ENERGIZING LIFE TOGETHER
Rooftop solar
energy solution
from REC
Power purchase agreement (PPA)
and full-service solar solution
Why now is the time
To go solar IN Singapore
WHY SOLAR
=
The world needs more energy
Supply of different energy sources
Exajoule
3,000
2,500
2,000
=
Nuclear
Renewables
Natural gas
Geographical Location is key towards PV Solar
Implementation
• Being near to the equator, Singapore and SEA countries
has the best sun hours per year globally
• Singapore 1650, Germany 1100-1400
Photovoltaic electricity potential worldwide
Oil
Coal
1,500
1,000
500
0
1990 2000 2010 2020 2030 2040 2050 2060 2070 2080 2090 2100
Source: The Intergovernmental Panel on Climate Change (IPCC), SRES (Special Report on Emission Scenarios), Alt. 1
Definition: exajoule (EJ) is a unit of energy. 10 joules, often used a unit of measure for world energy use
=
The sun supplies virtually unlimited energy
The yearly energy received from the sun is more that 6000
times as much as what is used every year by the whole
population of the earth
=
Competitive carbon footprint
Life-cycle greenhouse gas emissions
Solar
Equivalent stock of energy source
Solar: Future
Solar: Present
Solar power
Uranium
Natural gas
Wind
Other renewables
Biomass
Nuclear
Nuclear
Coal without CO2 capture
~800g CO2/kWh
Coal Gasification + CO2*
CCGT + CO2*
Oil
Coal
Combined Cycle Gas Turbine (CCGT)
0
50
100
150
200
250
300
g CO2 Equivalent/kWh
Annual energy demand
Standard Chartered Bank - 61 kW - 78,000 kWh/year - 264 REC Solar Panels - Singapore
Carbon based
* CO2 capture and storage
Source: Annual Energy Review, U.S. Energy Information Administration
350
400
450
Take back the power
THANKS TO a PPA with REC
Tailored expert solar solutions
REC is offering businesses and building owners the opportunity to give a strong
boost to their environmental initiatives and achieve some energy independence.
Through a Power Purchase Agreement (PPA) with REC, businesses and building
owners purchase electricity from REC – where the electricity comes from a solar
installation on the building’s own roof, expertly installed and operated entirely by
REC at no cost to the customer.
Customer
requests for
a PPA proposal
Solar System
generates
electricity
Customer pays
for electricity
generated based
on PPA price
REC performs an
on-site roof audit
for customer
REC designs and
installs solar system
on customer rooftop
AT NO COST
to customer
REC continues to
maintain a Service
Solar System for 20
years AT NO COST
to customer
%
REC submits a
PPA proposal
(Solar Electricity
Tariff, $xx/KWh)
Customer signs a PPA
agreement with REC
(usually 20 years)
Your benefits and advantages
IN a PPA with REC
Huge boost to “green” initiatives
It makes business sense
Reliable expertise
QUALITY
Winner of multiple third-party awards
One-stop shop for everything solar in Singapore
REC’s fully integrated value chain; from silicon, to wafers, solar cells, solar panels, and extending to systems and solutions by REC
doubts about Going solar?
Not if you GO solar with REC
REC stands tall above some common fallacies and misconceptions about solar energy:
Solar panels and the cost of having solar installed are expensive
• It doesn’t have to be
• In a PPA with REC, you don’t pay anything for the panels and/or the installation
• You only pay for the electricity generated by the solar installation, at a pre-agreed upon rate
Solar panels don’t perform well in Singapore’s hot and humid climate
• REC panels do
100%
PID
• 100% of REC’s panel production is P.I.D. free
Free
• REC panels show zero power loss due to P.I.D. in some of the industry’s toughest
tests for performance in conditions of high humidity and high temperatures
100%
100
PID
Free
PID
Fre
Solar companies are not financially stable
• REC very much is
• REC has the best rating in regards to financial health and bankability according to Bloomberg
• This “safe bet” ranking ensures REC will stay an industry leader for many years to come
Solar isn’t actually a “green” source of energy because of the panels’ manufacturing process
• At REC, it is
• REC solar panels have a verified energy payback time of 14 months
• This means that after just one year, an REC panel will have produced the
same amount of energy needed to produce the panel itself
REC is the only solar
panel manufacturer in
Singapore and has
panels installed at the
Singapore National
Stadium, Sheng Siong,
and Bugis Junction.
For Singapore, by Singapore
REC solar panels are produced at a world-class facility in Singapore, which employs
more than 1,700 people and is certified to the highest health, safety, and environmental
standards. Output steadily increases to meet the growing worldwide demand for REC
panels. At mid-2015, REC had produced more than 15 million solar panels in Singapore,
amounting to 4 GW of clean, green energy.
REC solar panel production output
(in MW)
750
955
820
675
525
2010
REC’s state-of-the-art manufacturing facility in Tuas, Singapore.
2011
2012
2013
2014
As the leading clean tech hub in Asia, there has been an
increasing demand for renewable energy solutions in
Singapore where innovative energy solutions are
constantly developed to serve the regional markets.
Increasingly, many commercial and industrial companies in
Asia are embracing solar energy as part of their
environmental sustainability vision.
“Recognising that sustainability makes good business
sense, we constantly seek sustainable solutions that will
reap benefits for all our stakeholders. This latest
collaboration with REC to install solar panels at Bugis
Junction reaffirms our commitment to continually innovate
to improve the environmental performance of our
properties.”
Mr Toh Wah San, Executive Vice President
Asset Management of Keppel REIT
Keppel REIT, Bugis Junction - 172 kW - 200,000 kWh/year - 652 REC Solar Panels - Singapore
GO SOLAR WITH REC
If you would like a free feasibility study of your building, please contact REC for more details :
Email : [email protected]
Global Presence
U.S.A.
GERMANY
U.A.E.
INDIA
Singapore*
JAPAN
REC Americas, LLC
100 Pine Street, Suite #500
San Francisco, CA 94111
U.S.A.
Phone +1 877 332 4807
REC SOLAR EMEA GmbH
Leopoldstr. 175
80804 Munich
Germany
Phone +49 89 4 42 38 59-0
REC Solar Solutions DMCC
Jumeirah Bay Tower 3 – Unit 410
Jumeirah Lake Towers (JLT)
Dubai
United Arab Emirates
Phone +971 4 443 0962
REC india Pvt. Ltd.
Level 9, Spaze I-Tech Park
A1 Tower, Sector - 49 Sohna Road
Gurgaon, 122018
India
Phone +91 124 676 8688
REC SOLAR Pte. Ltd.
20 Tuas South Avenue 14
Singapore 637312
Singapore
Phone +65 64 95 92 28
REC Solar Japan Co., Ltd.
Shinjuku Sumitomo Building 32F,
2-6-1 Nishishinjuku, Shinjuku-ku,
Tokyo 163-0232
Japan
Phone +81 (0) 3 6302 0520
* Operating headquarters
Operational headquarters
Legal entities
Solar representatives
www.recgroup.com
REC is the largest European brand of solar panels, with more than 15 million high-quality panels produced at the end of 2014. With
integrated manufacturing from polysilicon to wafers, cells, panels and turnkey solar solutions, REC strives to help meet the world’s
growing energy needs. In partnership with a sales channel of distributors, installers, and EPCs, REC panels are installed globally.
Founded in 1996, REC is a Bluestar Elkem company with headquarters in Norway and operational headquarters in Singapore. REC’s
1,800 employees worldwide generated revenues of USD680 million in 2014. Find out more about REC at www.recgroup.com.