Sunseap Group has signed a multi-year digital energy buy settlement (VPPA) with Facebook for photo voltaic power from the Republic’s largest offshore floating photo voltaic farm within the Straits of Johor.
The power from the 5 MWp offshore floating photovoltaic system shall be exported to the nationwide grid. All renewable power credit (RECs) from undertaking shall be transferred to Facebook underneath the VPPA and can help the tech firm’s operations in Singapore, together with Facebook’s first custom-built information centre in Asia.
A VPPA is a contract construction during which a purchaser agrees to buy a undertaking’s renewable power for a pre-agreed value. The power might be produced from a renewable power undertaking that’s situated away from the premises of the client, however co-located on the identical grid.
The settlement signed with Facebook is Sunseap’s second VPPA with the tech firm since October 2020—Sunseap and Facebook even have an settlement for renewable power exported from photo voltaic programs put in on greater than 1,200 rooftops.
In March 2021, Sunseap signed a long-term settlement with Amazon to export 62 megawatts (MWp) of unpolluted power to the nationwide grid. This will assist Amazon meet its sustainability targets.
Mr Lawrence Wu, Co-founder and President of Sunseap Group stated: “We are more than happy to be working with Facebook for a second VPPA. This partnership is one other vital step for Sunseap in the direction of serving to firms meet their sustainability targets.
“We are grateful for the management proven by corporations like Facebook in severely embracing sustainability, whether or not by decreasing waste or minimising and offsetting their carbon emissions.”
Urvi Parekh, Head of renewable power at Facebook stated: “We are grateful for this partnership with Sunseap that’s serving to us carry new photo voltaic power to the Singapore grid in help of our operations within the space. This is our first floating photo voltaic undertaking, so we’re notably excited to help an progressive expertise that may assist carry extra renewable power initiatives on-line.”
Sunseap Group is a photo voltaic power system developer, proprietor and operator in Singapore, with over 400 MegaWatt-peak (MWp) of photo voltaic power initiatives contracted, of which greater than 168 MWp have been accomplished on greater than 1,500 buildings in Singapore together with public housing estates, in addition to industrial and industrial buildings. It operates by 5 key items: Sunseap Leasing, Sunseap International, Sunseap Energy, Sunseap Engineering and Sunseap Solutions.
(Source and picture: Sunseap)
The publish SUNSEAP AND FACEBOOK SIGN MULTI-YEAR AGREEMENT FOR SOLAR ENERGY IN SINGAPORE appeared first on Energy Global News.