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In Depth

Transparent Backsheet A Smart Alternative For Glass / Glass Modules

18 September 2019

DuPont™ Tedlar® Clear film for transparent backsheet

Why Solis Inverters became the Preferred Choice of Airports PV Power Station at Home and Abroad.

23 August 2019
Why Solis Inverters became the Preferred Choice of Airports PV Power Station at Home and Abroad.

Efficient and convenient air traffic is one of the prerequisites for the development of modern society and economy, especially for the development of high-tech industry.

Solis inverter debuted on the news feature of “Good crops on photovoltaic power stations” by CCTV in its "Half-Hour Economy

23 August 2019
Solis inverter debuted on the news feature of “Good crops on photovoltaic power stations” by CCTV in its "Half-Hour Economy

China CCTV economical channel's "Half-Hour Economy" broadcast a news feature on “Good crops on photovoltaic power stations

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UPCOMING EVENTS

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SolarQuarter Tweets

SolarRoofs Karnataka 2019 is almost here! Buy your ticket today https://t.co/CVIqStbToI See you on Oct 04, 2019!… https://t.co/JcND74bUa9
Saturday, 21 September 2019 05:10
Energy Companies Are Grabbing New Opportunities In EMobility Industry| Register Today| Limited Seats - https://t.co/qlFrTr8dlz
Friday, 20 September 2019 07:54
Super Speaker Line-up: Niti Aayog, ISRO, EESL, MG Hector, Olectra, Hero Electric & Many More - https://t.co/7Irw9zdHHa
Thursday, 19 September 2019 09:32

Sembcorp Signs 20-Year Solar Energy Deal With Facebook

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.

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