Imagine (potentially) saving $7k (or more) per year, or more than $160k over 20 years on your electrician bill just by installing a solar pv system on your house. Well that’s what exactly will be happening to one residential who has just signed up for a solar pv system for his new home.
Located in the west of Singapore, this residential project of 29.92kWp (system size) consists of 95 panels which covers 190 square meters of his roof.
With this new solar PV system, the total energy will generate about 37,149.34kWh/year and 676,463.62kWh over 20 years. When converted to savings, he will save approximately $7,028.66 in a year and $162,128.78 in 20 years!
Not only that, he will also reduce his carbon footprint by 16 tonnes of CO2 and in 20 years it would be a whopping 292 tonnes of CO2. Not bad we must say.
Anyway, here’s a piece of good news for those of interest in going solar. We are currently offering a one year hire purchase scheme for your solar PV system so that you don’t have to fork out one huge sum but pay via interest free instalment over 12 months. Sign up with us now as an initiator and we will be in touch shortly.
And now we end off the post with a photo of our happy client! Ciao!
Dear friends, investors and partners, as some of you might know, last week, our SunVest (crowd funding) project – SIA club was fully funded with a target amount of S$300k. In fact the project was overfunded and it was all thanks to you, especially those who invested or helped spread the word.
For those of you who are not sure what this SunVest project is. Here’s a quick summary, the target amount to crowd fund was S$300k, and it is a 1 year (12 months) tenure with an interest of 7%. The repayment will be a balloon repayment structure, whereby both principle and interest will be fully paid upon maturity date. Minimum investment amount for this project is $3,000 SGD. For more information you can head down here.
We are currently discussing on another SunVest (crowd funding project and if you wish to be notified on any future projects, do kindly register on our website as an investor here or follow us on our facebook
For any enquiries, feel free to drop us an email here and we will get back to you ASAP!
SolarPVExchange is partnering with CoAssets to crowd fund for a solar project, which will be developed and owned by SunSeap Leasing P/L. The solar PV project is at the SIA Sports Club.
About the investment:
The tenure is 1 year with an interest of 7%, under a balloon repayment structure, whereby both principle and interest will be fully paid at the end of the tenure.
This investment is guaranteed by the founder of Sunseap.
This SunVest project is open for investment till 4th April 2016
About the Project:
Sunseap signed a 20 year solar leasing contract with the Singapore Airlines (SIA) Sports Club to install a 202.125 kiloWatt-peak (kWp) system on the building. The system became operational on the 18th February 2016. SIA Sports Club is owned by the Singapore Airlines and its various subsidiaries, and it is the first recreational club project in Sunseap’s portfolio. Sunseap in this project takes on the role of the engineering, procurement and construction (EPC) company, by taking care of various areas such as installation and maintenance. The system comprises of 825 panels from REC Solar, and 7 inverters from ABB. Under the solar leasing model, SIA Sports Club is able to achieve carbon reduction, and at the same time, reduce their electrical bills with a competitive tariff. The system will allow SIA Sports Club to save over 116 tonnes of CO2 annually.
SIA Sports Club is located at 726 Upper Changi Road East.
Our first Solar deal done in Cambodia. SolarPVExchange (Cambodia) will design and construct a 217kWp solar PV system for Spring CJW Development Pte Ltd latest property development, Axis Residences in Phnom Penh.
The solar system being installed at Axis Residences will allow residents to enjoy the use of the condo’s facilities, such as its huge indoor gym, 4 luxurious swimming pools, multi-purpose rooms, games room and lounge using clean sustainable solar energy to power them.
Happy Lunar New Year to all! We hope you have been enjoying yourself over the long weekend, it’s the fifth day of Chinese New Year and we are happy to announce that one of our residential project have been completed! Here are some of the ‘in-progress’ photos 😉
And finally here is the completed roof (gaps are necessary for maintenance purpose)
If you intend to go Solar or have any enquiry/concern regarding installing a solar system , do drop us an email here. We will respond to your email as soon as we can 😉
Lastly, this Sunday is everyone’s birthday (初七；人日) so happy birthday all! SolarPVExchange wishes every one a prosperous new year and may the year of Monkey bring you good health and fortune! Huat ah! ;D
Hello! For the past week we have been preparing for the arrival of our very special friend. Introducing SOLAR BEAR!!!
Solar bear’s here to encourage more people to go solar and help save his kind, as mentioned in one of our previous post, SolarPVExchange has helped saved 5.25 polar bears since our launch and we are working towards saving more of them.
An average terrace house uses an approximate of 2300kWp which is about $500
Assume that we are installing a 10kWp’s solar PV system, the owner will be able to save $215.83 monthly and the new bill will cost around $248.17. If you’re interested in owning a PV system for your residence, feel free to drop us an email hereor sign up as an initiator here!
Solar energy as we all know is a clean energy source, but did you know that you would be able to save money by installing the system?
The solar panels will generate electricity in the daytime. As most companies have higher electricity consumption in the day time, they will be able to completely maximize the power generated from the solar panels. This will reduce the amount of electricity consumed by the building therefore you would pay less for your electricity bill.
As for residential owners, their electricity consumption is generally lower during the daytime and higher during the night. For residential, the power that is generated during the day, will first be directed into the house for consumption (electrical appliances that are running throughout the day) Whatever electricity that is not consumed, will then be directed back into the grid. Singapore power will then buy that electricity and you will be able to offset your utility bill (which includes, electricity, water and gas bill).
This is a long-term investment that is definitely worth investing, you can save your pocket and at the same time save the earth!
If you have any enquires do not hesitate to contact us here.
MERRY CHRISTMAS ALL! It’s finally Christmas, we hope you have been receiving loads of love and presents.
Talking about presents, if you are the CFO/CEO of a company (that owns a building) we have a great gift for you 😉
If you have always wanted to go solar and use clean renewable energy for your office building/warehouse/plant but decided not to because of the installation costs. Don’t worry we have a solution for you.
We will help pay for the setup costs and also help you maintain and monitor the solar pv installation and you continue to save on your monthly electrical while using clean renewable energy produced by the solar pv panels on your building.
Basically there is no capital expense for this model and you will be able to save money. If you would like to know more, you can contact us here.
If you want to know the system size that can be installed on your roof, you can visit our SunQuote for estimation!
That’s all for now! Once again SolarPVExchange wishes you a Merry Christmas! Hohoho~
We hope you’ve been having an interesting week! It’s been pretty eventful for SolarPVExchange these two weeks. First and foremost, our very own blog is finally up! We will be sharing news and updates here, so be sure to watch this space!
Next we would like to thank NEA (National Environment Agency) and Chris for their support! Check out our featured article on NEA’s ENVISION issue 9 (Page 76 & 77).
For years human activities have been contributing to the green house effect that has cause tremendous impact on our daily lives. With the help of solar not only can we give back to earth, we will also be able to power our needs. By installing these solar panels’ you will be able to save money on your electrical bill and also save the earth, Apple has recognised the benefits of ‘clean energy’ and have decided to power their Singapore operations with renewable energy!
Last week we conducted a ‘Solar 101’ course in conjunction with SEAS (Sustainable Energy Association of Singapore) to help the attendees to understand more on the benefits of solar energy and here are some of the past projects we have done for both residential and commercial buildings with the help of our sales team Pierrick and Alvin.
You can also install BIPV Building Integrated Photovoltaics) at car parks. This would help to provide shade at the car parks and at the same time draw solar energy.As compared to the traditional solar panels, BIPV is also more aesthetically appealing. Here are some BIPV solar panels found around Singapore.
Carpark with BIPV installed
In conjunction to our first blog post, we have decided to do a giveaway! 10 solar powered bike lights!
Simply register with as an initiator here and you might just be 1 of the 10 lucky winners to win a solar bike light!
Just 3 easy steps and you will be on your way to lower cost and cleaner energy