TotalEnergies ENEOS, a joint venture between TotalEnergies and ENEOS, has signed another rooftop solar installation with CARROS Centre, Singapore’s largest freehold automotive hub.
This is the second project signed after installing a rooftop PV system in 2019, which generates about 1 MWp of clean power for CARROS Centre.
Upon completion, the 1 MWp solar energy system is expected to produce about 1,250 MWh of power per year, equivalent to avoiding over 480 tons of carbon emissions annually.
In addition to reducing the company’s carbon footprint, CARROS Centre will realize electricity supply cost savings from the clean energy produced for 25 years without any upfront investments.
Raymond Ng, Chairman of BS Capital Group, the Developer and Majority Shareholder of CARROS Centre said, “The signing of this second solarization project at CARROS’s rooftop reinforces our commitment towards achieving a sustainable future through renewable and green resources. We believe that our continued partnership with TotalEnergies ENEOS will grow further.”
The company also seeks to expand its sustainability drive beyond BS Capital Group’s properties, and towards other businesses and assets, said Ng.
Gavin Adda, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia said, “We are very pleased to be CARROS Centre’s green energy partner, supporting them in their sustainability efforts to support their energy needs and meeting their environmental sustainability goals at the same time.”
At the end of June 2022, TotalEnergies has installed approximately 12 GW of renewable electricity projects. The company aims to reach 35 GW of renewable energy capacity by 2025, and 100 GW by 2030.
ENEOS Group, the other party in the joint venture, develops business in the energy and nonferrous metals sector. The company operates over 20 solar power plants in Japan and has been engaged in renewable energy projects in the United States, Australia, and Vietnam.