Sembcorp wins solar capacity in Singapore's tender for 75 MWp
Singapore. Author: John M. Quick.
Sembcorp Industries Ltd (SGX:U96) has secured solar installations in Singapore’s tender for a new batch of urban PV arrays, which enabled it to raise its total gross solar capacity in the city-state to 535 MWp, the company said on Tuesday.
The Housing & Development Board (HDB) and the Singapore Economic Development Board (EDB) jointly launched the seventh SolarNova tender earlier this year to award 75 MWp of solar PV installations at sites such as schools, government buildings and HDB’s housing blocks.
The Singapore-based group said its wholly-owned subsidiary, Sembcorp Solar Singapore, had won the job.
Sembcorp’s solar portfolio has grown by a compound annual growth rate (CAGR) of 131% to today’s 535 MWp since the company arrived in Singapore’s solar market in 2017. The group’s overall renewables portfolio stands at 7.1 GW of solar, wind and energy storage capacity in operation and under development in China, India, Singapore, the UK and Vietnam, Sembcorp added.
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