SP signs PPA with BASF for rooftop solar deployment

SP has signed Power Purchase Agreements with BASF South East Asia and its subsidiary Chemetall Asia for the installation of the first solar rooftop panels at their production facilities in Singapore – on Jurong Island and at Loyang. This is part of BASF’s phased approach in its green transformation, towards increasing the deployment of renewable energy to power its operations. At the Loyang site, this is expected to cover 100 per cent of the facility’s electricity needs.

"We are pleased to collaborate with BASF and provide its facilities access to cleaner energy through our rooftop solar photovoltaic systems. The industrial sector accounts for 40% of Singapore’s total electricity consumption, and enabling the energy transition for industrial partners like BASF will be a key accelerator to decarbonise the energy sector. Backed by our engineering expertise and green solutions, we are committed to advancing the adoption of sustainable practices to meet the nation’s 2050 net-zero ambition," said S. Harsha, Managing Director (Singapore) of Sustainable Energy Solutions, SP Group.

- 20 May 2025