PSA Corporation and Singapore-based Sunseap Group have signed a 21-year solar power purchase agreement for Sunseap to provide solar power at the container port and ancillary buildings in PSA’s Singapore facilities.
Sunseap will construct and install a 4 MW peak solar system across five sites in PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal.
Under the contract, Sunseap will install and maintain the solar photovoltaic system as well as offer a competitive electricity tariff rate.
The solar photovoltaic system is estimated to be operational by end of October 2018. Once completed, it will generate approximately 4.3 GWh of energy per year and offset a portion of Pasir Panjang Terminal’s energy needs.
Frank Phuan, Co-Founder and Director at Sunseap Group, said, “The contract underscores PSA’s confidence in Sunseap’s track record of delivering best-in-class solar energy solutions.”
Ong Kim Pong, Regional CEO Southeast Asia, PSA International, added, “PSA is pleased to enhance our commitment to environmental sustainability in Singapore through the implementation of solar power solutions on a terminal-wide scale.”
Singapore is stepping up efforts to encourage businesses to reduce greenhouse emissions and consider clean energy options. In 2016, the government announced that a carbon tax would be imposed in 2019 on power producers and large carbon emitters based on each tonne of carbon they release.