We need more energy to power our lives, but far fewer emissions for the world to thrive. Discover our green energy solutions to power a sustainable future.
If you own a solar photovoltaic (PV) system and are generating excess solar energy, you can possibly earn more with our peer-to-peer solar energy trading platform, SolarShare. P2P energy trading allows electricity producers with rooftop solar PV systems, to directly sell the excess electricity they produce to other local consumers across the electricity network.
SolarShare is the first P2P energy trading platform in Singapore, and is currently accepting participants in our pilot launch.
Senoko Energy provides solar PV systems which can be mounted on roofs or integrated into the building façade to generate electricity.
We finance, own, operate and maintain the solar PV systems, so all you need to do is provide rooftop space and pay for the solar energy generated and consumed over the duration of your contract.
Businesses without suitable rooftop space can opt for a solar power purchase agreement (PPA), which is a commercial finance solution to install a free, fully funded solar PV system off-site. It involves 2 parties: one business generating the solar energy and the other business purchasing it.
With a solar PPC, businesses only pay for the consumed solar energy generated, which will be set at a fixed agreed rate for a period of time. All investment and maintenance costs of installing the solar system offsite will be borne by Senoko Energy.
With the repercussions of climate change already being felt, now is the time to go solar. Singapore's strategic location in the tropical sunbelt makes solar energy our most promising renewable energy source. Boost your business' bottom line with savings on electricity and operating costs in the long run. Promoting your solar energy credentials can appeal to customers and suppliers, and may make your business eligible for government rebates.
Join our commitment to mitigate climate change and move towards clean energy by switching to solar energy today.
A carbon credit is a credit for greenhouse emissions reduced or removed from the atmosphere. Credits can be used by any organisation or individual to offset their carbon footprint.
By purchasing a credit, you fund projects that reduce carbon or greenhouse emissions. Examples of these projects include restoring forests, carbon sequestration, or increasing the energy efficiency of buildings and transportation.
RECs represent green electricity produced using environmentally-friendly methods (such as solar, wind or hydro) in the form of certificates.
Any clean energy producer in the world that produces 1 megawatt-hour of electricity can be issued one REC. Recognised by the Greenhouse Gas (GHG) Protocol Scope 2 Guidance, the certificate serves as proof that the electricity is sustainable, and is a commodity that can be traded.
Any organisation that wishes to use green energy but lacks the space and budget to invest in their own solar assets or other renewable energy sources, can buy RECs to offset their energy consumption.
By purchasing RECs, organisations purchase the use of zero-emission electricity as their own consumption is offset by renewable energy generated from clean energy producers around the world.
The fundamental difference is that carbon credits offset gaseous emissions while RECs negate energy consumption. Businesses should evaluate their business activities and the nature of its carbon emission.
For instance, a commercial building indirectly contributes to carbon emission via their electricity consumption. Purchasing a REC offsets energy consumption as the building would be using carbon-neutral electricity. On the other hand, a manufacturing company with production activities would directly generate greenhouse gases and is more suited to purchase carbon credits which help remove GHG emissions.
Interested in reducing your carbon footprint with green energy?