The SolarNova programme is a Whole-of-Government effort led by the Economic Development Board and HDB intended to prompt demand for solar photovoltaic systems to achieve economies of scale and to drive growth in Singapore’s solar industry. It appeals to public sector demand for the installation of solar panels across 1198 HDB blocks and 57 government sites with a solar capacity of 70 megawatt-peak.
Alpina Holdings’ subsidiary Digo Corporation and renewable energy systems developer and solutions provider Terrenus Energy were jointly awarded the sixth solar leasing tender under the SolarNova programme by the Housing & Development Board (HDB).
Following the award of this project, Digo Corporation and Terrenus Energy will be entering into a joint venture agreement regarding setting up a joint venture company that is meant to take on the SolarNova programme, though negotiations between the two companies continue to be underway.
