Sun Electric commemorates its first retail of solar electricity in Singapore

Share

Singapore continues to take small steps towards the development of a domestic PV market. Singapore's Energy Market Authority (EMA), the Jurong Town Corporation and SPRING Singapore joined Sun Electric in commemorating the solar company's first steps into solar retailing solar electricity, at an event held at the Fullerton Hotel.

Sun Electric developed the 500 kW PV project which is located on three factory roofs in the Jurong and Tuas districts. Sun Electric sells the electricity produced by the rooftop systems to local businesses and households.

Sun Electric informed pv magazine that electricity from the array has been supplied to retail customers since the it was completed in January. The company's business model is to lease roof space from building owners for a PV system, and then to sell the electricity to the owner or to third parties.

While a significant solar location regarding the financial community, as REC's primary manufacturing location and because of the Solar Energy Research Institute of Singapore, the island nation has yet to fully embrace solar power. The lack of a downstream PV market is due predominately to the non-market structure of Singapore's electricity supply and the need for virtual net metering programs to facilitate business models such as Sun Electric's.

Solar has been developed in Singapore under offsite Power Purchase Agreements. Late last year developer Sunseap entered into a deal with Apple to supply 1.1 MWp, or 40 GWh annually, of solar to the company allowing its operations to source 100% of its electricity needs with PV. Sunseap pioneered the provision of electricity generated on third-party roofs offsite in Singapore.

Reuters notes that Singapore sources less than 1% of its power from solar PV while remaining heavily dependent on natural gas imports.

"The EMA will continue its efforts to facilitate the entry of independent electricity retailers," Loh Khum Yean, chairman of EMA told Reuters.

This article was changed on March 15 to reflect that Sun Electric is not the first company to retail solar electricity in Singapore.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Chinese developer switches on world’s largest perovskite-based PV plant

09 December 2024 MicroQuanta, a Chinese perovskite solar specialist, has commissioned a 8.2 MW PV facility based on its 90 W perovskite panels in eastern China.

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.