REPEAT PARTNERSHIP WITH LYS ENERGY TO BUILD THREE ADDITIONAL ROOFTOP GRID-TIED SOLAR PHOTOVOLTAIC SYSTEMS IN SINGAPORE

The Solar Energy Projects

Since 1991 as a veteran in real estate management services, our Client (the Group) focuses on making value to their customers in space optimization and creating a productive environment for SMEs and born-global businesses in Singapore, Hong Kong, China, Indonesia, Cambodia, and Myanmar.

Current Energy Transition brings to change our approach to energy generation and consumption. As part of the Group’s commitment to sustainability, together with the regional leader in solar energy solutions LYS Energy (LYS), our Client is committed to reducing its carbon footprint – by adopting renewable energy (RE) for their business practices.

Their first clean energy initiative in 2019 encompasses three different sites in Singapore – two in Eunos and in Ang Mo Kio, for a total of 455kWp. The solar energy photovoltaic (PV) systems will help the Group to lower its dependence on conventional electricity while stabilizing their energy costs. In addition to the cost-benefits, this clean initiative will enable the company to purchase RE at a competitive grid-price and offset approximately 258 tonnes of CO₂ emissions annually.

The last quarter of 2021 marked a repeat partnership with LYS Energy with the commissioning of three additional solar photovoltaic systems atop three other facilities in Singapore – Toa Payoh, Kallang Bahru, and Keppel Road, for a cumulative total size of 597kWp.

LYS always selects top-notch components combined with high quality of service to provide our customers with the best solar energy experience and has chosen JA Solar monocrystalline modules 455W and 460W for these projects to optimize the annual energy output. Toa Payoh PV system is made up of 432 modules installed on a reinforced concrete (RC) roof, Kallang Bahru’s made of 333 modules installed on both RC and metal roofs, and Keppel Road’s made of 538 modules installed on RC roof.

The three newly solar PV power plant will generate an average of 15.96GWh of total energy guaranteed and offset approximately 6,511 tons of CO₂ over the next 25 years.

Based on the current production output and premises consumption, the energy generated by the solar power plants is expected to be 100% self-consumed, helping to considerably reduce our Client’s reliance on conventional electricity.

Fig1.0 – 3.0 From the top to down: Toa Payoh, Kallang, and Keppel Rd rooftop solar PV systems

[Discover LYS Energy clean energy Projects Reference]

Figure & Facts | Key Benefits

Besides energy savings guaranteed, this repeated initiative will further support our Client to transition towards cleaner energy by shifting away from utilizing energy generated from conventional resources such as fossil fuels and reducing the carbon footprint of their business activities.

Based on an outright purchase EPC contract, our Client benefits from switching to solar:

• lower and more predictable utility costs that translate into energy savings guaranteed,
• reliable and cleaner source of energy,
• while strengthening sustainability branding by offsetting CO₂

Through a set of newly developed innovative solutions, future adopters have flexibility in the way they would consume green and clean electricity. LYS Energy’s holistic approach to sustainability has granted us the praise of our client, who are appreciative of the persistent support and innovative solutions our experts tailored for them.

Our client’s vision and shared values in transforming the world reliably and responsibly, have brought them to partner with LYS Energy. We are delighted to be contributing to the real estate management services sector and be a trusted partner to empower our client’s mission to transition their operations towards low-carbon activities.