PSA Corp. signed a 21-year solar power purchase agreement with Sunseap Group in an effort to increase environmental friendliness across its facilities in Singapore.
Port operator PSA Corp. has inked a 21-year solar power purchase agreement with Sunseap Group.
The agreement will “enhance the eco-friendliness of the container port and ancillary buildings in PSA’s Singapore facilities,” the companies said Wednesday in a joint press release.
Sunseap, the largest clean energy solutions provider in Singapore, will construct and install a four-megawatt peak solar system across five sites at PSA’s Singapore terminals, including terminal buildings, gates, maintenance base and workers’ dormitories at Pasir Panjang Terminal.
The system is to be operational by October 2018 and, once complete, will generate approximately 4.3 gigawatt hours of energy per year and offset a portion of Pasir Panjang Terminal’s energy needs. It will also help the terminal offset 1,689 metric tons of carbon dioxide emissions annually.
“PSA is pleased to enhance our commitment to environmental sustainability in Singapore through the implementation of solar power solutions on a terminal-wide scale. This deal will help us significantly reduce our carbon footprint, and will boost our commitment to renewable energy for years to come,” said Ong Kim Pong, regional CEO Southeast Asia at PSA International. “In tandem, we are continuing with the electrification of our port equipment including yard cranes and automated guided vehicles, among our other green initiatives.”
In 2016, the Singapore government announced that a carbon tax would be imposed in 2019 on power producers and large carbon emitters based on the amount of carbon they release. As a result, PSA aims to reduce emissions before the tax gets underway.
Under the proposed contract, Sunseap will install and maintain the solar photovoltaic system, and will also offer a competitive electricity tariff rate that will allow PSA to reduce its carbon footprint.
“We are delighted that PSA Singapore has chosen to partner with Sunseap for its solar energy requirements,” said Frank Phuan, co-founder and director at Sunseap Group. “We are encouraged by the increasing number of companies moving to adopt renewable energy options, and we stand ready to work with them to achieve their sustainability goals.
“We have always maintained a good working relationship with PSA to address their energy needs with an integrated solution,” he added. “The contract underscores PSA’s confidence in Sunseap’s track record of delivering best-in-class solar energy solutions,” said Phuan.