Sunseap Group to supply 2MW solar power in Punggol town, Singapore

Its subsidiary won the Housing Development Board’s tender to install and supply photovoltaic rooftop solar system in Punggol eco-town.

In a release, solar manufacturer and leasing services provider, Sunseap Group, announced that its subsidiary, Sunseap Enterprises, has won the Housing Development Board’s (HDB) solar leasing tender contract to install and supply 2 megawatts of photovoltaic (PV) rooftop solar system in Punggol eco-town. The lease option is believed to be the first-ever of its kind in Singapore and in the region. The program helps building owners stay competitive while doing the right thing for the environment.

A signing ceremony was held on 15 September 2011 at the HDB Hub in Toa Payoh between Sunseap Enterprises and the statutory board. The tender is part of HDB’s Solar Capability Building Programme, supported by the Inter-Ministerial Committee on Sustainable Development. The generated electricity from the solar panel will be used by Pasir Ris-Punggol Town Council to power lights in common areas, lifts and pumps, among other services.

“This award augments Sunseap Leasing's track record as a reliable solar leasing services provider while the partnership between our company and HDB marks a great initiative in moving towards sustainable technology. The move to solar energy is no doubt a win-win decision and we hope to inspire more solar adoption in our community,” says Frank Phuan, Director of Sunseap Leasing.

The solar leasing tender involves:

• Pasir Ris-Punggol will purchase electricity produced from the solar systems.
• Electricity prices will not be higher than the prevailing electricity tariff rates, as published on a quarterly basis by the SP Services.

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