The power purchase agreement (PPA) has a tenure of seven years, and the “default option” at the end of the PPA tenure is for the PV system to be transferred to SingPost, says the spokesperson.
A new 995 kilowatt-peak (kWp) rooftop solar photovoltaic (PV) system atop the SingPost Centre is expected to generate about 4% of the mixed-use development’s annual energy consumption. The system is expected to generate around 1,150 megawatt hours (MWh) of electricity annually, or enough to power 271 four-room HDB flats in Singapore.
Work on the solar panel installation began in May, and the solar PV system is owned, operated and maintained by Sembcorp Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries (SGX:U96
) , says a Singapore Post (SGX:S08) (SingPost) spokesperson to The Edge Singapore.
