Singapore: HDB invests USD$2.3 million in solar PV panels

The solar panels, which amount to one megawatt (MW), will be installed at six HDB precincts – Jurong, Aljunied, Telok Blangah, Bishan, Ang Mo Kio and Jalan Besar. Construction is due to commence in the 4th quarter of this year; around 3,000 residential units will benefit.

CEO of HDB, Mr Tay Kim Poh, commented: “As the largest developer in Singapore, HDB can play a leading role in supporting Singapore’s efforts towards sustainable development. We see a lot of potential in developing clean, renewable energy – particularly solar energy – given our extensive coverage of HDB blocks all over Singapore.

"We also see a lot of potential in Punggol, our youngest town, and we aim to further our efforts in developing it as Singapore’s first Eco-Town. Hence, we are excited about our partnership with REC and CDM. These initiatives will support our efforts to providing the best possible homes and living environment for our residents."

The country’s Renewable Energy Corporation will provide the PV panels, which will be produced locally.