Singapore’s solar PV (photovoltaic) system integrator, SolarGy, has won the Frost & Sullivan 2010 Singapore Market Penetration Leadership Award in the Solar PV Systems Market.
The award is presented each year to the company that has demonstrated excellence in capturing the fastest measured rate of change of market share within its industry.
Program Manager Suchitra Sriram of Frost & Sullivan’s Asia Pacific Energy and Power Systems Practice said that SolarGy is “one of the fastest growing solar PV system integrators in Singapore”.
“The company’s vast experience in engineering consultancy for the building and construction industry not only provides them a competitive edge to deliver high standards in design and installation but also helps them in executing large-scale PV projects. The company has the required capabilities and competencies to expand as a key regional player in the near future,” he said.
As a PV system integrator, SolarGy designs and integrates solar PV modules into a complete system that generates electricity to feed into the grid which in turn reduces the intake of electricity from the main grid and hence reduces carbon emission.
SolarGy managing director Albert Lim said that the firm works towards “ensuring highest standards in our PV system design and execution”. With a client-focused approach, the company strives to deliver the most optimum solution while meeting the performance requirement and constraints of each project site, he said.
SolarGy’s core products are Sanyo HIT modules and Schott polycrystalline and thin film modules.
Since its inception in 2007, SolarGy has distinguished itself from competitors by demonstrating a clear understanding of their client’s requirements, developing the appropriate solar energy solution from a designer’s perspective, and executing works with professionalism and skilled workmanship, said Mr Lim.
They recently installed the largest PV project in Singapore in partnership with Sanyo - a 500 kilowatts (KW) solar PV system at the integrated resort Resorts World Sentosa. SolarGy completed the project in two and a half months in October 2009.
To date, SolarGy has successfully completed 560 kW of solar PV projects for clients such as Singapore Telecoms, Keppel Land, and CapitaLand. It has also completed a 2-piece solar thin film installation at a church kindergarten for educational purposes. The company currently has another 250 kW of projects in the pipeline in Singapore.
SolarGy is now leveraging on their branding and experience gained in Singapore to export and sell their solutions to the overseas PV market, said Mr Lim.
The EDB has been moving aggressively to build Singapore’s clean technology industry in recent years. The sector is expected to contribute $3.4 billion to gross domestic product while creating 18,000 jobs by 2015.
Mr Lim estimates that the revenue growth of his company this year will be at least 80 per cent more than their last financial year. “We aim to be the best-in-class in terms of professionalism and quality which are rather important to our clients who invest millions of dollars upfront to buy more than two decades’ worth of renewable energy,” he said.
