31 Aug '17, 12am

Sunseap signs off on 25-year PPA with ST Kinetics for 5MW PV system in Singapore #belugasolar

Sunseap signs off on 25-year PPA with ST Kinetics for 5MW PV system in Singapore #belugasolar

As part of the agreement, Sunseap will provide energy to five ST Kinetics locations in Singapore through rooftop PV panels. Image: Sunseap Southeast Asian sustainable energy provider Sunseap announced last week that it has signed off on a 25-year power purchase agreement (PPA) with ST Kinetics, the land systems and specialty vehicles subsidiary of engineering group, ST Engineering. As part of the agreement, Sunseap will provide energy to five ST Kinetics locations in Singapore through rooftop PV panels. Sunseap’s 5MW PV system is expected to be ready by October 2017. Once completed, the installation will be able to generate up to 6.2GW of PV energy per year and help ST Kinetics cut down its carbon footprint by about 2,633 tons annually. Lawrence Wu, co-founder and director of Sunseap Group, said: “It’s heartening to see leading companies like ST Kinetics making a long-term...

Full article: https://www.pv-tech.org/news/sunseap-signs-off-on-25-year...

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