Under a 20–year solar power purchase agreement, Sunseap will install a 1.39 MWp solarenergy system on the rooftop of the seven storey HyundaiMotor Group InnovationCentrebyJuly 2022.
The system can generate an estimated 1.76 GWh of electricity annually and isequivalent to avoiding 1,247 metric tons of carbon emissions or offsetting the energyconsumption of 408 four–room HDB flats.
Frank Phuan, Co–founder and Chief Executive Officer of Sunseap, said: “We are delighted tosee automotive giants like Hyundai aiming for carbon neutrality in their operations,andhonoured to play our part in the greening of its upcoming innovation hub in Singapore.
“The transport sector is one of the largest emitters of greenhouse gasesand we see excitingopportunities to work with like–minded partners such as Hyundaito tap renewableenergysources for sustainable mobility.”
HongBum Jung, Head ofHMGICS, said:“The world is going tobea carbon–neutral society,and Hyundai Motor Group also announced our RE100 plans.As an EV dedicated smart factory,HMGICS has aligned our group's ambitious targets and support Singapore's goal to achieve
net–zero emissions.
“At this juncture, the partnership between Sunseap and HMGICS is a significant milestonethat starts HMGICS' journey to achieve carbon neutrality.”
The Hyundai facility, located at Jurong Innovation District, will research and develop futuremobility technologies as well as pilot novel manufacturing models through small–scalefactories in urban areas. It may also produce up to 30,000vehicles per year by 2025.
