across 1,198 HDB blocks and 57 government sites.
Once completed, it will become Singapore’s largest collection of distributed solar systems capable of generating at least 90 GWh of solar energy annually, enough to power around 20,000 4-room HDB flats for one year. It will also help to offset carbon emissions by about 38,000 tonnes per year.
As part of SolarNova Phase 6, Terrenus Energy is developing proprietary smart electrical power meters to be installed at assigned HDB blocks. The devices will gather and track energy consumption patterns and performance data of common services such as lifts. Tapping onto this data, HDB and Town Councils can compare and derive actionable insights on energy supply and demand across individual blocks in an estate.
Sun Cable has completed an AUD210 million (USD151.07 million) Series B capital raise to fund the development work of the Australia-Asia PowerLink (AAPowerLink) project.
Read moreGreen Era Pte Ltd has completed the sales and purchase agreement to acquire a 33.33% shareholding stake in Star Energy from BCPG Public Company Limited for US$440 million. Star Energy owns cont...
Read moreEDP Renewables (EDPR) has reached an agreement to acquire an 87.4% stake in Sunseap, the largest distributed solar player and top 4 solar players in South East Asia. Between signing and closing, EDPR...
Read moreSDCL Energy Efficiency Income Trust (SEIT) has updated investors on its recent investment and financing activity. SEIT has made an investment commitment of GBP3 million (US$4.1 million) to implement,...
Read moreSingapore's Energy Market Authority and Singaporean state-owned JTC have jointly launched a Jurong Island Renewable Energy Request for Proposals (RFP) to accelerate the development of clean energy inn...
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