Sunseap Group Pte Ltd announced that it has signed a 25-year solar power purchase agreement with ST Kinetics.
Under the agreement, Sunseap will provide solar energy to ST Kinetics' premises at five locations, through solar panels installed on rooftops.
Sunseap's five MWp solar PV system for ST Kinetics is expected to be ready by October this year. Once completed, it will be able to generate up to 6.2GW of solar energy per year and help the company reduce its carbon footprint by about 2,633 tons annually.
Mr Lawrence Wu, Co-Founder and Director of Sunseap Group, said: "It's heartening to see leading companies like ST Kinetics making a long-term commitment towards renewable energy solutions. We hope their sustainability efforts will help send the message that going green is not a choice but a necessary condition for successful business."
"Sunseap stands ready to support all companies in their drive to be environmentally friendly and we are confident that we can offer customised solutions that are best suited to the needs of different businesses."