BBR Greentech Pte Ltd
The principal activities under the Green Technology division consist of system integration and distribution of renewable energy, and supply, installation and leasing of solar panels and grid connected systems.
In recent years, there has been a growing trend in promoting and driving Singapore’s construction industry towards building more environmentally-friendly buildings. This is an initiative that is supported by local and international bodies within the construction industry to promote green sustainability in the built environment as well as greater environmental awareness.
In 2013, the Group established the Green Technology division and incorporated a wholly-owned subsidiary, BBR Greentech Pte. Ltd., to carry out system integration and distribution of renewable energy. The Group has bidded for projects to supply, install and lease solar panels and grid connected systems for statutory boards and private sector customers. The Group is gradually implementing green technology as part of its total solutions package for potential project bids to tap into the rising demand for more green buildings.
On 29 September 2014, HDB awarded a contract for the installation of solar photovoltaic system to the Group. Under the solar leasing model, the Group will design, install, operate and maintain a five megawatt peak grid-tied system to be installed on the rooftops of HDB flats in Ang Mo Kio Town. The Group will sign a 20-year power purchase agreement with the town council to purchase solar generated electricity at a preferential rate.
The Group was awarded another contract on 10 October 2014 by a wholly-owned subsidiary of SGX-ST listed GKE Corporation Limited to design, install, operate and maintain a 490 kilowatt peak grid-tied system over a 25-year lease period.