India markets closed
  • BSE SENSEX

    39,614.07
    -135.78 (-0.34%)
     
  • Nifty 50

    11,642.40
    -28.40 (-0.24%)
     
  • USD/INR

    74.5400
    +0.1500 (+0.20%)
     
  • Dow

    26,501.60
    -157.51 (-0.59%)
     
  • Nasdaq

    10,911.59
    -274.00 (-2.45%)
     
  • BTC-INR

    1,033,421.94
    +17,583.00 (+1.73%)
     
  • CMC Crypto 200

    265.42
    +1.78 (+0.68%)
     
  • Hang Seng

    24,107.42
    -479.18 (-1.95%)
     
  • Nikkei

    22,977.13
    -354.81 (-1.52%)
     
  • EUR/INR

    86.8413
    -0.0358 (-0.04%)
     
  • GBP/INR

    96.5158
    +0.3654 (+0.38%)
     
  • AED/INR

    20.2500
    +0.0410 (+0.20%)
     
  • INR/JPY

    1.4013
    -0.0022 (-0.16%)
     
  • SGD/INR

    54.5730
    +0.1200 (+0.22%)
     

Total Unit Signs Deal With Singapore LNG Corp For Solar Energy System

News18
·1-min read

SINGAPORE: A subsidiary of France’s Total and Singapore LNG Corp (SLNG) have signed a deal for a rooftop solar power system at the Singapore liquefied natural gas (LNG) terminal, the companies said on Wednesday.

Total Solar Distributed Generation, a wholly-owned subsidiary of Total, will finance, build and operate the 600 kilowatts peak (kWp) system, which will be installed on the rooftops of several buildings in the terminal, they said. The terminal is owned and operated by SLNG.

The installation of solar panels is expected to be completed by the fourth quarter of this year, they said in a statement.

The system will generate around 800 megawatt hours (MWh) of renewable energy and has the potential to avoid an estimated 300 tonnes of carbon dioxide emissions a year, the companies said.

SLNG is also exploring ways to speed up the use of LNG and other green energy alternatives, the company’s chief executive officer, Tan Soo Koong, said.

“For one, we are looking into collaborations to develop new infrastructure in Singapore to promote the use of LNG as a cleaner marine fuel,” he said.

“For another, we are working with various partners to develop technologies related to the importation, transportation and storage of hydrogen.”

Singapore, one of the sunniest cities in the world, generates about 95% of its power from imported natural gas with solar energy being its most viable renewable energy option.

It aims to achieve a solar target of at least two gigawatts of peak power by 2030, up from the 260 megawatt-peak in the second quarter of 2019.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor