HDB plans to go big on solar energy, calls largest solar-leasing tender
Agency calls largest solar-leasing tender, looking to cover 125 blocks
The Housing Board is working on its largest single solar-leasing project to date - and is also looking into households being able to buy electricity made from the sun's energy.
Last month, it called its largest solar-leasing tender: for a company to own and operate panels on some 125 blocks in Ang Mo Kio, Sengkang, Serangoon North and Buangkok.
These would produce 5MW of electricity in optimum conditions, or 5 megawatts-peak (MWp), enough to power more than 1,000 four-room HDB flats.
The HDB will offset up to 30 per cent of the start-up costs, and, in turn, buy the electricity for 20 years at a 5 per cent or greater discount off the prevailing market price. This electricity would power lights in corridors and common areas, lifts and water pumps, among other things.