Tuesday, October 1, 2013

Singapore Housing Development Board is tendering out 5MW solar-leasing project

Just about a week ago, report surfaced that Singapore is installing its largest to-date rooftop solar PV with rated capacity of 1.2MW.

Few days ago, PV magazine reported another encouraging solar news from the city state - The Housing Development Board (HDB) is currently drawing up plans for the largest single solar-leasing project to date comprising 5MW in total in four precints on the main island.

First solar-leasing project in Punggol to develope 3MWp systems by Sunseap is currently on-going. Photo by Sunseap Enterprises Pte Ltd

Plan for 5MWp solar-leasing system at housing blocks

The tender is for prospective company to own and operate the panels on about 125 housing blocks in four precints:
  • Ang Mo Kio
  • Sengkang
  • Serangoon North, and
  • Buangkok.

The total solar electricity generated is expected to be around 5MW. This capacity can power more than 1,000 four-room HDB apartments. The HDB will be offsetting up to 30% of the start-up costs and will also purchase the electricity generated for 20 years at a 5% or greater discount off the prevailing market price.

The solar electricity generated will then be used to power the corridors, lifts, water pumps and other ancillary common areas in the apartment blocks. The HDB also wants to look into the possibility of households being able to buy solar generated electricity.

The HDB is a statutory board of the Ministry of National Development and is responsible for public housing in Singapore where as many as 80% of the population live.

Current project in Punggol

In January this year the HDB awarded a tender to solar developer Sunseap to lease 3MWp systems for 80 blocks in Singapore's first eco-town in Punggol. Installation works are expected to be completed by 2014. In this project, Sunseap will design, finance, install, operate and maintain the solar PV systems.

TheGreenMechanics: Solar leasing project - No FiT involved in the Singapore case here, but with innovation and creative ideas, developers and the local government can work together to arrive at a win-win conclusion.

Can we do that in Malaysia?

Reference: pv magazine

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