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Fri, Sep

Sembcorp Industries (Sembcorp) is pleased to announce that it has signed a long-term solar energy deal with US-headquartered tech company, Facebook. Under this deal, Sembcorp will help provide locally-sourced renewable power to support Facebook’s recently announced 170,000 square metre Singapore data centre, as well as its other Singapore operations, over the next 20 years.  Sembcorp Industries (Sembcorp) is pleased to announce that it has signed a long-term solar energy deal with US-headquartered tech company, Facebook. Under this deal, Sembcorp will help provide locally-sourced renewable power to support Facebook’s recently announced 170,000 square metre Singapore data centre, as well as its other Singapore operations, over the next 20 years. 

Sembcorp is a homegrown Singapore power player with over two decades in the business. It is the only established power gentailer (generation affiliated retailer) in the country to offer renewable energy, and has one of Singapore’s largest solar power portfolios. Sembcorp will serve Facebook’s renewable energy needs through offsite solar panels totaling 50 MWp in capacity. These panels will be installed on close to 900 rooftops in the land-scarce island state, between the end of this year and 2020.

Koh Chiap Khiong, Head of Sembcorp’s energy business in Singapore, Southeast Asia and China, said, “At Sembcorp, our goal is to provide energy that makes a difference. One key way is through providing clean energy to companies and our community. Against this background, Sembcorp is very honoured to become Facebook’s first renewable energy partner in Asia, with our new 20-year solar power deal.  This demonstrates our ability to offer clients a strong value proposition to support their power needs and meet their environmental goals at the same time.  We look forward to working with more companies for such solutions in the future.”

Commenting on the deal, Neil McGregor, Group President & CEO of Sembcorp Industries, said, “Our deal with Facebook is an example of how Sembcorp is aligning its business to the future. As our world moves towards renewables and lower-carbon energy, there is an increasing demand for solutions that enable businesses to achieve growth while managing their impact on the environment. Sembcorp is actively working with companies in this, and supporting their efforts towards this dual objective.”

Bobby Hollis, Head of Global Energy at Facebook, also welcomed the deal.  “This agreement represents our first step towards supporting our Singapore Data Center and local offices with 100% renewable energy,” he said.  “We are thrilled to have Sembcorp as our partner on this project and excited to see the continued acceleration in the growth of the renewable energy market in Singapore.”

Sembcorp has a strong commitment to sustainability. The company has been steadily growing its renewable energy business, and now has over 2,500 megawatts of wind and solar power projects across Singapore, China and India. Earlier this year the company announced ambitious targets to double its renewables portfolio and reduce its carbon intensity by around 25% by 2022.

This contract involves the sale of 100% of the renewable energy attributes from the surplus power generated by Sembcorp’s 50 MWp of solar panels. These sales will commence in tandem with the installation of the rooftop panels between end-2018 and 2020. The contract is not expected to have a material impact on the earnings per share and net asset value of Sembcorp Industries for the financial year ending December 31, 2018.

For the total offered capacity of 500 megawatts, GUVNL had received bids from 13 project developers willing to develop over 1,900 megawatts of capacity — an oversubscription of nearly four times the tender. Some of the major developers that have submitted bids include Orange Renewables, Eden Renewables, Aditya Birla Renewables, Canadian Solar, Azure Power, Adani Green Energy, and Tata Power. Some of the major omissions from this list were Acme Solar and SB Energy — both these companies have been among the largest and most competitive bidders in national level solar power tenders.

The initial offers to set up capacity under this tender varied from just 30 megawatts to a full bid of 500 megawatts, by Azure Power.Against the total offered capacity of 500 megawatts, GUVNL had received bids from 13 project developers willing to develop over 1,900 megawatts of capacity — an oversubscription of nearly four times the tender. Some of the major developers that have submitted bids include Orange Renewables, Eden Renewables, Aditya Birla Renewables, Canadian Solar, Azure Power, Adani Green Energy, and Tata Power.

Some of the major omissions from this list were Acme Solar and SB Energy — both these companies have been among the largest and most competitive bidders in national level solar power tenders. The initial offers to set up capacity under this tender varied from just 30 megawatts to a full bid of 500 megawatts, by Azure Power.

It is interesting to note that GUVNL has re-tendered this capacity after first completing an auction of 500 megawatts in February this year, and then cancelling the same. While GUVNL did not specify any reasons for the cancellation of the auction, it is widely believed GUVNL found the tariff bids quoted by developers to be too high.

 

Company Name INR/ kWh MW
Aditya Birla Renewables Pvt Ltd 2.44 100
Giriraj Renewables Pvt Ltd 2.44 300
Azure Power India Pvt Ltd 2.45 500
Adani Green Energy Ltd 2.49 200
UPC Solar India Pvt Ltd 2.55 50
Fortum Solar Plus Pvt Ltd 2.63 100
Feynman Solarfarms 2.79 250
Tata Power Renewable Energy 2.85 50
Kalthia Engg & Construction Ltd 2.88 50
     
Reserve Price 2.7  

The world’s largest thin-film power solution company, Hanergy Thin Film PowerGroup (00566.hk), today announced that its US based subsidiary, MiaSolé has finished Europe’sbiggest flexible modules solar project in a Dutch city, Den Bosch, recently.As part of this ground-breaking project, 418 lightweight MiaSolé flexible modules were installed onthe roof of Maaspoort Sports Center, a large sports complex, realizing approx. 125 MHh of cleanenergy per year.Further, on the science of the project, these 418 flexible solar modules, each measuring 2.6m * 1m,were agglutinated to the Evalon roof.

Evalon happens to be very environment friendly and longlasting (up to 40 years) roof membrane which is more suitable for PV solar modules compared toother roofing materials.Notably, Hanergy’s solar solution used at the Maaspoort Sports Center in Den Bosch makes thebuilding being labelled as the largest sustainable building with flexible modules, ensuing additionalgovernment subsidies.Weka Company was the installer.

Its spokesperson Dick Groenenberg said, “We were confident thatthe project combining Evalon with flexible thin film PV would have great market potential. While,we’re aware that there are varied roofing materials available in the market but this lightweightmodule photovoltaic solution from Hanergy is the only way to further enhance large-scalesustainability. We’re happy to associate with Hanergy Netherlands, more so, our identical expertisein thin film solar and roofing will help us win many accolades in the future.”

Mr. Albert Lin, Senior Vice President of Hanergy Netherlands, said “We look forward to work onmore significant projects with Weka and together lead the thin film solar industry. Thanks to WeKa's unparalleled expertise in roofing materials and coatings and our synergies, this project turned out tobe most effective and successful.”

MiaSolés FLEX-02W 370W modules weight approximately 3kg per square meter, compared totraditional crystalline silicon solar modules weight approximately 18kg per square meter.The advantage of flexible module is that it can be agglutinated directly to the roof surface with noballast.

Flexible modules are comparable to crystalline silicon components in terms of efficiency and outputand are available in different lengths and widths. MiaSolé is a US based subsidiary of Hanergy.

MiaSole products include the flexible lightweight andpowerful solar cell and solar module. These MiaSole products are ideal for a variety of applications.

Since 2009, Hanergy is painstakingly working to integrate worldwide solar technology, and makingrobust investment for the research and innovation in field of thin-film solar power.Hanergy recently announced several cooperative associations with foreign companies,including US$4.3 million sales contracts with 15 Latin American companies anda US$1.3billion HanTile sales contract with Japanese construction and solar power conglomerate,Forest Group.

Till the present day, Hanergy Thin Film Power Group has applied more than 4,000 patents, amongwhich nearly 1,000 have been granted. Hanergy is all set to revolutionize the global mobile energyindustry through its varied offerings equipped with advanced technologies.

Grasshopper Solar, Canada's largest vertically integrated solar energy company announces a USD $80 million investment in Setouchi Koken's Iizuka Solar Plant located in Fukuoka, Japan. This 21.6MW ground mount project will utilize 65,455 solar panels, generate 26,136 MWh of clean energy and offset 19,451 tons of carbon emissions per annum.Grasshopper Solar, Canada's largest vertically integrated solar energy company announces a USD $80 million investment in Setouchi Koken's Iizuka Solar Plant located in Fukuoka, Japan. This 21.6MW ground mount project will utilize 65,455 solar panels, generate 26,136 MWh of clean energy and offset 19,451 tons of carbon emissions per annum.


The Iizuka Power Plant will be developed by Setouchi and its Japanese partners with construction commencing in Q4 2018 and expected to achieve commercial operation by Q3 of 2020. This project once completed will participate in the country's Feed-in Tariff program with a 20-year JPY ¥36/kWh contract awarded by METI (Ministry of Economy, Trade and Industry).


"We are pleased to have made this milestone investment in Japan. We expect strong growth of our asset base as we continue through with our expansion plans into this market. We chose Japan given the country's strong commitment to renewable energy reflected in public opinion and the regulatory and policy framework," said Azeem M. Qureshi, CEO, Grasshopper Solar.


"We will continue to grow and execute on our existing Japanese pipeline of USD $1.2 billion of solar projects. As our asset base continues to scale, our team continues to originate creative solutions, enabling projects to provide maximum value for all stakeholders," said Jonathan Persaud, Chief Development Officer, Grasshopper Solar.


The solar power boom in Japan has accelerated dramatically over the years. Japan installed 7GW in 2017 for a total 50GW and is on track to install another 7GW by the end of 2018. Solar energy's share of electricity production in Japan is now estimated at 7% and projected to grow to 12% by 2030.

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