goodwe september

ComfortDelGro and Engie Expand into Solar With Second Joint Venture

0
801

Reading Time: 2 minutes

Contendre

ComfortDelGro, through its wholly-owned subsidiary, ComfortDelGro Engineering Pte Ltd (CDGE) and ENGIE South East Asia (ENGIE) are expanding their strategic partnership from Green Mobility to Renewable Energy.

pixon september

Leveraging on ENGIE’s leading expertise in renewable energy worldwide, they will jointly develop and manage solar solutions as part of ComfortDelGro’s journey towards carbon neutrality.

Both companies have signed a second Joint Venture (JV) agreement with the intention to support the electrification of ComfortDelGro’s fleet of vehicles with renewable power and offer fast charging solutions to their drivers and public electric vehicle (EV) users from Renewable Energy assets on their premises through ComfortDelGro ENGIE Solar Pte Ltd (Solar JV).

The Solar JV comes just two months after the first venture, ComfortDelGro ENGIE Pte Ltd, had successfully won the tender to deploy 479 EV chargers across the island of Singapore by the third quarter of 2022. Its incorporation and the projects that it will undertake are however still subject to customary regulatory approvals. The Solar JV targets to operate by the second half of 2022. For a start, it intends to install and operate rooftop solar panels atop three buildings at Loyang, Pandan and Ubi operated by CDGE.

Also Read  Solarcentury Africa Joins Chimuara Solar Power Project in Mozambique

Apart from these buildings, the automotive workshops will also run on Renewable Energy deployed from these rooftop solar panels. The Solar JV also plans to offer renewable energy solutions to ComfortDelGro’s customers and business partners that are looking to deploy Renewable Energy to their own buildings.

Said Mr Thomas Baudlot, CEO Energy Solutions APAC and Country Head South East Asia “I am very excited to expand our partnership with ComfortDelGro from Green Mobility to Renewable Energy and help accelerate their journey towards carbon neutrality.”

Equally excited about the Solar JV is Mr Ang Soo Hock, CEO of CDGE. He said “We are excited about taking the partnership that we have with ENGIE further and expanding it into the Renewable Energy sector. Beyond the electrification of our vehicle fleets is the need to build charging farms powered by renewable energy on our premises that offer fast charging solutions to our cabbies as well as the public EV users. This [Solar] JV is another crucial step towards achieving this. One of our long
term sustainability goals is to meet the preliminary target of 50MWp renewable energy capacity by 2030, which is equivalent to powering up 12,500 four-room housing flats.”

Also Read  Week In ASEAN: M K Land Diversifies Into RE With Solarvest As Its EPCC Solutions Provider; Reservoir Link Energy Anticipates RE Segment To Add Minimum Of 60% This Year To Its Revenues; And More

ComfortDelGro ENGIE has also pledged to play a major role in the deployment of the 60,000 EV chargers targeted by Land Transport Authority as part of the SG Green Plan 2030, and will leverage on the Solar JV to offer EV charging solutions powered by Renewable Energy harnessed from the solar panels.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.