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Mainboard-listed BBR Holdings (S) Ltd announced that its wholly-owned subsidiary, BBR Greentech Pte Ltd has been awarded two contracts for the construction of solar photovoltaic (PV) systems. The first is a tender by National Water Agency PUB, for two 1.5 megawatt-peak (MWp) floating solar PV systems on Bedok and Lower Seletar reservoirs, while the second is for the private sector for the construction of solar panels on the rooftops of two industrial buildings.
For the project for PUB, BBR will build floating solar PV systems that will directly power Bedok Waterworks, as well as the raw water pumping stations at both Bedok and Lower Seletar reservoirs. Together with an existing 0.5 MWp rooftop solar array at Bedok Waterworks, these systems will produce enough green energy to satisfy 30% of the installations total energy requirement. Additionally, the floating solar PV systems can potentially generate enough energy to power around 800 four-room HDB flats, and reduce PUBs carbon emissions by about 1.5 kilotonnes annually. Said Mr Andrew Tan ( ), BBRs Chief Executive Officer: We are excited about winning the PUB tender as we had previously participated in a floating
solar PV testbed project to study the feasibility of this technology on Tengeh Reservoir.
For the second contract, BBR will undertake the design, supply, and installation of two PV systems - 0.78 MWp and 2.2 MWp on the rooftops of industrial buildings at Marsiling and Benoi Sector. Construction works for both contracts are in progress, and the systems are expected to be operational by the second quarter of 2020. These contracts are not expected to have any material financial impact on the earnings of the Group for the financial year ending 31 December 2019.