What is Solar Power Purchase Agreement (PPA)?
Solar PPA allows business owners to utilize solar energy without having to pay any upfront investment cost. Sunseap under Solar PPA fully finances the solar systems, installs and maintains it for its client, charging only the solar energy consumed by the building at a competitive electricity tariff rate over a period of 20 – 25 years.
How our Solar PPA will benefit you (& your business)?
Reduce your electricity bill:
Our Solar PPA allows you to save on your electricity bill with clean solar energy consumed on-site.
Green Mark (GM) Certification:
Achieve GM Certification without incurring extra costs.
Roof/Building Cooling:
The Solar Panels installed on your roof will also help reduce the building's temp and further reduce your air-con costs.
Add Value to Your Building:
A solar PV system adds value to your building & our Solar PPA is transferrable too.
Ethical & Sustainable:
Demonstrate to your customers and partners that you care about the environment by going solar.
How does our Solar PPA work?
ZERO Capital Investment
Sunseap will design & install the solar PV system according to your requirement with Zero upfront costs. Pay only for what you use.
Monitoring, Maintenance & Replacement
Sunseap will take care of monitoring, maintenance and replacement costs. Sunseap will ensure system is operating at optimal levels during the contract duration.
Price structures
Fixed rate structure with no inflation over the solar PPA term.
Discount off Tariff Model with a discount against the grid’s tariff over the solar PPA term.
Rooftop Solar Systems
Pay for the consumed solar energy generated on your rooftop at a discounted rate.
Our Projects
Vietnam
System Size: 168 MegaWatt-peak (MWp)Location: Ninh Thuan Province
Notable Points: Largest solar farm in Vietnam
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Centurion
System Size: 170 kilowatt-peak (kWp)Location: Jalan Papan
Notable Points: Reduces building's carbon footprints by a third
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Woodlands Floating PV
System Size: 5 MegaWatt-peak (MWp)Location: North of Woodlands, along the Straits of Johor
Expected Completion: By Q4 2019
Notable Points: Largest offshore floating photovoltaic in the region
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Fuisland
System Size: 145.88 kilowatt-peak (kWp)Location: Tuas
Notable Points: First printing facility in Singapore to opt for 100% Clean Energy
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Cambodia
System Size: 10 MegaWatt-peak (MWp)Location: Bavet City, Svay Rieng Province
Expected Completion: First half of 2017
Notable Points: First solar farm in Cambodia
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SMRT
System Size: 1 MegaWatt-peak (MWp)Location: Bishan Depot
Notable Points: First solar project in the public transport sector
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Jurong Port
System Size: 9.5 MegaWatt-peak (MWp)Location: Jurong
Notable Points: World's largest port based solar installation
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HDB - SolarNova 1
System Size: 40 MegaWatt-peak (MWp)Location: Jurong, Marine Parade, Sembawang, Tampines
Notable Points: 1st aggregated solar tender in Singapore
Panasonic
System Size: 2.4 MegaWatt-peak (MWp)Location: Bedok
Notable Points: Largest solar system capacity in the manufacturing sector
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Marine Port Authority
System Size: 500 kilowatt-peak (kWp)Location: Various piers across Singapore
Notable Points: First Solar PPA along a 1km breakwater
Jurong Health Services Pte Ltd
System Size: 120 kilowatt-peak (kWp)Location: Ng Teng Fong Hospital
Notable Points: First to embark on solar energy initiatives in the local health care sector
United Technologies Corporation
System Size: More than 5 MegaWatt-peak (MWp)Location: Loyang, Seletar and Tuas
Notable Points: Largest solar system capacity in the aerospace sector | Awarded Solar Pioneer Award from EDB in 2014
Singapore American School
System Size: More than 1 MegaWatt-peak (MWp)Location: Woodlands
Notable Points: Largest solar system in an educational institute| Awarded Solar Pioneer Award from EDB in 2013 | Green Mark Gold Plus
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ABB
System Size: 320 kilowatt-peak (kWp)Location: Tuas
Notable Points: Pioneer project utilising a central inverter system in Singapore
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HDB
System Size: 2 MegaWatt-peak (MWp)Location: Punggol
Notable Points: First Solar PPA project in Singapore
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Our Portfolio
Sunseap Group's total project capacity: approximately 1.7 GWp.
Find out more about Sunseap Group's regional projects and their breakdown below.
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Yes, Sunseap will cover all capital and operational costs of the solar system.
The typical solar PPA term that Sunseap ranges from 20 – 30 years, with commercial clients choosing a longer term contract for bigger savings.
Sunseap's Solar PPA contract include clauses to address such scenarios to avoid imposing termination fees on our clients. Termination fees are typically only imposed upon willful termination.
Sunseap's Solar PPA can be assigned to the new owner barring the right circumstances.
Sunseap retains ownership of the solar system under our Solar PPA.
Traditional solar system requires heavy capital investment that correlates to a long return on investment. Sunseap's removes all the heavy liabilities and costs related to the solar system, and simply provides the end benefit of solar energy for your building's consumption. On top of that, you can enjoy savings off your electricity bills.
Extensive pre-installation work is done such as roof suitability analysis and site surveys to ensure the suitability of the installation. The solar system is also maintained by remote real-time monitoring which enables Sunseap’s maintenance department to identify and remedy issues with the solar system as they arise.
You pay for what you use. Sunseap only bills its clients for the solar energy consumed as opposed to the solar energy generated.
Yes, Sunseap's solar systems are covered by Machine All-Risks insurance, which covers system operations. In addition, Public Liability and Workman Injury Compensation insurance are also in place.