Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India, has signed a power purchase agreement (PPA) with food and beverage conglomerate YHS (Singapore) Pte. Ltd., subsidiary of Yeo Hiap Seng Limited, to develop an 800 kWp rooftop solar PV system at the latter’s manufacturing facility in Senoko.
The long-term partnership between Cleantech Solar and Yeo Hiap Seng is expected to generate approximately 18.5 GWh of renewable energy during the project’s lifetime, which amounts to a reduction of over 7.5 kilotonnes of CO2 emissions. Cleantech Solar will provide a complete turnkey solar solution, with the project being operated and maintained by Cleantech Solar throughout the term of the agreement.
Mr. Colin Tan, Chief R&D Officer at YHS (Singapore) Pte. Ltd., who heads YHS’ Sustainability Committee, said “We are delighted to partner with Cleantech Solar in our renewable energy journey to help power our manufacturing operations. As a Singapore heritage brand with over 120 years of history, we strive to enhance the sustainability of our operations and are committed to supporting Singapore’s ambition of achieving net zero emissions by 2050. We will look to explore other forms of renewables in the future to support our business goals.”
Mr. Raju Shukla, Founder and CEO of Cleantech Solar, said “It is wonderful to be the solar partner of choice for Yeo’s in Singapore, powering their manufacturing facility with our top-of-the-line solar solution. The energy generated from this rooftop solar project will lead to markedly reduced carbon emissions along with providing security of energy supply. Congratulations to Yeo’s on this significant step towards their sustainability goals and we look forward to the successful commissioning of the solar PV system.”