EDP Renewables Secures Largest SolarNova Tender With Up To 200MWp Additional Solar Capacity in Singapore
Singapore, 27 February 2024 – EDP Renewables (Euronext: EDPR), a global leader in renewable energy development, has been awarded Phase 8 of the SolarNova program, jointly led by Singapore’s Housing and Development Board and Singapore’s Economic Development Board.
The company commits to deliver a minimum tender solar capacity of 130MWp with the potential to achieve up to 200MWp through this project. It is expected to install more than 320,000 solar panels across 1,075 Singapore public housing buildings and 101 government-owned buildings, which include 55 public schools.
This is the largest initiative under the SolarNova program, a Government-led initiative, focusing on accelerating the deployment of solar photovoltaic systems in Singapore.
It is also the third SolarNova tender EDPR has won, and it will also act as a platform to trial new innovative concepts such as Advanced Regeneration aimed at reducing panel degradation to prolong panel lifespan and maximise power output, as well as implementing Building Applied Photovoltaics (BAPV) to existing building surfaces.
Once fully operational, the project will collectively power more than 50,000 four-room flats and potentially reduce carbon emissions by at least 96,360 metric-tonnes each year. The energy generated from the solar panels on public housing buildings will be used to fully power common services in the day, such as the lifts, lights and water pumps.
“Our success in this SolarNova tender reflects our operational excellence and our dedication to pioneering sustainable clean energy solutions in Singapore. This award reinforces EDPR’s commitment to accelerating the pace of the energy transition.” Said Pedro Vasconcelos, CEO of EDP Renewables APAC.
“The SolarNova 8 project is a testament to our position as a leading renewables player in Singapore, while also driving benefits such as employment and economic growth. We aim to set new benchmarks in innovation and environmental stewardship, contributing with meaning and purpose to Singapore’s clean energy landscape,” he added.
Singapore’s national climate target is to attain net-zero emissions by 2050 and solar stands out as one of the key catalysts driving this ambitious agenda. The SolarNova 8 award positions EDPR at the forefront of this transformative journey. Aligned with the nation’s vision for a low-carbon future, the success of this initiative underscores the company’s commitment to the energy transition. Recognizing the pivotal role of solar innovation in shaping a more environmentally conscious and resilient energy landscape, EDPR remains dedicated to advancing Singapore’s decarbonisation efforts and contributing to a cleaner, greener, and more sustainable future.