How Singapore's APBS brewery is leading the transition to solar power

By Uwear

As more and more breweries have begun using solar power to help reduce their carbon footprint, Singapore-based APBS brewery has partnered with Renewable Energy Corporation (REC) Group to install a two megawatt photovoltaic system.

The system will consist of about 8000 REC TwinPeak modules across three of APBS rooftops. It will be the first solar installation system in the Asia Pacific, as well as REC’s largest rooftop installation to date at 2.196 MW. APBS is the maker of the iconic Tiger beer and is a Heineken operating company.

RELATED TOPIC: How Synergy and Alinta will compete for WA's solar market

The two sides anticipate the new system will last approximately 25 years and produce about 2,300 kilowatt-hours of solar power annually, which is enough to power 600 four-room homes. This means roughly 20 per cent of APBS’s electricity will come from renewable resources.

Several U.S. brands as well as Ireland-based Guinness have signed a Brewery Climate Declaration to become more environmentally friendly. In addition to doing more solid waste recycling, these companies are now also beginning to install PV systems.

RELATED TOPIC: Stockland, Canada Solar partner to install Australia's largest rooftop solar system

The system comes under a Power Purchase Agreement where REC absorbs the investment and maintenance costs of installing the solar system. Therefore, APBS will pay for the solar power generated at a fixed rate for the next 25 years.

“The PPA model will change the way businesses view renewable energy,” said REC CEO Steve O’Neil. “Through this model, REC absorbs the investment and maintenance costs of installing solar systems on rooftops. Building owners need only pay for the consumed solar energy generated from their roofs at an agreed rate which is fixed for the next 25 years.”

Let's connect!  

Check out the latest edition of Business Review Australia!

Share

Featured Articles

How India is bucking the global dealmaking downturn

M&A deal volume and value reach record highs in India in 2022, despite slower dealmaking globally – as scope activity and acquisitions in renewables surge

Create C-suite space for the Chief Transformation Officer

Responsible for driving growth and change, the Chief Transformation Officer is the latest addition to the C-suite as business undergoes major change

12 AI predictions for the enterprise in 2023 – Dataiku

With 2023 likely to be a huge year for AI, experts from AI platform provider Dataiku deliver their enterprise AI and ML trends for the year ahead

Welcome to the new breed of private members' clubs

Leadership & Strategy

Welcome to the New Age of the CISO

Leadership & Strategy

Making the UAE the world’s strongest digital fortress

Technology