More than 75 HDB blocks in Ang Mo Kio Town will be installed with a grid-tied solar photovoltaic (PV) system.
This comes after BBR Holdings announced it has secured its first contract to install the solar PV system for HDB under its new Green Technology business segment.
According to the group, this award is the single largest solar-leasing project for a total system size of 5MWp (Megawatt peak) to be installed among five precincts within the Ang Mo Kio GRC.
The Ang Mo Kio Town Council will undertake a power purchase agreement over a 20-year tenure to pay for the solar generated electricity, at a preferential rate that is not higher than retail electricity tariff rate.
Under the solar leasing model, BBR will design, install, operate and maintain the 5MWp grid-tied solar PV system for the blocks.
Around 20,000 solar panels will be installed on the blocks’ rooftops and they are expected to generate more than 6GWh of electricity annually, which will power several public facilities such as lift operations, corridor and staircase lightings, and water pumps.
BBR’s CEO Andrew Tan said, “Building solar capabilities using PV technology is key to sustainable development and vital in providing an alternative renewable energy source for Singapore. We are optimistic that we can play an active role in the adoption of solar energy among private and public sectors in Singapore and the region.”
The solar leasing model has been adopted by HDB in its solar capability building programme which will enable it to extend solar PV installations to more precincts in Singapore on a large scale.
Image: File photo of solar panels
Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg
