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An Overview Of Transmission Code.pdfhttps://www.spgroup.com.sg/dam/jcr:c84f9786-e8ea-4449-9471-470d52c1dad1/An%20Overview%20Of%20Transmission%20Code.pdf
Singapore Institute of Power and Gas An Overview of Transmission Code Course Code: ERG04 COURSE OBJECTIVES Upon completion of this course, participants will be able to: • Understand the transmission code • Apply the transmission code to transmission system planning and development • Understand the Singapore electricity market structure MAIN CONTENTS • Singapore Electricity Market Structure • Electricity Transmission System • Scope of transmission code • Connection agreements • Disconnection and discontinuance • Transmission system planning and development • Inspection and maintenance METHODOLOGY Lecture TARGET AUDIENCE Engineers and technical staff who are required to carry out transmission system planning, development, inspection and maintenance work COURSE DETAILS Duration : 7 hours Mode of Delivery : Face-to-Face or Blended (Face-to-face and Synchronous E-Learning) Certification : SIPG Certificate of Completion PDU by PE Board : Pending Additional Requirement/s : N.A. COURSE FEES Full Course Fee : S$800 (before GST) For Singapore Citizens/PR/LTVP+* : Not applicable For Singapore Citizens (40 years old and above) ADDITIONAL REMARKS : Not applicable • Trainee must attain at least 75% attendance rate and pass the assessment to receive Certificate of Completion and funding grant (if applicable). • Subsidy of up to 70% is applicable for Singapore Citizens, Permanent Residents or Long-Term Visitor Pass Plus (LTVP+) Holders, subject to funding agency’s approval. • Enhanced subsidy of up to 90% is applicable for Singapore Citizens aged 40 years and above, subject to funding agency’s approval. Note that GST payable will be computed from fee after 70% funding. • Professional Development Unit (PDU) is applicable for Professional Engineers registered under the Professional Engineers (PE) Board only. • All published fees are subject to prevailing GST. Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.2_0523 Singapore Institute of Power and Gas CONTACT US For more information, please contact SIPG at +65 6916 7930 or email training-institute@spgroup.com.sg. OTHER SIPG COURSES For more courses, visit our website at: https://www.spgroup.com.sg/about-us/training or Scan the QR code below: Singapore Institute of Power and Gas Pte Ltd UEN: 201427065Z 2 Kallang Sector, Singapore 349277 Ver 3.2_0523
News & Media Releaseshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases?page=7
News & Media Releases Latest All Years 07 Sep 2023 Record S$700,000 raised at SP Charity Golf 2023 23 Aug 2023 SP Group Partners Frasers Property Vietnam To Bring Integrated Smart, Clean Energy Solutions To Binh Duong Industrial Park 29 Jun 2023 Electricity Tariff Revision For The Period 1 July to 30 Sep 2023 05 Jun 2023 SP Group invests in first batch of agrivoltaics assets in China 29 May 2023 KidSTART Singapore new play production, Adventures with Andi, promotes reading and language development among children 28 May 2023 Youth Guidance Outreach Services receives largest single donation of $750,000 from SP Group 25 May 2023 SP Group Expands Marina Bay District Cooling Network With More Developments And New Satellite Plants 15 May 2023 Sabeco partners SP Group to install rooftop solar system across nine breweries in Vietnam 09 Apr 2023 SP Group to acquire up to 150MW rooftop solar assets in China 05 Apr 2023 PUB the first government agency to participate in demand response programme; partners SP Group to bolster grid resilience 1 ... 6 7 8 ... 21
[20200316] Media Release - Leadership Change At SP Grouphttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/07f81a0c-8e15-40ca-8d09-5054390f3569/%5B20200316%5D+Media+Release+-+Leadership+Change+At+SP+Group.pdf?MOD=AJPERES&CVID=
News Release LEADERSHIP CHANGE AT SP GROUP Singapore, 16 March 2020 – SP Group (SP) today announced that Mr. Wong Kim Yin, Group Chief Executive of SP Group, will be leaving SP to join Sembcorp Industries Ltd as Group Chief Executive Officer on 1 July 2020. The SP Board of Directors has appointed Mr. Stanley Huang Tian Guan, Chief Financial Officer of SP Group, and Chief Executive Officer of SP International, as Group Chief Executive Officer, effective 1 July 2020. Kim Yin and Stanley will work together to ensure a smooth transition. Tan Sri Mohd Hassan Marican, Chairman of SP Group, said: “On behalf of the Board, I would like to thank Kim Yin for his outstanding leadership during his eight years with us. He has transformed the group amidst an evolving landscape and embedded innovation and sustainability in the company’s DNA. With Stanley taking over the helm, I look forward to working with him as he leads the team in charting SP’s next phase of growth.” Stanley has 25 years of experience in international business management and finance. Stanley is also director of several SP companies including SP Services Limited, SP PowerAssets Limited, SGSP (Australia) Assets Pty Ltd and Singapore Power International Pte Ltd. Prior to joining SP, Stanley was the Global Chief Financial Officer of Volvo Construction Equipment. -Ends- 1 About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.6 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG. 2
News & Media Releaseshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases?page=9
News & Media Releases Latest All Years 29 Sep 2022 Electricity Tariff Revision for the Period 1 October to 31 December 2022 15 Sep 2022 Aims Apac REIT Partners SP Group to Install Large-Scale Rooftop Solar System Across Six Properties in Singapore 28 Aug 2022 How Does Thermal Energy Storage System Support Demand Response? 28 Aug 2022 EMA and SP Group to Pilot Thermal Energy Storage System at Electricity Substation 14 Jul 2022 SIT Partners SP Group to Boost Engineering Talent and Advance Singapore’s Energy Sector 29 Jun 2022 Electricity Tariff Revision for the Period 1 July to 30 September 2022 29 Jun 2022 Borneo Motors Singapore and SP Group to Pilot Singapore’s First Electric Car-Sharing Programme in Tengah, Singapore’s First Integrated Smart Energy Town 20 Jun 2022 SP Group renews commitment to nurture early literacy for KidSTART children with donation of S$1.1 million 05 Jun 2022 Surbana Jurong Campus to House Southeast Asia’s Largest Electrical Vehicle Charging Hub 21 May 2022 Mercatus Partners SP Group to Digitise Tenant Utilities Management 1 ... 8 9 10 ... 21
BusinessTimes#BT#11-04-2023#Default#1#BTS-004#3#ccihttps://www.spgroup.com.sg/dam/jcr:adc415e5-d745-47c3-8e78-a15e235a197d
4 | The T OP STORIES SP Group acquires rooftop solar assets in China Business Times | Tuesday, April 11, 2023 By Natalie Chen HM nataliechen@sph.com.sg SP Group announced on Monday (Apr 10) that it has acquired up to 150 megawatts-peak (MWp) of rooftop photovoltaic (PV) assets from China’s Shanghai Unisun New Energy. In a press release, SP Group – an energy utilities group and sustainable energy solutions provider – said that the solar assets will generate more than 150 gigawatt-hours (GWh) of green electricity annually. This will help China avoid more than 88,000 tonnes in carbon emissions each year. The 150 MWp of rooftop PV assets are solar panels which convert light to electricity. The two companies have already completed the acquisition of the first 80 MWp of distributed PV projects for a total equity consideration of S$34 million. These assets are installed at over 50 industrial sites in Fujian, Jiangsu, Zhejiang, and Guangdong, covering the food and beverage, automobile and textiles industries. The transaction for the remaining 70 MWp is likely to be completed by the middle of this year. SP Group said the acquisition is in line with its strategy towards sustainable development and decarbonisation of the industrial sector, reducing energy consumption and carbon footprint of manufacturing facilities. “The acquisition is part of SP Group’s long-term commitment to support China’s clean energy expansion and strengthen our sustainable energy portfolio”, said Michael Zhong, SP Group China managing director. “We look forward to accelerating the green energy transition and sustainable development for industrial parks, districts, and townships across China through deeper partnerships and value-added innovations”. SP Group recently formed alliances with China Southern Network Financial Leasing, CGN International Financial Leasing and CIMC Capital, to jointly invest and develop sustainable energy projects in new energy development, energy storage systems and integrated energy managements. China has pledged to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, as announced by President Xi Jinping in September 2020. According to a report by the International Energy Agency in September 2021, the pace of China’s emissions reductions will be an important factor in global efforts to limit global warming to 1.5 deg C.
SP Group Partners Sino-Singapore Guangzhou Knowledge City to Develop Energy-Saving Solutionshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Partners-Sino-Singapore-Guangzhou-Knowledge-City-to-Develop-Energy-Saving-Solutions
Media Release SP Group Partners Sino-Singapore Guangzhou Knowledge City to Develop Energy-Saving Solutions Singapore & China, 31 August 2020 – SP Group (SP) today signed an agreement with the SinoSingapore Guangzhou Knowledge City Investment and Development Co. Ltd (GKC Co) to establish a joint venture (SP-GKC JV Co) to develop district cooling, heating and integrated energy solutions that will help the China-Singapore Guangzhou Knowledge City (CSGKC) to achieve energy savings. The joint venture agreement was signed by SP’s Group Chief Executive Officer Mr Stanley Huang and GKC Co’s Chief Executive Officer Mr Chen Changxin at the 11th Singapore-Guangdong Collaboration Council (SGCC) meeting. The meeting, held over video conference in Guangzhou and Singapore, was co-chaired by Guangdong Governor Mr Ma Xingrui and Singapore’s Transport Minister Mr Ong Ye Kung. As part of the agreement, SP and GKC Co are working together to develop district cooling and heating solutions for the Knowledge Tower at the Jiulong Lake area in GKC. Leveraging the technology and SP’s experience in the energy industry, both parties will also focus on integrating sustainable energy solutions such as distributed energy, energy storage, energy efficiency and energy management systems. In the next phase of development, these solutions could be extended to other projects in the SinoSingapore International Technology Innovation Cooperation Demonstration Area within CSGKC, to enable more customers to enjoy substantial energy and cost savings. This will translate to a cleaner and more sustainable energy future for CSGKC and Guangzhou city. Mr Stanley Huang, Group Chief Executive Officer of SP Group said: “Our technology and operations at Raffles City Chongqing and Singapore’s Marina Bay have helped customers achieve cost savings and reduce energy consumption by 40 per cent. Through this partnership with CSGKC, SP Group looks forward to supporting China’s goal to build an ecological civilisation and Beautiful China1 , with our smart and sustainable energy solutions. Together, we aim to enable customers in China to enjoy a sustainable, low-carbon future.” Mr. Chen Changxin, CEO of GKC Co said: "As an important platform for China-Singapore collaboration, GKC Co has started the exchanges and cooperation with SP Group since the ground-breaking of GKC. This year marks the 30th anniversary of China-Singapore diplomacy and the 10th anniversary of GKC, it is a milestone for us to jointly establish a joint venture to develop the smart energy business. Based on the principle of “government-supported, enterprise-led, market-driven” and with the Knowledge Tower project at the Jiulong Lake as a start, we will implement investment, construction and operation of district cooling and heating solutions centred on the smart micro-grids layout, promote the development of smart energy businesses in GKC and gradually extend to GBA, so as to achieve synergistic improvement of commercial value, corporate benefits and social effects, and jointly create another successful model of ChinaSingapore collaboration." Raffles City Chongqing, where SP Group operates its advanced energy-efficient cooling and heating system, commenced operations in September 2019. SP’s cooling operations enabled Raffles City Chongqing to reduce energy consumption by more than 40 per cent savings, compared to conventional building chiller plants. SP designed and operates the world’s largest underground district cooling system at Singapore’s Marina Bay Financial district. Besides achieving substantial energy efficiency, the Marina Bay district cooling network achieved 100% reliability for 13 consecutive years, since it commenced operations in 2006. -Ends- 新加坡能源集团携手中新广州知识城实现节能解决方案 (新加坡、中国,2020 年 8 月 31 日)新加坡能源集团(SP Group)今天宣布与中新广州 知识城投资开发有限公司(简称“知识城合资公司”)签署合作协议,双方成立合资企业 开发区域供冷供热及综合能源解决方案,帮助中新广州知识城(简称“知识城”)实现节 能减排目标。 新加坡能源集团总裁黄天源和知识城合资公司总裁陈长新在新加坡-广东合作理事会(简 称“新粤合作理事会”)第十一次会议上签署了该合资协议。广东省省长马兴瑞先生和新 加坡交通部长王乙康先生分别在广州和新加坡主持了此次线上视频会议。 按照协议,新加坡能源集团与知识城合资公司将共同开发知识城九龙湖“知识塔”片区的 区域供冷供热解决方案。同时,借助新能源集团在能源领域的经验和技术,双方还将关注 一体化能源解决方案,如分布式能源、储能、能效管理及整合能源管理系统等方面。下一 阶段,这些技术将拓展到广州知识城“中新国际科技创新合作示范区”的其他项目中,使 更多客户受益于能耗和成本的大幅下降。这也将为知识城和广州市更清洁、可持续的能源 事业发展助力。 新加坡能源集团总裁黄天源先生说:“我们创新的技术和营运为重庆来福士和新加坡滨海 湾的客户节约了百分之四十的能耗。新加坡能源集团希望能够通过这次中新广州知识城的 合作,用我们的智慧可持续能源解决方案,继续支持中国的生态文明和‘美丽中国’2建 设,实现低碳和可持续发展的未来。” 知识城合资公司总裁陈长新说:“这个合资企业的建立正值中新建交 30 周年和广州知识 城成立 10 周年,对于知识城智慧能源产业发展来说有着里程碑式的意义。我们将坚持 ‘政府引导、企业先行、市场化运作’的原则,以九龙湖知识塔项目为起点,围绕智能微 网布局实施区域制冷和供热解决方案的投资、建设和运营。”陈长新表示,双方还将持续 提升知识城智慧能源产业发展水平,并将成功经验推广至粤港澳大湾区,从而实现商业价 值、企业效益和社会效应的协同提高,共同打造中新合作的又一成功典范。 新加坡能源集团在新加坡滨海湾金融区设计打造了世界上最大的地下区域供冷系统。该系 统自 2006 年投入运营以来已连续十三年实现 100%的可靠性。2019 年 9 月正式营业的重庆 来福士广场也采用了新能源集团的尖端高效节能供冷供热系统,实现了高达40%以上的节 能效果。新加坡能源集团将以中新广州知识城合作项目为契机,为中国持续带来高效节能 的解决方案,助力“美丽中国”建设。 -完-
Innovationhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/innovation/sp-group-and-hyundai-to-accelerate-adoption-of-evs-in-singapore
SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Group and Hyundai to Accelerate Adoption of EVs in Singapore INNOVATION SP Group (SP) and Hyundai will jointly develop a new business model for battery leasing, or Battery-as-a-Service (BaaS) – a first in Southeast Asia – where EV users lease the car battery instead of owning it. The collaboration includes a study on EV battery utilisation and improving the ownership experience for consumers. It also involves the expansion of the EV charging infrastructure and development of new solutions for battery reuse and recycling to achieve carbon neutrality. This aims to lower the initial cost of purchasing an EV, enhance the accessibility of charging points and build an ecosystem of innovative solutions that can encourage the adoption of EVs in Singapore. Read more in the media release. - 12 November 2020 TAGS INNOVATION YOU MIGHT BE INTERESTED TO READ SP partners Pyxis to launch direct-current fast charging point for electric harbour crafts Using GET™ to help Mercatus digitally manage their tenant utilities SP Group is partnering Mercatus Co-operative Limited to deploy SP Digital’s Green Energy Tech (GET™) solutions to Mercatus’ properties. Developing the digital core of sustainable energy solutions From coding to designing systems, Ibrahim develops and manages all the central platforms and systems that power the SP Utilities app, commercial solutions, and internal projects for SP.
Category: Innovation
Procurementhttps://www.spgroup.com.sg/about-us/procurement?page=2
OverviewSRM PortalSupplier Code of ConductContact Us Procurement Doing business with SP SP Group is committed to doing business and conducting its operations with integrity, honesty and in compliance with all applicable laws and regulations. We require all our business associates to comply with SP Group's Supplier Code of Conduct. Supplier Code of Conduct Procurement SRM Portal Find out more about current and upcoming opportunities to work with us. SRM Portal Current Opportunities Enter our Supplier Relationship Management (SRM) Portal to find out more about current business opportunities. Need help with SP SRM Portal? Call +65 6916 8839 (0830-1230H, 1330-1700H on Mondays to Fridays, excluding Public Holidays) or email srmsupport@spgroup.com.sg. Find out more about the Terms & Conditions for the use of the SP SRM Portal here.  SRM Portal Safety Performance Criteria In line with SP Group’s principle of safety as our highest priority, SP Group is enhancing its tender evaluation framework to include a new Safety Performance criteria that takes into account the tenderer’s safety performance in their contracts with SP Group. This new Safety Performance criteria will be applied for all tenders called from 1 April 2022 onwards and will account for a minimum of 10% of the total evaluation score. The criteria will consider if the particular tenderer had safety incidents while executing their contracts with SP Group in the past 2 years. Any occurrence of incidents that results in fatality or serious injury may also render the tenderer ineligible for award of the contract. For more details, please refer to the policy document on the Safety Performance Criteria.  Contractor Performance Management System SP Group implemented the Contractor Performance Management System (CPMS) to strengthen its partnership with and improve the safety and quality performance of its contractors. Through the CPMS, SP Group aims to take a holistic approach to the selection of its contractors as part of enhancing procurement process, by looking at the performance of its contractors at a quarterly and annual basis and not only based on performance at each individual contract basis.  Contractor Performance Management System Policy FY24/25 Annual Result FY25/26 Quarterly Score Upcoming Opportunities All Categories Apr - Jun 2025 Supply and Installation of 230kV Switchgear (51 nos) TRANSMISSION EQUIPMENT Oct - Dec 2025 Supply and Installation of 66kV Power Cable (20 km) TRANSMISSION CABLES Jul - Sep 2025 Supply and Installation of 66kV Power Cable (20 km) TRANSMISSION CABLES Apr - Jun 2025 Supply and Installation of 66kV Power Cable (20 km) TRANSMISSION CABLES Apr - Jun 2025 Supply and Installation of 230kV Power Cable (80 km) TRANSMISSION CABLES Apr - Jun 2025 Supply and Installation of 400kV Power Cable (80 km) TRANSMISSION CABLES Jan - Mar 2026 Supply and Delivery of OHL 25mm2 Cables (90 km) DISTRIBUTION CABLES Oct - Dec 2025 Supply and Delivery of 22kV Premoulded Joints (7000 sets) DISTRIBUTION CABLE JOINTS AND TERMINATION KITS Jul - Sep 2025 Supply and Delivery of LV 300mm2 Heat-shink Kits (15000 sets) DISTRIBUTION CABLE JOINTS AND TERMINATION KITS Jul - Sep 2025 Supply and Delivery of LV 120mm2 Heat-shrink Kits (1000 sets) DISTRIBUTION CABLE JOINTS AND TERMINATION KITS 1 2 3 bizSAFE Certification --- bizSAFE is a programme that promotes workplace safety and health through the recognition of the organisation's safety efforts. With effect from 01 April 2014, all new contracts & contractors involved in SP engineering construction and building operations works must meet the minimum bizSAFE Level 4 certification & safety requirements. From 01 Oct 2021, the bizSAFE entry requirement shall be raised from bizSAFE Level 4 to bizSAFE Star. This shall apply to all Main Contractors participating in tenders advertised on or after 01 Oct 2021. The bizSAFE entry requirement for  all sub-contractors will also be raised from bizSAFE Level 4 to bizSAFE Star from 01 Oct 2022. This will allow additional time for sub-contractors to conform. Note: This does not apply to cable jointing or termination carried out by free-lance cable jointers; Ancillary work such as cable detection, survey works and third-party inspection works; Power turn-on by Licenced Electrical Worker; Supply and delivery; IT-related works (that does not involve electrical installation); and Consultancy services. Debarment Policy --- SP will only work with responsible contractors/suppliers. To protect stakeholders’ interest, SP will debar contractors/suppliers for criminal offences, ethics violations, poor performance, withdrawal of tenders and other serious contractual non-compliances. Debarred contractors will not be allowed to participate in any SP tenders during the debarment period. The debarment period typically ranges from 1 to 5 years, depending on the severity of the contractor/supplier infringements. At the end of the debarment period, debarred contractors/suppliers can apply to our Procurement branch to be qualified as an eligible tenderer again. The applications are subject to our approval.
Average-Gas-Consumption--kWH-_Nov-23-to-Oct-24.xlsxhttps://www.spgroup.com.sg/dam/spgroup/docs/our-services/utilities/Average-Gas-Consumption--kWH-_Nov-23-to-Oct-24.xlsx
Consumption_Gas Average consumption of Gas (kWh) Premises Types Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 HDB 1-Room 35 36 38 38 37 38 35 34 33 35 35 34 HDB 2-Room 36 36 37 38 38 40 37 34 34 36 36 34 HDB 3-Room 51 49 50 52 53 56 50 48 47 51 51 49 HDB 4-Room 62 61 61 64 66 69 62 58 58 62 63 61 HDB 5-Room 69 67 65 70 73 77 68 64 63 69 70 68 HDB Executive 73 70 70 74 78 82 73 68 68 72 74 72 Apartment 85 83 85 91 94 93 80 76 77 82 86 88 Terrace 105 103 100 108 120 114 93 97 98 98 105 107 Semi-Detached 123 118 115 120 133 130 117 105 115 115 120 117 Bungalow 201 200 213 192 220 234 209 168 197 185 198 206
UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholdershttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/UOB-and-SP-Group-partner-to-offset-100--or-more-of-household-electricity-carbon-emissions-for-UOB-EVOL-cardholders
News Release UOB and SP Group partner to offset 100% or more of household electricity carbon emissions for UOB EVOL cardholders Cardholders can now achieve their sustainability goals seamlessly and conveniently when they charge their utilities bills to their card Singapore, 23 November 2022 – UOB EVOL cardholders will now be able to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group’s (SP) utilities bills to their credit card, via a new exclusive feature jointly launched by UOB and SP this month. With this new feature, when customers charge SP utilities bills to their UOB EVOL card, UOB will fund and contribute 2 per cent of the billed amount to purchase My Green Credits on the SP app on behalf of the customer. My Green Credits is an affordable and convenient way for customers to get on the sustainability movement by greening their energy consumption through the purchase the amount of “green credits” in the form of Renewable Energy Certificates (RECs)1. For example, when customers charge a $90 utilities bill to their UOB EVOL card, they will receive $1.80 worth of complimentary My Green Credits from UOB, equivalent to 2% of the billed amount. My Green Credits is purchased at a cost of S$0.12 per 25 kWh, which will translate to offsetting 375 kWh (kilowatt hour) or equivalent to an average national 4-room HDB flat’s electricity usage. This is equivalent to offsetting 100 per cent of the home’s electricity carbon footprint (see Annex for illustration). New UOB EVOL cardmembers paying their SP bills via the SP app will automatically enjoy the complimentary My Green Credits, while existing cardholders who are using the SP app to pay their bills before 10 November 2022 will simply need to do a one-time re-add of their EVOL card as a payment method to be eligible. My Green Credits will be automatically reflected within the customer’s SP app, with no additional effort required from them when bill payments are made. This benefit is available for both one-time and recurring SP bills payments. UOB EVOL card is the first in the market to partner with SP Group, Singapore’s national grid operator and leading sustainable energy solutions provider in the region, to offer customers complimentary My Green Credits when they use their EVOL Card to make utilities payment. This feature is applicable to all existing and new EVOL cardholders. The My Green Credits purchased will go towards supporting sustainable energy project developments in the region for the generation of green energy. 1Renewable Energy Certificates (RECs) are tradable green energy attributes that represent units of electricity generated from renewable energy generation facilities. These facilities comply with and are registered under internationally recognised standards, such as the I-REC standard, and are eligible to be issued RECs for every unit of electricity generated. A credit card that supports the green initiative UOB EVOL card is designed to appeal and serve the needs of younger customers, particularly their increasing focus on sustainability. The UOB EVOL Card is Southeast Asia’s first credit card to use bio-sourced materials to minimise ecological footprint. The EVOL Card is made of 84 percent polylactic acid (PLA) and created from renewable sources which are safe for incineration process. An EVOL Card that has expired and discarded is biodegradable in an industrial facility. Each EVOL card cuts down the use of plastic by 84 per cent and reduces carbon footprint by 10 grams per card. EVOL card also has a strong partnership with over 30 green partners to increase customers’ awareness of sustainability in their daily spending. This new card feature is another innovative initiative to further help them contribute to sustainable efforts seamlessly and conveniently. Ms Jacquelyn Tan, Head of Group Personal Financial Services, UOB, said “We understand that every customer has unique needs, preferences and goals, and this drives us to do right by them, to serve them in a way that meets their needs. Our wide suite of credit cards provides a comprehensive range of benefits and rewards to cater to different groups of customers on their differing needs. Through our partnership with SP, we are happy to further support the younger generation’s sustainability goals with our UOB EVOL card. This also shows UOB’s commitment towards sustainability, as we empower customers to work with us to tackle climate change and to forge a more sustainable future together.” Mr Luke Tang, Head of Strategy and Sustainability, SP Group, said “We are pleased to partner UOB to catalyse behaviour that promotes sustainability and the use of renewable energy certificates on the SP App to green household electricity consumption. As younger customers chart their sustainability journeys, we look forward to empowering them with green platforms and resources and collectively accelerate Singapore’s progress towards net zero.” The SP app was launched by SP as the first sustainability lifestyle app in Singapore. It aims to incorporate green solutions and initiatives to provide users with insights and solutions to manage their utilities and to reduce their carbon footprint. In addition to My Green Credits, users can also use the app to manage their utilities, reduce electricity consumption and contribute to Singapore’s sustainability targets to achieve a low-carbon future. On another sustainable front, as part of the UOB EVOL Card My Green Credits launch, SP supported National Parks Board’s (NParks) OneMillionTrees movement to plant a million more trees across Singapore by 2030 through NParks’ registered charity and IPC, Garden City Fund’s Plant-A-Tree programme. UOB and SP will plant 50 trees in April 2023, bringing us closer to realising our vision of becoming a City in Nature, a key pillar of the Singapore Green Plan 2030. Strategic partnership to create better solutions for customers This year marks the fourth year of partnership between UOB and SP, with joint efforts to empower customers on their green goals. Previous collaborations include the purchase of RECs through SP as part of a National Day promotion in 2021 for the EVOL card. UOB has also launched an API with SP in 2020, to allow UOB customers to instantly use their UNI$ to off-set their utility bills. Moving forward, UOB will work with SP to launch another new feature in the first quarter of 2023 that allows UOB cardholders to use their UNI$ to redeem for My Green Credits via the SP mobile app. They can choose which local or international renewable energy projects that they would like to support with the My Green Credits redeemed. Under the My Green Credits initiative, SP is supporting various green projects ranging from a solar farm in Vietnam, to a wind farm in Thailand, to a solar rooftop system in Singapore, to help reduce emissions and impact on the environment. In line with Singapore’s strong push to electrify its vehicle population, ecosystem, UOB and SP also have plans to provide promotional offers to customers who use their UOB cards to pay for electric vehicles (EV) charging at SP EV charging points. Over the past 2 years, UOB has been building up a suite of sustainable future solutions to make it simpler for customers to create impact with their everyday choices. The Bank has an established sustainable investing approach which set standards for its Singapore and regional footprint by curating a suite of sustainable investments across funds, bonds and structured products. This includes its first UOB Personal Financial Services (PFS) secured loans green product framework, serving as the foundation of its Go Green home and car loans. The framework leverages insight from Morningstar Sustainalytics, a leading global provider of ESG research, ratings, and data. In November 2022, UOB also will be availing a digital doorway to sustainable banking on the UOB TMRW app, allowing customers to easily access green deals, investments and banking products on mobile. Through the app, customers will also receive eco-friendly tips for the holiday festivities, and personalised insights to bank and live more sustainably in 2023.   ANNEX: Illustration of offsetting customers’ carbon footprint with UOB EVOL Card
News & Media Releaseshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases?page=11
News & Media Releases Latest All Years 01 Dec 2021 SP Group partners with Banpu NEXT to offer clean energy solutions across Asia Pacific 30 Nov 2021 Porsche Asia Pacific and SP Group partner to create largest manufacturer-branded charging network in Singapore 26 Oct 2021 Singapore's First Digital Twin for National Power Grid 11 Oct 2021 SP Partners EDF on Subsea Cables to Facilitate Green Energy Import from Indonesia 29 Sep 2021 Electricity Tariff Revision For The Period 1 October to 31 December 2021 24 Sep 2021 Hyundai Motor Group Launches ‘E-mobility Pilot’ in Singapore with SP Group and Komoco Motors to Enhance EV Customer Experience 18 Aug 2021 Bringing Distributed District Cooling to Our Town Centres - A Cool Solution for a Greener SIngapore 10 Aug 2021 New Energy Story Exhibition to Supercharge Singapore’s Energy Future 01 Aug 2021 SP Group Secures First Solar Project in Vietnam Through Joint Venture with BCG Energy 12 Jul 2021 SP Group partners Wuhou District Government to develop smart eco-district in Chengdu 1 ... 10 11 12 ... 21
Leadership Change at SP Grouphttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Leadership-Change-at-SP-Group
Media Release Leadership Change at SP Group Singapore, 16 March 2020 - SP Group (SP] today announced that Mr. Wong Kim Yin, Group Chief Executive of SP Group, will be leaving SP to join Sembcorp Industries Ltd as Group Chief Executive Officer on 1 July 2020. The SP Board of Directors has appointed Mr. Stanley Huang Tian Guan, Chief Financial Officer of SP Group, and Chief Executive Officer of SP International, as Group Chief Executive Officer, effective 1 July 2020. Kim Yin and Stanley will work together to ensure a smooth transition. Tan Sri Mohd Hassan Marican, Chairman of SP Group, said: "On behalf of the Board, I would like to thank Kim Yin for his outstanding leadership during his eight years with us. He has transformed the group amidst an evolving landscape and embedded innovation and sustainability in the company's DNA. With Stanley taking over the helm, I look forward to working with him as he leads the team in charting SP's next phase of growth." Stanley has 25 years of experience in international business management and finance. Stanley is also director of several SP companies including SP Services Limited, SP PowerAssets Limited, SGSP [Australia) Assets Pty Ltd and Singapore Power International Pte Ltd. Prior to joining SP, Stanley was the Global Chief Financial Officer of Volvo Construction Equipment. About SP Group SP Group is a leading energy utilities group in the Asia Pacific. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and district cooling businesses in Singapore and China. SP Group is committed to providing customers with reliable and efficient energy utilities services. About 1.6 million industrial, commercial and residential customers in Singapore benefit from SP Group’s world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. SP Group also drives digital solutions to empower customers to manage their utilities, reduce consumption and save cost. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG and on Twitter @SPGroupSG.