ST Kinetics secures 25-year solar power supply in Sunseap deal

The power systems will generate 6.2 GW of solar energy per year.

Solar energy firm Sunseap announced that it has sealed the deal with ST Engineering land systems arm ST Kinetics for a 25-year solar power purchase agreement.

According to a press release, Sunseap will provide solar energy to five ST Kinetics locations via solar panels.

Sunseap expects its 5 MWp solar PV system to be ready by October.

Once completed, it can generate up to 6.2 GW of solar energy per year. Consequently, this will help ST Kinetics reduce its carbon footprint by about 2,633 tons annually, the equivalent of planting 67,523 trees over 10 years.

Sunseap founder and director Lawrence Wu said, “It’s heartening to see leading companies like ST Kinetics making a long-term commitment towards renewable energy solutions. We hope their sustainability efforts will help send the message that going green is not a choice but a necessary condition for successful business."

In the past, Sunseap has provided energy solutions for firms like Apple, Housing Development Board, and Panasonic.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia