Senoko Energy's first solar energy project brought to light

It installed rooftop solar panels on the 3 buildings of Continental Automotive Singapore.

Senoko Energy launched its first solar energy project which is a rooftop installation for mobility technology company Continental Automotive Singapore.

According to an announcement, the solar panels are installed on three office buildings of Continental Automotive Singapore, with the capacity to create more than 500-megawatt hours of electricity a year.

Senoko Energy designed, financed, constructed, and currently operates the solar panels, whilst Continental Automotive Singapore buys the electricity generated by the solar panels

“With solar energy being up to 15% cheaper in unit price as compared to electricity from the grid, this new source of solar energy is set to help Continental Automotive Singapore save significantly on energy costs and reduce its carbon footprint,” Senoko Energy said.

Senoko Energy president & CEO Bernard Esselinckx said, “Building on the success of this first rooftop installation, Senoko Energy is looking to develop more solar projects and smart energy solutions. These include energy management initiatives such as tenant metering and smart home solutions, which have seen a significant rise in demand.”