Another 80 HDB residential blocks in Punggol Eco-Town will be solar powered.
The Housing and Development Board (HDB) has awarded a tender to lease three mega-watt-peak solar photovoltaic (PV) systems for the blocks.
The tender attracted keen competition from the industry, with a total of 13 bidders, compared to the first Solar Leasing project in 2011 which only garnered three bids.
Under the tender, solar system developer Sunseap will design, finance, install, operate and maintain the solar PV systems.
Pasir Ris-Punggol Town Council will have a service agreement with Sunseap to pay for the solar power generated and used, at a preferential rate of up to 5 per cent discount off the retail electricity tariff rate.
Installation works are scheduled to be completed by 2014.
Click here to read the full story.
