SINGAPORE: Government agency JTC on Wednesday (Jun 21) announced it has awarded Sun Electric the first tender under its SolarRoof initiative to boost the generation of solar energy in Singapore.
The 15-year contract with Singapore-based Sun Electric will allow the latter to install solar panels on the rooftops of 27 JTC buildings, which will in turn generate more than 5 megawatt-peak (MWp) of electricity that can be fully exported to the national power grid and sold on the open energy market.
The solar energy company will pay JTC a monthly rental for up to 43,000 sq m of rooftop space - the size of about four football fields, the agency said.
JTC claimed its SolarRoof business model will address limitations of intermittent power supply, as the solar-generated power will be fully exported to the grid, and consumers will be receiving a stable, constant supply from the grid.
With existing models, JTC said consumers that install their own solar panels and depend directly on power generated from these panels would have to alter their infrastructure to manage the intermittent nature of the power supply.
JTC CEO Png Cheong Boon said the SolarRoof model can "overcome" some of the challenges faced by the local solar market, such as roof constraints and high capital costs. With it, he hoped to optimise the roof space under its stable of real estate developments and provide more sustainable energy options to its customers.
Sun Electric is expected to install the solar panels over the coming year and start selling solar-generated power by mid-2018, JTC added.
Singapore's solar photovoltaic (PV) capacity has tripled over the last three years, reaching 129.8 MWp in the first quarter of 2017, according to the Energy Market Authority.