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Solar power
Energy
Rooftop solar panels by Sembcorp to generate 4% of SingPost Centre’s annual energy use
While the solar PV system is owned, operated and maintained by Sembcorp Solar Singapore, it could be transferred to SingPost at the end of the power purchase agreement.
October 23, 2024
Energy
Microsoft to purchase 100% of energy exported from EDPR’s SolarNova 8 rooftop solar panel project in S’pore
The project involves installing solar panels atop 1,075 public housing buildings and 101 government-owned buildings in Singapore.
August 27, 2024
Energy
S’pore-based Terrenus Energy secures $300 mil from five banks to install solar panels atop HDB, gov’t buildings
DBS served as financial adviser and mandated lead arranger for the loan.
May 20, 2024
M&A
Sembcorp to acquire 795MW of solar assets in China for RMB15 million
The company also will inject a further RMB1.14 billion into the project.
November 11, 2022
Sustainability
EDPR Sunseap does not rule out IPO, but eyes a much bigger one if it lists
While the firm does not completely rule out an IPO in the future, it is not looking at one "for now".
September 09, 2022
Company in the news
Manhattan Resources morphs into Metis Energy; says ‘no turning back’ on green journey
Metis Energy vows "no turning back" in green energy strategy, even as fossil fuel usage rises with the Russia-Ukraine war.
July 21, 2022
Sustainability
Surbana Jurong joins Australia-Asia Powerlink, project can supply 15% of Singapore's power needs from 2028
The project is expected to begin construction from late 2023, with the first supply of power expected here in 2027.
October 20, 2021
Environmental, Social and Governance
A A$30 billion plan to export solar power from Australia to Singapore clears key hurdle
The company plans to supply enough power to meet 15% of Singapore’s demand from a solar and battery complex deep in Australia
September 23, 2021
Broker's Calls
Sembcorp well-positioned for shift to renewables: CGS-CIMB
Sembcorp currently has a total renewable energy capacity of 3.2 GW globally spanning solar, wind, and energy storage.
March 15, 2021