The move, which is the largest solarisation roll-out for retail malls in the country to date, is expected to save FPL about $220,000 annually in energy costs. The panels, projected to generate about 920,000 kWh of electricity a year, will also reduce over 370 tonnes of carbon emissions yearly, which is the equivalent of removing 80 cars from the road. The panels will supply an average of 2% of the energy needs of the participating buildings.
Frasers Property (FPL) is partnering SP Group to install close to 4,500 sqm (48,437.6 sq ft) of solar panels across seven of FPL’s retail and commercial properties in Singapore. The seven properties are Alexandra Technopark, Causeway Point, Century Square, Hougang Mall, Northpoint City (North Wing), Tampines 1 and White Sands.
A partnership agreement was inked between both parties on April 9. SP will manage the design, supply, delivery, installation, testing and commissioning of the solar photovoltaic (PV) system at FPL’s properties.
