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Our Overseas Business
SP Group aims to be a leading sustainable energy solutions provider in the region. Leveraging our engineering expertise, digital capabilities and track record in Singapore, we are expanding our presence in international markets and collaborating with partners to deliver integrated solutions to our customers.
China
With China leading sustainable development on the global stage, this presents a new growth engine for SP Group to deploy district cooling, heating and integrated energy solutions.
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Vietnam
With the transition to renewable energy and a drive towards energy efficiency in Vietnam, SP Group is building on these developments to export and acquire expertise and assets in Vietnam. We set up an office in Ho Chi Minh City in 2020 to pursue sustainable energy solutions projects.
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Thailand
We are enabling the decarbonisation of districts and the acceleration of green energy transition in Thailand.
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Australia
SP Group has a stake in SGSP (Australia) Assets Pty Ltd, trading as Jemena, which owns and operates electricity distribution and gas transmission and distribution networks across Australia.
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SP Utilities Portal

Business Portal

Supplier Relationship Management System [SRM]

SP Contractor Portal

EMA e-Licence Information Services [ELISE]

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Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=outdoor-cooling Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group secures district cooling and heating energy management project at Chengdu Future Medical City SP inks MOU with Wuhou government to develop an integrated energy management project in the Wisdom Valley SP Group and Singapore Land Group strengthen sustainability partnership with more electric vehicle charging facilities Ca

Sustainability https://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/sp-cools-outdoor-food-fiesta

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation SP Cools Outdoor Food Fiesta SUSTAINABILITY With temperatures at a high of 33 degree Celsius, Nathasha Azman was relieved to spot SP Group’s outdoor coolers in Food Fiesta 2019 at Bayfront Avenue. Like many others, Nathasha was “chilling” near the outdoor coolers. Each unit can lower surrounding temperatures to around 24 degree Celsius, much like enjoying air-conditioning outdoors. In the hot and humid climate of Singapore, this provided a huge respite for many a visitor to Food Fiesta. The cooling technique taps on the world’s largest underground district cooling network, located at Marina Bay and operated by SP Group. The outdoor cooling solution delivers temperatures lower than that of cool mist of ventilation fans. Air blown out is also comfortably dryer than evaporative air coolers. SP Group’s outdoor cooling solution has unlocked the potential for urban spaces in many ways. Aside from al fresco dining, visitors to the area were spotted playing outdoor games and taking naps in the hammocks provided. “It is a good idea to have outdoor cooling. We should have more of them in different spots so that we can walk around more comfortably, as it is less hot,” suggested Ivy Chew, another visitor to Food Fiesta. — 29 April 2019 TAGS SUSTAINABILITYOUTDOOR COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment

Category: Sustainability

Joint Media Release - Outdoor Cooling Innovation Made In Singapore By ST Engineering And SP Group For National Day Parade https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/b6ee8da8-4085-4f09-adfe-57cd645c169d/%5B20170727%5D+Joint+Media+Release+-+Outdoor+Cooling+Innovation+Made+In+Singapore+By+ST+Engineering+And+SP+Group+For+National+Day+Parade.pdf?MOD=AJPERES&CVID=

Joint Media Release OUTDOOR COOLING INNOVATION MADE IN SINGAPORE BY ST ENGINEERING AND SP GROUP FOR NATIONAL DAY PARADE Singapore, 27 July 2017 – In a first for Singapore’s National Day Parade (NDP), segments of audiences will enjoy cool air comfort outdoors at the Floating Platform, through a made-in- Singapore innovation that ST Engineering and SP Group (SP) have created. This engineering solution builds on ST Engineering’s Airbitat Smart Cooler’s revolutionary deep cooling technology and SP’s underground district cooling network at Marina Bay that provides chilled water for air-conditioning of buildings in Marina Bay. This solution functions on chilled water running from SP’s same underground system, which is more energy-efficient than electricitypowered cooling devices. This low-cost outdoor cooling saves 90 per cent in energy consumption compared to conventional air-conditioning. Launched at the NDP Preview show on Saturday 29 July, there are 29 sets at and around the Floating Platform. In this first roll-out, the sets will be placed closest to the audience sections occupied by spectators with special needs, such as those in wheelchairs, and at areas where spectator queues may form. This unprecedented system unlocks the potential of urban spaces in land-scarce Singapore and transforms the way communities live, work and play. It also demonstrates how industry collaboration can scale up urban solutions quickly and actively deploy innovative concepts to help build an environmentally sustainable Singapore. Gareth Tang, General Manager of Innosparks, an Open Lab by ST Engineering, said, “We believe in solving complex problems of society through engineering. This innovative collaboration is one way ST Engineering pushes boundaries to create breakthrough, energy-efficient and sustainable solutions to improve daily lives.” Managing Director of SP Group’s Singapore District Cooling, Jimmy Khoo, said, “This gamechanging technology makes outdoor cooling viable in Singapore’s climate. Tapping on SP Group’s underground district cooling system that serves several buildings in Marina Bay, we are developing sustainable solutions that will help consumers save energy and cost.” 1 About ST Engineering ST Engineering (Singapore Technologies Engineering Ltd) is an integrated defence and engineering group specialising in the aerospace, electronics, land systems and marine sectors. It has global presence with offices in Asia, the Americas, Europe and the Middle East and employs about 22,000 employees. Across the globe, its employees bring innovation and technology together to create smart engineering solutions for its customers in the defence, government and commercial segments. Headquartered in Singapore, ST Engineering reported revenue of S$6.68b in FY2016 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of the FTSE Straits Times Index, MSCI Singapore and the SGX Sustainability Leaders Index. Please visit www.stengg.com for more information. 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. More than 1.5 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. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG. 2 Annex 1 Outdoor Cooling Innovation By ST Engineering & SP Group – How It Works 3 Annex 2 The Airbitat Smart Cooler The Airbitat Smart Cooler, created by Innosparks (an Open Lab by ST Engineering), is a proven product with an innovative two-stage cooling technology – it can save up to 80 percent energy when compared to the average air conditioner of an equivalent capacity. Airbitat is effective all-day and adapts intelligently to varying conditions throughout the day to deliver ultra-efficient cooling. Unlike conventional one-mode coolers, Airbitat’s intelligent system detects the ambient environment and engages the right cooling mode to deliver the right level of thermal comfort. Most importantly, the Airbitat Smart Cooler is engineered to be eco-friendly, with negligible waste heat generation when compared to conventional air conditioning, and energy-smart as well. A typical 8- hour cooling cycle registers a combined energy and water cost as low as $2.50 a day. Singapore District Cooling’s Underground System Singapore District Cooling (SDC) operates the world’s largest underground district cooling system that provides reliable and efficient air conditioning 24/7, 365 days to 23 iconic buildings in the Marina Bay area. District cooling contributes to a sustainable Singapore. The system saves as much as 40 per cent in electricity consumption, and reduces 34,500 tonnes carbon dioxide emissions annually – equivalent to removing 10,000 cars from Singapore’s roads. The electricity savings in the Marina Bay area are equivalent to powering 23,718 3-room HDB flats for a year. Engineering and design makes SDC’s operations unique, enabling this huge industrial facility to be housed underground, freeing up space for more important use in land-scarce Singapore. Overseas, SDC is building a district cooling system for CapitaLand’s Raffles City Chongqing. Once completed, the system will enable the development to save 50 per cent in energy savings and reduce utility costs by about S$30 million over the next 20 years. 4

Sustainability https://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment

Category: Sustainability

Search https://www.spgroup.com.sg/search?tag=growing-greener

Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobilityhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/HSBC-ASSET-MANAGEMENT-ENERGY-TRANSITION-INFRASTRUCTURE--ETI--TEAM-INVESTS-IN-A-STRATEGIC-STAKE-IN-SP-MOBILITY Joint Media Release HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobility Singapore, 11 February 2025 – HSBC Asset Management (“HSBC AM”) today announces an investment1 by its Energy Transition Infrastructure (“ETI”) team in SP Mobility, an SP Group company and a leading Electric Vehicle (EV) Charging Point Operator in Singapore. SP Mobility has been at the forefront of developing Singapore’s EV charging infrastructure since 2018 and currently operates the nation’s largest high-speed EV charging network. As a market leader in Singapore, SP Mobility boasts a strong track record and is well-positioned to rapidly expand its operations, reinforcing its pivotal role in the evolving EV landscape. With Singapore experiencing one of the highest EV adoption rates in Southeast Asia — over a third of new car registrations in 20242 — SP Mobility is set to support the growing demand for electric transport. This investment marks a strategic partnership between HSBC AM and SP Mobility, that combines HSBC AM’s expertise in growing infrastructure platforms in Asia Pacific with SP Mobility’s leading position in Singapore’s EV charging market. Together, both parties aim to amplify SP Mobility’s EV charging network and deliver an enhanced service offering for EV drivers. This collaboration will leverage HSBC AM’s experience in transition infrastructure to explore opportunities for inorganic growth and accelerate expansion for SP Mobility’s suite of EV charging solutions. Paul Rhodes, Head of Energy Transition Infrastructure, Asia Pacific, HSBC Asset Management, said: “We are delighted to announce our investment in SP Mobility, which is in line with our mid-market, value-added, direct equity strategy as well as our focus on developed Asia Pacific markets. Singapore’s EV market is one of the fastest growing segments in the region and we see great growth potential in this area. This investment allows us to provide our investors with access to a new generation of asset classes that support the energy transition in the region.” S. Harsha, Managing Director for Sustainable Energy Solutions, SP Group, remarked: “HSBC AM's investment validates SP’s vision to pioneer Singapore’s first large-scale public EV charging network, supporting the nation’s green mobility efforts. We believe that strategic collaborations are essential for driving growth, community engagement and adoption in the EV industry, and we are excited to partner with HSBC AM in this transformational collaboration to deliver greater value to our customers and provide them with a larger network of EV chargers.” HSBC AM ETI’s investment in SP Mobility aims to support SP Mobility’s mission to scale up its EV charging infrastructure and enable green electrification through public and private sector collaborations. In 2024, SP Mobility achieved several milestones, including partnering SingHealth to progressively rollout 300 EV charging points – the largest deployment in the public healthcare cluster – and working with Pyxis on electric vessel charging and EV Connection in Malaysia on cross-border collaboration. This is HSBC AM ETI’s second portfolio company under its Asia Pacific-focused, mid-market, value-added energy transition infrastructure strategy, following an investment in Tekoma Energy, a developed Asia renewable energy platform, headquartered in Tokyo. [20210422] Media Release - SP Group launches green financing frameworkhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/babb2a20-2a6d-48c4-9d46-620e1475222d/SP+Group+launches+Green+Financing+Framework+-+Press+Release.pdf?MOD=AJPERES&CVID= Joint Media Release SP GROUP LAUNCHES GREEN FINANCING FRAMEWORK Company also secures S$100 million in green loan facilities from DBS, OCBC Bank and UOB Singapore, 22 April 2021 – SP Group (SP) has established a Green Financing Framework 1 in a move that deepens the integration of its sustainability ambition into its financing strategy. SP has also secured its maiden green loan facilities of S$100 million from DBS, OCBC Bank and UOB on a bilateral basis. Under the Framework, SP and its subsidiaries will be able to issue green financing instruments to finance and/or refinance eligible green projects in four categories: clean transportation, energy efficiency projects, renewable energy and green buildings. The Framework will also govern the use and management of the green loan facilities from DBS, OCBC Bank and UOB. The Framework is credible, impactful and aligned with the relevant international principles and guidelines 2 , as established in findings by Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm. The firm was engaged to provide a second party opinion on the Framework. With the Framework in place, investors and lenders will now have greater visibility of the use of proceeds and the positive environmental impact of SP’s investments in sustainable energy solutions and projects that are funded by green financing instruments. This will help investors and lenders identify and fund investments and projects aligned with their sustainable investing strategy. Chief Financial Officer of SP, Ms Loong Hui Chee, said, “This Green Financing Framework is central to SP Group’s commitment to advance clean energy transition, build sustainable infrastructure and foster innovation to enable a low carbon economy. We are pleased to partner DBS, OCBC Bank and UOB to secure our maiden green loan facilities. We look forward to working with like-minded financiers to support Singapore’s efforts to build a green finance ecosystem.” Mr Lim Wee Seng, Group Head of Energy, Chemicals and Infrastructure, DBS Institutional Banking Group, said, “As Southeast Asia’s largest bank, DBS plays a significant role in financing positive change and using our expertise and sector knowledge to support leading energy companies like SP Group, in achieving their sustainable development goals. In our on-going commitment to sustainability, DBS financed about SGD 597 million of renewable and clean energy-related projects last year. We continue to see tremendous growth potential in sustainable finance with more companies exploring ways to create positive impact and as stakeholders place greater responsibility on corporates to drive both profit and purpose-driven agendas.” 1 The Framework and Second Party Opinion is available at: https://www.spgroup.com.sg/about-us/investor-relations 2 Green Bond Principles 2018 by the International Capital Market Association; Green Loan Principles 2020 by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association; ASEAN Green Bond Standards 2018 by the ASEAN Capital Markets Forum. OCBC Bank’s head of Global Corporate Banking, Ms Elaine Lam, said, “We are pleased to support our long-time customer SP Group to drive the clean energy transition and contribute to the building of sustainable cities. Their Green Financing Framework, which we are pleased to have codeveloped, enables them to tap on green loans to fund projects that can create positive change. We look forward to partnering on more sustainable finance deals with SP Group in the future.” Mr Leong Yung Chee, Head of Group Corporate Banking, UOB said, “At UOB, we understand how important sustainability is to our client’s business model and take an active role in supporting their transition towards a low carbon future as they ramp up their sustainability strategies. We are pleased to deepen our existing relationship with Singapore’s biggest utilities group, from our partnership on UOB’s Utilities Marketplace 3 , to being a provider of the company’s first green loan. Our latest green loan exemplifies our commitment to helping our clients grow responsibly and demonstrates our efforts in building more sustainable and liveable cities.” More information on SP’s Green Financing Framework can be accessed at https://www.spgroup.com.sg/about-us/investor-relations. -Ends- 3 Please refer to UOB news release: “UOB charges ahead with Singapore’s first online utility marketplace to help customers save on their monthly bills”, 6 May 2019. About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable energy solutions such as cooling and heating systems for business districts and residential townships, electric vehicle fast charging and green digital energy management tools for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About DBS DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. About OCBC Bank OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 480 branches and representative offices in 19 countries and regions. These include over 230 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 70 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the bestin-class products to meet its clients’ goals. OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia. For more information, please visit www.ocbc.com. About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education. SP Group Launches Green Financing Frameworkhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-Green-Financing-Framework Media Release SP Group Launches Green Financing Framework Singapore, 22 April 2021 – SP Group (SP) has established a Green Financing Framework1 in a move that deepens the integration of its sustainability ambition into its financing strategy. SP has also secured its maiden green loan facilities of S$100 million from DBS, OCBC Bank and UOB on a bilateral basis. Under the Framework, SP and its subsidiaries will be able to issue green financing instruments to finance and/or refinance eligible green projects in four categories: clean transportation, energy efficiency projects, renewable energy and green buildings. The Framework will also govern the use and management of the green loan facilities from DBS, OCBC Bank and UOB. The Framework is credible, impactful and aligned with the relevant international principles and guidelines2 , as established in findings by Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm. The firm was engaged to provide a second party opinion on the Framework. With the Framework in place, investors and lenders will now have greater visibility of the use of proceeds and the positive environmental impact of SP’s investments in sustainable energy solutions and projects that are funded by green financing instruments. This will help investors and lenders identify and fund investments and projects aligned with their sustainable investing strategy. Chief Financial Officer of SP, Ms Loong Hui Chee, said, “This Green Financing Framework is central to SP Group’s commitment to advance clean energy transition, build sustainable infrastructure and foster innovation to enable a low carbon economy. We are pleased to partner DBS, OCBC Bank and UOB to secure our maiden green loan facilities. We look forward to working with like-minded financiers to support Singapore’s efforts to build a green finance ecosystem.” Mr Lim Wee Seng, Group Head of Energy, Chemicals and Infrastructure, DBS Institutional Banking Group, said, “As Southeast Asia’s largest bank, DBS plays a significant role in financing positive change and using our expertise and sector knowledge to support leading energy companies like SP Group, in achieving their sustainable development goals. In our on-going commitment to sustainability, DBS financed about SGD 597 million of renewable and clean energy-related projects last year. We continue to see tremendous growth potential in sustainable finance with more companies exploring ways to create positive impact and as stakeholders place greater responsibility on corporates to drive both profit and purpose-driven agendas.” 1 The Framework and Second Party Opinion is available at: https://www.spgroup.com.sg/about-us/investor-relations 2 Green Bond Principles 2018 by the International Capital Market Association; Green Loan Principles 2020 by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association; ASEAN Green Bond Standards 2018 by the ASEAN Capital Markets Forum. OCBC Bank’s head of Global Corporate Banking, Ms Elaine Lam, said, “We are pleased to support our long-time customer SP Group to drive the clean energy transition and contribute to the building of sustainable cities. Their Green Financing Framework, which we are pleased to have codeveloped, enables them to tap on green loans to fund projects that can create positive change. We look forward to partnering on more sustainable finance deals with SP Group in the future.” Mr Leong Yung Chee, Head of Group Corporate Banking, UOB said, “At UOB, we understand how important sustainability is to our client’s business model and take an active role in supporting their transition towards a low carbon future as they ramp up their sustainability strategies. We are pleased to deepen our existing relationship with Singapore’s biggest utilities group, from our partnership on UOB’s Utilities Marketplace3, to being a provider of the company’s first green loan. Our latest green loan exemplifies our commitment to helping our clients grow responsibly and demonstrates our efforts in building more sustainable and liveable cities.” More information on SP’s Green Financing Framework can be accessed at https://www.spgroup.com.sg/about-us/investor-relations. 3 Please refer to UOB news release: “UOB charges ahead with Singapore’s first online utility marketplace to help customers save on their monthly bills”, 6 May 2019. -Ends- About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable energy solutions such as cooling and heating systems for business districts and residential townships, electric vehicle fast charging and green digital energy management tools for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About DBS DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. About OCBC Bank OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 480 branches and representative offices in 19 countries and regions. These include over 230 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 70 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the bestin-class products to meet its clients’ goals. OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia. For more information, please visit www.ocbc.com. About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030. My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably. Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability SP Group Partners CJ Olivenetworks Vina Co. To Expand Vietnam Rooftop Solar Portfoliohttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Partners-Cj-Olivenetworks-Vina-Co.-To-Expand-Vietnam-Rooftop-Solar-Portfolio Media Release SP Group Partners CJ Olivenetworks Vina Co. To Expand Vietnam Rooftop Solar Portfolio The partnership targets to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years Partnership secures its first project to install and operate 2.5MWp of rooftop solar for CJ Vina Agri Singapore, Vietnam, March 28th, 2022 — SP Group (SP) and CJ OliveNetworks Vina Co. (CJ ONS) today announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr Phat Nguyen, Managing Director of Vietnam, SP Group, Mr Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr Nam Ki Don, General Director, CJ Vina Agri. gri. Through this partnership, SP and CJ ONS will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS’ affiliates and other commercial and industrial customers in Vietnam. CJ ONS will take on the engineering, procurement, and construction (EPC) functions for all joint solar projects with SP. The partnership supports Vietnam’s green ambitions to achieve carbon emission neutrality by 2050, and target to double the country’s existing wind and solar power generation capacity by 2030.1 CJ Vina Agri, a subsidiary of South Korea's CJ Group, specialises in the production of high-quality livestock, poultry, and aquaculture feed. The deployment of 2.5MWp of rooftop solar solutions for CJ Vina Agri’s manufacturing plant marks the company’s first large-scale injection of solar power into its energy mix. The rooftop solar solution is expected to be operational by June 2022 and can deliver up to 3,577 Megawatt-hour (MWh) of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and will avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road. Mr. Jang Myung Soo, CEO of CJ ONS, said, “We are honoured to partner with SP to support Vietnam’s roadmap towards a cleaner, greener energy mix. SP's sustainable energy solutions will be pivotal in enhancing energy-efficient plant operations for manufacturing facilities across all sectors and scales. We look forward to collaborating with SP to accelerate the renewable energy sector and meet growing demand in the industry by leveraging upon our combined strengths, network, expertise, and experience.” 1Source: Vietnam targeting carbon emission neutrality by 2050, minister says | Reuters Mr. Brandon Chia, Managing Director, Southeast Asia & Australia, SP Group, said, “This partnership with CJ ONS is a significant milestone that will enhance market access to our range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam. Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and to empower the country’s green energy transition for a carbon-neutral future.” This partnership is aligned with SP’s ambitions to leverage its capabilities in sustainable energy and digital solutions to create value-added solutions for its customers in Vietnam and establish SP’s position as a leading sustainable energy solutions player in the Asia Pacific. ### About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About CJ Olivenetworks Vina Co. Since its foundation in 1995, CJ OliveNetworks has achieved utmost customer satisfaction and value via the successful offering of lifestyle-based IT services such as manufacturing, distribution, logistics and media, leveraging steady growth of the company with customer trust and support. Based on numerous experiences and capabilities accumulated from building and providing IT systems and services, CJ OliveNetworks answers to needs of the market by leading the development of new technologies which corresponds to the latest IT trends including open source, big data, Internet of things(IoT), cloud computing, security, and many others. CJ OliveNetworks promises to grow into a global ICT company through consistent challenges and innovations. We also provide an end-to-end energy solution to our clients, delivering clean energy for the long term with zero effort from customers while ensuring significant savings. Our in-house design and engineering team ensures a best-in-a-class solar solution tailored to client needs and local Vietnam requirements. [20220329] Media Release - SP and CJ ONS Partnershiphttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/dbc59a4f-1e6a-4fe0-be77-14392f44b58c/%5B20220329%5D+Media+Release+-+SP+and+CJ+ONS+Partnership.pdf?MOD=AJPERES&CVID= SP GROUP PARTNERS CJ OLIVENETWORKS VINA CO. TO EXPAND VIETNAM ROOFTOP SOLAR PORTFOLIO • The partnership targets to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years • Partnership secures its first project to install and operate 2.5MWp of rooftop solar for CJ Vina Agri Singapore, Vietnam, March 28 th , 2022 — SP Group (SP) and CJ OliveNetworks Vina Co. (CJ ONS) today announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr Phat Nguyen, Managing Director of Vietnam, SP Group, Mr Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr Nam Ki Don, General Director, CJ Vina Agri. Through this partnership, SP and CJ ONS will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS’ affiliates and other commercial and industrial customers in Vietnam. CJ ONS will take on the engineering, procurement, and construction (EPC) functions for all joint solar projects with SP. The partnership supports Vietnam’s green ambitions to achieve carbon emission neutrality by 2050, and target to double the country’s existing wind and solar power generation capacity by 2030. 1 CJ Vina Agri, a subsidiary of South Korea's CJ Group, specialises in the production of high-quality livestock, poultry, and aquaculture feed. The deployment of 2.5MWp of rooftop solar solutions for CJ Vina Agri’s manufacturing plant marks the company’s first large-scale injection of solar power into its energy mix. The rooftop solar solution is expected to be operational by June 2022 and can deliver up to 3,577 Megawatt-hour (MWh) of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and will avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road. Mr. Jang Myung Soo, CEO of CJ ONS, said, “We are honoured to partner with SP to support Vietnam’s roadmap towards a cleaner, greener energy mix. SP's sustainable energy solutions will be pivotal in enhancing energy-efficient plant operations for manufacturing facilities across all sectors and scales. We look forward to collaborating with SP to accelerate the renewable energy sector and meet growing demand in the industry by leveraging upon our combined strengths, network, expertise, and experience.” 1 Source: Vietnam targeting carbon emission neutrality by 2050, minister says | Reuters Mr. Brandon Chia, Managing Director, Southeast Asia & Australia, SP Group, said, “This partnership with CJ ONS is a significant milestone that will enhance market access to our range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam. Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and to empower the country’s green energy transition for a carbon-neutral future.” This partnership is aligned with SP’s ambitions to leverage its capabilities in sustainable energy and digital solutions to create value-added solutions for its customers in Vietnam and establish SP’s position as a leading sustainable energy solutions player in the Asia Pacific. ### About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About CJ Olivenetworks Vina Co. Since its foundation in 1995, CJ OliveNetworks has achieved utmost customer satisfaction and value via the successful offering of lifestyle-based IT services such as manufacturing, distribution, logistics and media, leveraging steady growth of the company with customer trust and support. Based on numerous experiences and capabilities accumulated from building and providing IT systems and services, CJ OliveNetworks answers to needs of the market by leading the development of new technologies which corresponds to the latest IT trends including open source, big data, Internet of things(IoT), cloud computing, security, and many others. CJ OliveNetworks promises to grow into a global ICT company through consistent challenges and innovations. We also provide an end-to-end energy solution to our clients, delivering clean energy for the long term with zero effort from customers while ensuring significant savings. Our in-house design and engineering team ensures a best-in-a-class solar solution tailored to client needs and local Vietnam requirements. [20201105] The Business Times Online - CapitaLand, SP Group and Sembcorp to explore green data centreshttps://www.spgroup.com.sg/dam/jcr:7f38cca9-bf70-4ebb-8ce4-740f024dec2a COMPANIES & MARKETS CapitaLand, SP Group and Sembcorp to explore green data centres � THU, NOV 05, 2020 - 8:52 AM RACHEL MUI � rachmui@sph.com.sg � @RachelMuiBT The study will initially focus on developing solutions to power CapitaLand's agship data centre at 9 Tai Seng Drive with green energy. PHOTO: CAPITALAND CAPITALAND, SP Group and Sembcorp Industries have tied up to jointly study the use of integrated energy solutions to power data centres. The integrated energy solutions will potentially include a combination of solar photovoltaic, green hydrogen and energy storage among others, the companies said on Thursday. These will be further enhanced with smart technologies to increase energy e ciency and e ectiveness, they added. The study covered under a memorandum of understanding inked among the parties will initially focus on developing solutions to power CapitaLand's agship data centre at 9 Tai Seng Drive with green energy. Results from the feasibility study expected in the second half of next year could potentially bene t other data centres in Singapore, the companies noted. Said Kelvin Fong, CapitaLand's managing director, data centre: "CapitaLand is partnering SP and Sembcorp to further enhance the sustainability of our data centres to support the growth of a clean digital economy. "The ability to leverage smart energy solutions and tap renewable energy sources at our data centres will extend CapitaLand's competitive advantage within the data centre industry while meeting our commitments towards global sustainability." The latest collaboration is the rst under SP's energy partnership programme, which aims to "help corporates meet their green ambitions and overcome energy-related business challenges using integrated energy solutions", the companies said. Research and testing will be done at SP's concept lab. Chuah Kee Heng, SP's chief executive o cer of sustainable energy solutions, said the group will provide "expertise and a conducive environment to help corporates solve their energy challenges and contribute to a low carbon, smart energy Singapore". Meanwhile, one of the targeted outcomes for Sembcorp in this partnership is to determine how green hydrogen fuel cell technologies can be most e ciently deployed in Singapore to reduce the carbon footprint of data centres, the companies noted. Said Lim Yeow Keong, Sembcorp's senior vice-president for Singapore and South-east Asia (energy): "A key goal of this project is to nd the most e cient way to lower the carbon footprint of data centres without compromising their operational resilience. With growing demand for data centres, nding carbon e cient solutions to power them is key to enable a sustainable future." CapitaLand shares closed at S$2.56 on Wednesday, down S$0.01 or 0.4 per cent, while Sembcorp shares nished at S$1.64, down S$0.02 or 1.2 per cent. BT is now on Telegram! For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes CAPITALAND SP GROUP SEMBCORP INDUSTRIES DATA CENTRES [20201105] The Straits Times Online - CapitaLand, SP Group and Sembcorp to explore green data centreshttps://www.spgroup.com.sg/dam/jcr:70df20c8-17e4-461a-977f-9254919fe2c4 THE STRAITS TIMES CapitaLand, SP Group and Sembcorp to explore green data centres CapitaLand's flagship data centre at 9 Tai Seng Drive. PHOTO: CAPITALAND PUBLISHED 1 HOUR AGO SINGAPORE (THE BUSINESS TIMES) - CapitaLand, SP Group and Sembcorp Industries have tied up to jointly study the use of integrated energy solutions to power data centres. The integrated energy solutions will potentially include a combination of solar photovoltaic, green hydrogen and energy storage among others, the companies said on Thursday (Nov 5). These will be further enhanced with smart technologies to increase energy efficiency and effectiveness, they added. The study covered under a memorandum of understanding inked among the parties will initially focus on developing solutions to power CapitaLand's flagship data centre at 9 Tai Seng Drive with green energy. Results from the feasibility study expected in the second half of next year could potentially benefit other data centres in Singapore, the companies noted. Said Kelvin Fong, CapitaLand's managing director, data centre: "CapitaLand is partnering SP and Sembcorp to further enhance the sustainability of our data centres to support the growth of a clean digital economy. "The ability to leverage smart energy solutions and tap renewable energy sources at our data centres will extend CapitaLand's competitive advantage within the data centre industry while meeting our commitments towards global sustainability." The latest collaboration is the first under SP's energy partnership programme, which aims to "help corporates meet their green ambitions and overcome energy-related business challenges using integrated energy solutions", the companies said. Research and testing will be done at SP's concept lab. Chuah Kee Heng, SP's chief executive officer of sustainable energy solutions, said the group will provide "expertise and a conducive environment to help corporates solve their energy challenges and contribute to a low carbon, smart energy Singapore". Meanwhile, one of the targeted outcomes for Sembcorp in this partnership is to determine how green hydrogen fuel cell technologies can be most efficiently deployed in Singapore to reduce the carbon footprint of data centres, the companies noted. Said Lim Yeow Keong, Sembcorp's senior vice-president for Singapore and South-east Asia (energy): "A key goal of this project is to find the most efficient way to lower the carbon footprint of data centres without compromising their operational resilience. With growing demand for data centres, finding carbon efficient solutions to power them is key to enable a sustainable future." CapitaLand shares closed at $2.56 on Wednesday, down one cent or 0.4 per cent, while Sembcorp shares finished at $1.64, down two cents or 1.2 per cent. SP Group to Invest and Build 90-Megawatt Aquavoltaic Farm in Shandong, Chinahttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-to-Invest-and-Build-90-Megawatt-Aquavoltaic-Farm--in-Shandong--China Media Release SP Group to Invest and Build 90-Megawatt Aquavoltaic Farm in Shandong, China China and Singapore, 23 May 2024 – SP Group (SP) is partnering Qingdao Daneng Environmental Protection Equipment Co. Ltd. (‘Qingda Environment’), a leading local provider of environmental technology solutions, to invest and build a 90-Megawatt (MW) aquavoltaic farm. The project will be connected with a hydrogen production facility to sustainably power Shandong’s first green hydrogen production plant in Qingdao City. At an investment value of over S$76 million (RMB 400 million), the project will deploy solar photovoltaic (PV) panels across 300 acres (around the size of 161 soccer fields) of an aquafarm and is on track to be connected to the grid by the end of the year. It is projected to produce 162 million kilowatt-hour of green electricity annually, while reducing carbon emissions by 160,000 tons. Combining solar power generation with aquaculture enables land use optimisation and unlocks symbiotic benefits such as reducing evaporation rates at the water surface and ecosystem restoration. The operational model will incorporate renewable energy generation, grid integration, demand-side management, and energy storage. This energy management system will maximise efficiency and energy utilisation rate through balancing demand and supply across the entire green energy generation value chain. “There is a growing need for green energy solutions as China's industrial sector embarks on a green energy transformation. This presents unique challenges and resourcing needs in each region. Leveraging our technical expertise and investment resources, SP Group welcomes the opportunity to work alongside leading industry peers such as Qingda Environment to further explore innovative applications of renewable energy, to accelerate China’s overall energy transition,” said Michael Zhong, Managing Director, China, SP Group. Upon completion, the project will supply solar power to Shandong’s first green hydrogen production plant. This will support the development of green hydrogen as a clean energy source in Shandong, advancing the province’s decarbonisation and clean energy transition. SP has a total of 1.3 Gigawatt of solar projects secured in China, with a solar investment footprint across 18 provinces and municipalities, targeting commercial estates and industrial parks. We have adopted a versatile investment approach on projects in China, ranging from greenfield developments to acquisitions. Our capabilities encompass PV installations, including utility scale solar farms, ground-distributed and rooftop systems, as well as solutions designed for on-site consumption and demand-side energy storage. These projects specifically target regions with substantial commercial and industrial electricity needs, including Shandong, Guangdong, Jiangsu, and Zhejiang. About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China, Thailand and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at spgrp.sg/facebook, LinkedIn at spgrp.sg/linkedin and Instagram at spgrp.sg/Instagram. Huawei and SP Mobility unveil ultra-fast EV charging, integrating battery energy storage for high-power charging at locations with power limitationshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Huawei-and-SP-Mobility-unveil-ultra-fast-EV-charging Media Release Huawei and SP Mobility unveil ultra-fast EV charging, integrating battery energy storage for high-power charging at locations with power limitations SINGAPORE, 6 February 2026 – Huawei and SP Mobility have launched Singapore’s first ultra‑fast electric vehicle (EV) charging enabled with battery energy storage system (BESS), at Temasek Polytechnic. This marks a key step in strengthening Singapore’s public charging infrastructure. The launch event was officiated by Mr Baey Yam Keng, Minister of State, Ministry of Culture, Community and Youth & Ministry of Transport, and Mayor for North East District. The newly commissioned site integrates Huawei’s latest liquid‑cooled ultra‑fast direct current technology with a battery energy storage system. The BESS stores electricity when the charger is not in use, and discharges it back during EV charging, reducing demand on the grid, enabling faster and more reliable charging. The charger has a maximum power rating of 480kW, placing it among the highest rated capacity public chargers available in Singapore today. At this site, it is configured to operate at 400kW in line with on-site power availability, with actual charging speed determined by each vehicle’s compatibility. During high-power charging, the BESS provides supplemental buffering to support charging performance. It can add up to 200km of range in around five minutes for compatible vehicles, significantly reducing charging time to support the charging needs of commercial fleets, including electric heavy goods vehicles, and other high-mileage drivers. This complements SP Mobility’s partnership with Goldbell Group to support the electrification of commercial and heavy vehicles in Singapore. The integration enhances site feasibility and provides a future-fit model for deploying advanced chargers in urban locations where existing electrical infrastructure is unable to support high-charging loads. This enables safe, reliable high-power charging without extensive infrastructure upgrades – addressing practical implementation challenges as Singapore’s public network continues to expand. This deployment introduces SP Mobility’s fastest high-speed EV public chargers to date. It improves access to high‑performance charging in the eastern region for everyday EV drivers, high-usage fleets and electric heavy goods vehicles. It builds on the 2025 collaboration between SP Mobility, Huawei and EVe, reinforcing the partners’ shared commitment to support Singapore’s EV transition with accessible and high‑performance public charging solutions. Through this collaboration, Temasek Polytechnic (TP) becomes the first non-residential location in the eastern region to offer ultra-fast EV charging. This will provide convenient access for drivers and fleet operators with strong connectivity to the wider road network via nearby major expressways. Beyond supporting the wider EV ecosystem, the deployment also strengthens TP’s applied learning and workforce development efforts. Since November 2024, TP has trained close to 140 working adults in EV safety and maintenance through Continuing Education and Training (CET) programmes, while the Pre-employment Training (PET) students pursue Green Transportation and Storage as part of their Engineering diplomas, both leading to National EV Specialist Safety Certification. Mr Maxi Wang, CEO of Huawei International, emphasised the strategic importance of this launch: "As a global leader in liquid-cooled ultra-fast charging technology with a strong track record of advanced deployments worldwide, Huawei is proud to partner with SP Mobility with EVe’s support. This site is a game-changer; it demonstrates that we are prepared to scale up ultra-fast deployments across the island to meet Singapore’s surging demand for EVs. We are not only providing the best-in-class solution to residents but also ensuring that our infrastructure aligns seamlessly with the nation’s 2040 EV vision. We want to empower Charge Point Operators (CPOs) with highly reliable and scalable solutions that create real commercial value, and we invite more partners to join us in building a greener, more connected Singapore." Mr Dean Cher, Managing Director of SP Mobility: “These new charger reflect SP Mobility’s focus on building a high‑performance, reliable and future‑ready charging network. As our fastest public chargers to date, it offer more efficient charging for drivers, especially those with higher daily mileage. It is a welcome addition to the SP Mobility network, which is the largest fast-charging network in Singapore. Together with our valued partners, we will continue driving advancements in fast‑charging accessibility to support Singapore’s evolving e‑mobility landscape.” Ms. Stephanie Tan, CEO of EV-Electric (EVe): “EVe is delighted to bring together technology experts and EV charging operators to deliver this ultra-fast charging infrastructure for Singapore. We will continue to orchestrate more of these partnerships to build a future ready public charging network to support a growing EV population in Singapore.” Mr. Patrice Choong, Principal and CEO of Temasek Polytechnic: “Temasek Polytechnic is proud to partner SP Mobility and Huawei to host Singapore’s first liquid-cooled ultra-fast EV charging station. As a future-ready institution, TP is committed to supporting the accelerated adoption of EVs by developing a skilled, future-ready workforce. The introduction of advanced charging facilities on campus also provides learners with hands-on exposure to next-generation EV technologies. Beyond the campus, TP is also strengthening global industry exposure in EV technology with Shenzhen Polytechnic University. Through meaningful collaborations, TP aims to build the talent and capabilities needed to support the Singapore Green Plan 2030 and advance a sustainable, resilient land transport ecosystem." According to Land Transport Authority (LTA), electric vehicles accounted for nearly half of all new car registrations in Singapore in 2025, reflecting a robust growth in adoption. As more drivers transition to EVs, the availability of faster and more convenient charging becomes increasingly important. High‑speed chargers help enable this shift by reducing charging times and supporting the needs of both public and commercial users across Singapore’s growing e‑mobility ecosystem. About Huawei Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 208,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; provide diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalized for people in all aspects of their life, whether they're at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on: http://www.linkedin.com/company/Huawei http://www.twitter.com/Huawei http://www.facebook.com/Huawei http://www.youtube.com/Huawei About Huawei Digital Power Technologies Co., Ltd. Huawei Digital Power Technologies Co., Ltd. (Huawei Digital Power for short) is a leading global provider of digital power products and solutions. We are committed to integrating digital and power electronics technologies, developing clean power, and enabling energy digitalization to drive energy revolution for a better, greener future. In the clean power generation sector, we help create new power systems that primarily rely on renewable energy. In the green ICT power infrastructure sector, we help build green, low-carbon, and intelligent data centers and communications networks. In the green transportation sector, we redefine consumer driving and safety experiences in electric vehicles, accelerating transportation electrification. Huawei Digital Power continues innovating through open collaboration with global partners to promote carbon neutrality. For more information, please visit Huawei online at https://digitalpower.huawei.com/en/ or follow us on: https://www.youtube.com/@huaweidigitalpower610 About SP Group SP Group is a leading utilities provider in Asia Pacific, empowering the future of energy through low-carbon, smart solutions. It owns and operates electricity and gas transmission and distribution networks in Singapore and Australia. As Singapore’s national grid operator, SP Group serves approximately 1.7 million industrial, commercial, and residential customers with world-class transmission, distribution, and market support services. Beyond traditional utilities, SP Group delivers integrated sustainable energy solutions across Singapore, China, Thailand, and Vietnam. These solutions include district cooling and heating, renewable energy, EV charging infrastructure, and digital energy platforms tailored for districts, communities, and commercial and industrial customers. For more information, please visit spgroup.com.sg or follow us on Facebook, LinkedIn and Instagram. About EVe: EVe is all about Empowering Journeys. As a subsidiary of the Land Transport Authority (LTA), EVe works with Electric Vehicle Charging Point Operators (EVCOs) and the authorities to orchestrate the roll-out of Singapore’s largest public EV charging network. Ensuring that #EVeryone who needs it is able to power their green vehicle #EVerywhere, #EVeryday, #EVerytime. Let us empower your journey, and follow us on our Facebook, LinkedIn and Instagram. [20200904] The Business Times - SP Group steps up regional 'green' gamehttps://www.spgroup.com.sg/dam/jcr:f81a482b-007a-4fea-b4a6-7769ee64732d 2 | TOP STORIES The Business Times | Friday, September 4, 2020 SP Group steps up regional ‘green’ game National utility is pinning its hopes on sustainable energy solutions division set up less than a year ago; it is undeterred by pandemic-led fall in energy demand By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore Mr Huang says: “SP is not just a power grid company. This (green solutions) is what we want to do. We want to help create a low-carbon smart energy Singapore and then export the solution overseas and become a regional champion.” BT PHOTO: GIN TAY SINGAPORE’s national utility SP Group expects to post a 5-10 per cent decline from the S$1 billion it earned in net profit after tax (NPAT) last year owing to widespread shutdowns to combat the Covid-19 pandemic that hurt demand from energy-guzzling businesses, said its head honcho. “For big businesses, the drop in their (electricity) demand was the biggest in the history of the company (in terms of volume). Demand from this segment has always been there – worst case, maybe it has risen by half a per cent in the past,” said SP’s group chief executive Stanley Huang in an interview with The Business Times. Mr Huang, who was the utility company’s chief financial officer since 2015, took over the reins of Singapore’s utility giant in July from Wong Kim Yin, who was tapped for the top job at another Temasek Holdingslinked firm, Sembcorp Industries. According to data from the Energy Market Authority (EMA), overall electricity demand in May plunged 11 per cent from a year ago as a result of the enhanced “circuit breaker” measures. Businesses and households make up 85 per cent and 15 per cent respectively of the proportion of total electricity consumption in the city-state. Notwithstanding the drop in demand, Mr Huang said the profit impact won’t be material, partly due to some cost savings as a lot of activities were held back by the shutdown. In the bigger scheme of things, the expected decline in the bottom line is in line with the group’s annual profit variance of between 3 and 9 per cent in recent years. SP Group has made an average NPAT of S$980.5 million over the past five years. For the financial year ended March 2020, NPAT rose nearly 4 per cent to S$1.02 billion while the firm’s asset base stood at S$20 billion – up S$425 million – from a year ago. The utility group reported a revenue of S$4.2 billion, 4 per cent lower than the previous year. A bulk or 80 per cent of bottomline is driven by the traditional “breadand-butter” business – operating the national grid and providing market services such as billing and meter reading for 1.6 million households and businesses here. The overseas segment, chiefly Down Under where SP owns stakes in firms which distribute electricity and gas in New South Wales, Queensland, Victoria and the Australian Capital Territory, accounted for 20 per cent of profit, according to Mr Huang. The utility giant has now set its heart on becoming a regional power player by expanding its low-carbon, smart energy agenda at its home base and abroad. “Currently, our overseas portfolio is less than 5 per cent of our business. Ten years from now, while the Singapore market should still be a major component, it should be around 50-60 per cent,” he said. SP’s regional hopes, for now, involve Australia and China, where it already has a presence, and Vietnam and Indonesia. In Singapore, SP has been operating the world’s largest underground cooling network in Marina Bay since 2006 and has invested around S$250 million in the plant. According to Mr Huang, the buildings in the area save up to 40 per cent of energy needs. Indeed, cooling is one of the fastest growing uses of electricity. In the citystate, air-conditioning makes up half of a commercial building’s energy consumption. But apart from commercial buildings, the utility is eyeing greenfield projects in HDBs and campuses too; it already provides centralised cooling to some 100 blocks in Singapore’s Tengah housing estate. SP is pinning its hopes on its sustainable energy soluti`ons division that was set up less than a year ago to raise its green game. Mr Huang remarked: “Our intent is to grow this third pillar of our business by 10 times in 10 years.” Steady steps have already been made. Staff strength under this unit has grown from 50 to 200, albeit a far cry from its labour-intensive core business of grid operations and market services which employ over 3,000. Unsurprisingly, China – the world’s leader in sustainable investment – is at the front and centre of its overseas goals. On Monday, SP inked an agreement with Sino-Singapore Guangzhou Knowledge City Investment and Development Co (GKC) – a joint venture between CapitaLand and the Guangzhou Development District Administrative Committee – to develop district cooling, heating and integrated energy solutions. This marks SP’s second foray in China, the first one being Raffles City in Chongqing where SP has been operating a cooling and heating system since September 2019 which has cut energy consumption by 40 per cent. In Vietnam, SP is hoping to be a first mover and has set up an office in Ho Chi Minh City to court sustainable energy solutions projects. Mr Huang remarked: “We finally nailed it down. SP is not just a power grid company. This (green solutions) is what we want to do. We want to help create a low-carbon smart energy Singapore and then export the solution overseas and become a regional champion.” On Singapore’s Open Electricity Market (OEM), Mr Huang said one of two households have switched out of SP – the incumbent – to one of the 12 electricity retailers and reckoned that the switch rates are unlikely to swing by much from current levels. “That’s my best guess,” he added. Based on EMA data, as at March this year, the switch rate stood at 46 per cent. As for SP’s wholesale electricity price (WEP) product, because the utility had not marketed the plan which offers to power up households at attractive rates, he said the awareness was “quite low” and that it has drawn “very little traction” apart from the group’s employees. 1 2 3 4 5 ..... 41 HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobilityhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/HSBC-ASSET-MANAGEMENT-ENERGY-TRANSITION-INFRASTRUCTURE--ETI--TEAM-INVESTS-IN-A-STRATEGIC-STAKE-IN-SP-MOBILITY Joint Media Release HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobility Singapore, 11 February 2025 – HSBC Asset Management (“HSBC AM”) today announces an investment1 by its Energy Transition Infrastructure (“ETI”) team in SP Mobility, an SP Group company and a leading Electric Vehicle (EV) Charging Point Operator in Singapore. SP Mobility has been at the forefront of developing Singapore’s EV charging infrastructure since 2018 and currently operates the nation’s largest high-speed EV charging network. As a market leader in Singapore, SP Mobility boasts a strong track record and is well-positioned to rapidly expand its operations, reinforcing its pivotal role in the evolving EV landscape. With Singapore experiencing one of the highest EV adoption rates in Southeast Asia — over a third of new car registrations in 20242 — SP Mobility is set to support the growing demand for electric transport. This investment marks a strategic partnership between HSBC AM and SP Mobility, that combines HSBC AM’s expertise in growing infrastructure platforms in Asia Pacific with SP Mobility’s leading position in Singapore’s EV charging market. Together, both parties aim to amplify SP Mobility’s EV charging network and deliver an enhanced service offering for EV drivers. This collaboration will leverage HSBC AM’s experience in transition infrastructure to explore opportunities for inorganic growth and accelerate expansion for SP Mobility’s suite of EV charging solutions. Paul Rhodes, Head of Energy Transition Infrastructure, Asia Pacific, HSBC Asset Management, said: “We are delighted to announce our investment in SP Mobility, which is in line with our mid-market, value-added, direct equity strategy as well as our focus on developed Asia Pacific markets. Singapore’s EV market is one of the fastest growing segments in the region and we see great growth potential in this area. This investment allows us to provide our investors with access to a new generation of asset classes that support the energy transition in the region.” S. Harsha, Managing Director for Sustainable Energy Solutions, SP Group, remarked: “HSBC AM's investment validates SP’s vision to pioneer Singapore’s first large-scale public EV charging network, supporting the nation’s green mobility efforts. We believe that strategic collaborations are essential for driving growth, community engagement and adoption in the EV industry, and we are excited to partner with HSBC AM in this transformational collaboration to deliver greater value to our customers and provide them with a larger network of EV chargers.” HSBC AM ETI’s investment in SP Mobility aims to support SP Mobility’s mission to scale up its EV charging infrastructure and enable green electrification through public and private sector collaborations. In 2024, SP Mobility achieved several milestones, including partnering SingHealth to progressively rollout 300 EV charging points – the largest deployment in the public healthcare cluster – and working with Pyxis on electric vessel charging and EV Connection in Malaysia on cross-border collaboration. This is HSBC AM ETI’s second portfolio company under its Asia Pacific-focused, mid-market, value-added energy transition infrastructure strategy, following an investment in Tekoma Energy, a developed Asia renewable energy p

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Search [16012017] Electricity saving plan from SWCDC is expandedhttps://www.spgroup.com.sg/dam/jcr:42e8e14c-5ec1-4ff3-b1ac-c08ca6117933 Source: Lianhe Zaobao © Singapore Press Holdings Limited. Permission required for reproduction. �� Average-Gas-Consumption--kWH-_Aug-24-to-Jul-25.xlsxhttps://www.spgroup.com.sg/dam/spgroup/docs/our-services/utilities/tariff-information/Average-Gas-Consumption--kWH-_Aug-24-to-Jul-25.xlsx Consumption_Gas Average consumption of Gas (kWh) Premises Types Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 HDB 1-Room 35 35 34 35 34 34 39 36 39 35 36 31 HDB 2-Room 36 36 34 35 35 35 37 35 38 37 36 33 HDB 3-Room 51 51 49 50 49 49 51 49 52 50 50 47 HDB 4-Room 62 63 61 62 60 60 63 62 65 62 62 58 HDB 5-Room 69 70 68 69 66 65 70 70 72 68 68 64 HDB Executive 72 74 72 73 69 68 75 74 77 73 72 69 Apartment 82 86 88 88 85 84 92 93 95 87 84 76 Terrace 98 105 107 108 108 99 108 107 107 103 105 96 Semi-Detached 115 120 117 120 117 115 124 121 123 117 120 116 Bungalow 185 198 206 202 179 195 192 202 205 195 186 188 Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability Searchhttps://www.spgroup.com.sg/search?tag=growing-greener Search Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/growing-greener-and-cooler-outdoors SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Growing Greener and Cooler Outdoors SUSTAINABILITY Photo: NDP 2018 Exco Powering Singapore’s birthday celebrations comes with a greener and cooler upgrade. Back for a second year, SP Group and ST Engineering have an improved outdoor cooling solution at the National Day Parade 2018, to help spectators beat the heat. The system will cool sections seating beneficiaries with special needs, such as those in wheelchairs. These spectators can enjoy the parade, performances and festivities in cool comfort outdoors, through this made-in-Singapore innovation. This year’s improved version has direct individualised air outlets with adjustable louvers that uniformly distributes cold air as low as 22 degrees celsius throughout the area. It has also been designed to blend into the seating area to optimise space and avoid obstructing spectators’ view. "It's a brilliant idea that is cooling everyone. It's helping all the spectators here, making them so comfortable. I was here last year and this makes it a world of difference." — Suresh Vanaz "This is my first NDP, and when I arrived, I was surprised to find this cooling solution at my seat. It certainly makes it a more comfortable and enjoyable experience." — Theresa Lee Building on SP’s underground district cooling network at Marina Bay, this solution also consumes 90 per cent less energy than conventional air-conditioning for the same cooling capacity. — 6 August 2018 TAGS SUSTAINABILITYOUTDOOR COOLINGDISTRICT COOLING YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobilityhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/HSBC-ASSET-MANAGEMENT-ENERGY-TRANSITION-INFRASTRUCTURE--ETI--TEAM-INVESTS-IN-A-STRATEGIC-STAKE-IN-SP-MOBILITY Joint Media Release HSBC Asset Management Energy Transition Infrastructure (ETI) Team Invests in a Strategic Stake in SP Mobility Singapore, 11 February 2025 – HSBC Asset Management (“HSBC AM”) today announces an investment1 by its Energy Transition Infrastructure (“ETI”) team in SP Mobility, an SP Group company and a leading Electric Vehicle (EV) Charging Point Operator in Singapore. SP Mobility has been at the forefront of developing Singapore’s EV charging infrastructure since 2018 and currently operates the nation’s largest high-speed EV charging network. As a market leader in Singapore, SP Mobility boasts a strong track record and is well-positioned to rapidly expand its operations, reinforcing its pivotal role in the evolving EV landscape. With Singapore experiencing one of the highest EV adoption rates in Southeast Asia — over a third of new car registrations in 20242 — SP Mobility is set to support the growing demand for electric transport. This investment marks a strategic partnership between HSBC AM and SP Mobility, that combines HSBC AM’s expertise in growing infrastructure platforms in Asia Pacific with SP Mobility’s leading position in Singapore’s EV charging market. Together, both parties aim to amplify SP Mobility’s EV charging network and deliver an enhanced service offering for EV drivers. This collaboration will leverage HSBC AM’s experience in transition infrastructure to explore opportunities for inorganic growth and accelerate expansion for SP Mobility’s suite of EV charging solutions. Paul Rhodes, Head of Energy Transition Infrastructure, Asia Pacific, HSBC Asset Management, said: “We are delighted to announce our investment in SP Mobility, which is in line with our mid-market, value-added, direct equity strategy as well as our focus on developed Asia Pacific markets. Singapore’s EV market is one of the fastest growing segments in the region and we see great growth potential in this area. This investment allows us to provide our investors with access to a new generation of asset classes that support the energy transition in the region.” S. Harsha, Managing Director for Sustainable Energy Solutions, SP Group, remarked: “HSBC AM's investment validates SP’s vision to pioneer Singapore’s first large-scale public EV charging network, supporting the nation’s green mobility efforts. We believe that strategic collaborations are essential for driving growth, community engagement and adoption in the EV industry, and we are excited to partner with HSBC AM in this transformational collaboration to deliver greater value to our customers and provide them with a larger network of EV chargers.” HSBC AM ETI’s investment in SP Mobility aims to support SP Mobility’s mission to scale up its EV charging infrastructure and enable green electrification through public and private sector collaborations. In 2024, SP Mobility achieved several milestones, including partnering SingHealth to progressively rollout 300 EV charging points – the largest deployment in the public healthcare cluster – and working with Pyxis on electric vessel charging and EV Connection in Malaysia on cross-border collaboration. This is HSBC AM ETI’s second portfolio company under its Asia Pacific-focused, mid-market, value-added energy transition infrastructure strategy, following an investment in Tekoma Energy, a developed Asia renewable energy platform, headquartered in Tokyo. [20210422] Media Release - SP Group launches green financing frameworkhttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/babb2a20-2a6d-48c4-9d46-620e1475222d/SP+Group+launches+Green+Financing+Framework+-+Press+Release.pdf?MOD=AJPERES&CVID= Joint Media Release SP GROUP LAUNCHES GREEN FINANCING FRAMEWORK Company also secures S$100 million in green loan facilities from DBS, OCBC Bank and UOB Singapore, 22 April 2021 – SP Group (SP) has established a Green Financing Framework 1 in a move that deepens the integration of its sustainability ambition into its financing strategy. SP has also secured its maiden green loan facilities of S$100 million from DBS, OCBC Bank and UOB on a bilateral basis. Under the Framework, SP and its subsidiaries will be able to issue green financing instruments to finance and/or refinance eligible green projects in four categories: clean transportation, energy efficiency projects, renewable energy and green buildings. The Framework will also govern the use and management of the green loan facilities from DBS, OCBC Bank and UOB. The Framework is credible, impactful and aligned with the relevant international principles and guidelines 2 , as established in findings by Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm. The firm was engaged to provide a second party opinion on the Framework. With the Framework in place, investors and lenders will now have greater visibility of the use of proceeds and the positive environmental impact of SP’s investments in sustainable energy solutions and projects that are funded by green financing instruments. This will help investors and lenders identify and fund investments and projects aligned with their sustainable investing strategy. Chief Financial Officer of SP, Ms Loong Hui Chee, said, “This Green Financing Framework is central to SP Group’s commitment to advance clean energy transition, build sustainable infrastructure and foster innovation to enable a low carbon economy. We are pleased to partner DBS, OCBC Bank and UOB to secure our maiden green loan facilities. We look forward to working with like-minded financiers to support Singapore’s efforts to build a green finance ecosystem.” Mr Lim Wee Seng, Group Head of Energy, Chemicals and Infrastructure, DBS Institutional Banking Group, said, “As Southeast Asia’s largest bank, DBS plays a significant role in financing positive change and using our expertise and sector knowledge to support leading energy companies like SP Group, in achieving their sustainable development goals. In our on-going commitment to sustainability, DBS financed about SGD 597 million of renewable and clean energy-related projects last year. We continue to see tremendous growth potential in sustainable finance with more companies exploring ways to create positive impact and as stakeholders place greater responsibility on corporates to drive both profit and purpose-driven agendas.” 1 The Framework and Second Party Opinion is available at: https://www.spgroup.com.sg/about-us/investor-relations 2 Green Bond Principles 2018 by the International Capital Market Association; Green Loan Principles 2020 by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association; ASEAN Green Bond Standards 2018 by the ASEAN Capital Markets Forum. OCBC Bank’s head of Global Corporate Banking, Ms Elaine Lam, said, “We are pleased to support our long-time customer SP Group to drive the clean energy transition and contribute to the building of sustainable cities. Their Green Financing Framework, which we are pleased to have codeveloped, enables them to tap on green loans to fund projects that can create positive change. We look forward to partnering on more sustainable finance deals with SP Group in the future.” Mr Leong Yung Chee, Head of Group Corporate Banking, UOB said, “At UOB, we understand how important sustainability is to our client’s business model and take an active role in supporting their transition towards a low carbon future as they ramp up their sustainability strategies. We are pleased to deepen our existing relationship with Singapore’s biggest utilities group, from our partnership on UOB’s Utilities Marketplace 3 , to being a provider of the company’s first green loan. Our latest green loan exemplifies our commitment to helping our clients grow responsibly and demonstrates our efforts in building more sustainable and liveable cities.” More information on SP’s Green Financing Framework can be accessed at https://www.spgroup.com.sg/about-us/investor-relations. -Ends- 3 Please refer to UOB news release: “UOB charges ahead with Singapore’s first online utility marketplace to help customers save on their monthly bills”, 6 May 2019. About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable energy solutions such as cooling and heating systems for business districts and residential townships, electric vehicle fast charging and green digital energy management tools for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About DBS DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. About OCBC Bank OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 480 branches and representative offices in 19 countries and regions. These include over 230 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 70 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the bestin-class products to meet its clients’ goals. OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia. For more information, please visit www.ocbc.com. About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education. SP Group Launches Green Financing Frameworkhttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Launches-Green-Financing-Framework Media Release SP Group Launches Green Financing Framework Singapore, 22 April 2021 – SP Group (SP) has established a Green Financing Framework1 in a move that deepens the integration of its sustainability ambition into its financing strategy. SP has also secured its maiden green loan facilities of S$100 million from DBS, OCBC Bank and UOB on a bilateral basis. Under the Framework, SP and its subsidiaries will be able to issue green financing instruments to finance and/or refinance eligible green projects in four categories: clean transportation, energy efficiency projects, renewable energy and green buildings. The Framework will also govern the use and management of the green loan facilities from DBS, OCBC Bank and UOB. The Framework is credible, impactful and aligned with the relevant international principles and guidelines2 , as established in findings by Sustainalytics, an independent ESG and corporate governance research, ratings and analysis firm. The firm was engaged to provide a second party opinion on the Framework. With the Framework in place, investors and lenders will now have greater visibility of the use of proceeds and the positive environmental impact of SP’s investments in sustainable energy solutions and projects that are funded by green financing instruments. This will help investors and lenders identify and fund investments and projects aligned with their sustainable investing strategy. Chief Financial Officer of SP, Ms Loong Hui Chee, said, “This Green Financing Framework is central to SP Group’s commitment to advance clean energy transition, build sustainable infrastructure and foster innovation to enable a low carbon economy. We are pleased to partner DBS, OCBC Bank and UOB to secure our maiden green loan facilities. We look forward to working with like-minded financiers to support Singapore’s efforts to build a green finance ecosystem.” Mr Lim Wee Seng, Group Head of Energy, Chemicals and Infrastructure, DBS Institutional Banking Group, said, “As Southeast Asia’s largest bank, DBS plays a significant role in financing positive change and using our expertise and sector knowledge to support leading energy companies like SP Group, in achieving their sustainable development goals. In our on-going commitment to sustainability, DBS financed about SGD 597 million of renewable and clean energy-related projects last year. We continue to see tremendous growth potential in sustainable finance with more companies exploring ways to create positive impact and as stakeholders place greater responsibility on corporates to drive both profit and purpose-driven agendas.” 1 The Framework and Second Party Opinion is available at: https://www.spgroup.com.sg/about-us/investor-relations 2 Green Bond Principles 2018 by the International Capital Market Association; Green Loan Principles 2020 by the Loan Market Association, Asia Pacific Loan Market Association and Loan Syndications and Trading Association; ASEAN Green Bond Standards 2018 by the ASEAN Capital Markets Forum. OCBC Bank’s head of Global Corporate Banking, Ms Elaine Lam, said, “We are pleased to support our long-time customer SP Group to drive the clean energy transition and contribute to the building of sustainable cities. Their Green Financing Framework, which we are pleased to have codeveloped, enables them to tap on green loans to fund projects that can create positive change. We look forward to partnering on more sustainable finance deals with SP Group in the future.” Mr Leong Yung Chee, Head of Group Corporate Banking, UOB said, “At UOB, we understand how important sustainability is to our client’s business model and take an active role in supporting their transition towards a low carbon future as they ramp up their sustainability strategies. We are pleased to deepen our existing relationship with Singapore’s biggest utilities group, from our partnership on UOB’s Utilities Marketplace3, to being a provider of the company’s first green loan. Our latest green loan exemplifies our commitment to helping our clients grow responsibly and demonstrates our efforts in building more sustainable and liveable cities.” More information on SP’s Green Financing Framework can be accessed at https://www.spgroup.com.sg/about-us/investor-relations. 3 Please refer to UOB news release: “UOB charges ahead with Singapore’s first online utility marketplace to help customers save on their monthly bills”, 6 May 2019. -Ends- About SP Group SP Group is a leading utilities group in the Asia Pacific, enabling a low-carbon, smart energy future for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable energy solutions such as cooling and heating systems for business districts and residential townships, electric vehicle fast charging and green digital energy management tools for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About DBS DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 12 consecutive years from 2009 to 2020. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com. About OCBC Bank OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC Bank is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC Bank and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC Bank’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 480 branches and representative offices in 19 countries and regions. These include over 230 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 70 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC Bank’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the bestin-class products to meet its clients’ goals. OCBC Bank's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia. For more information, please visit www.ocbc.com. About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education Sustainabilityhttps://www.spgroup.com.sg/about-us/media-resources/energy-hub/sustainability/green-your-electricity-consumption-for-a-cleaner-and-healthier-world SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Green your electricity consumption for a cleaner and healthier world SUSTAINABILITY So, you want to live greener, and in a way that makes a difference to the world we live in. You want to know that your lifestyle choices can make a positive impact – and you need to be able to do it affordably. SP Group’s newly launched My Green Credits™ may just be the answer. My Green Credits, a new feature on the SP Utilities app, lets you purchase “green credits” from local and overseas renewable energy projects to counter the carbon emissions from your electricity consumption. Here are three reasons why you should consider greening your electricity consumption with My Green Credits: 1) Reduce your carbon footprint, your way With My Green Credits, you get to decide how much of your energy consumption you want to green. Simply click on the “My Green Credits” feature on the SP Utilities app, select the renewable energy project, then purchase the amount of “green credits”[1] in the form of Renewable Energy Certificates (RECs). RECs are internationally-recognised instruments that validate the amount of green energy produced from renewable energy sources. When you purchase green credits in the form of RECs, the amount of energy you choose to green is matched by an equivalent amount of energy produced at a verified and credible renewable energy source. You can also view the approximate reduction in your carbon emissions as a result of the purchase. This means you can measure your actual contribution towards lowering carbon emissions. Click here to find out how RECs work. 2) Help generate demand for renewable energy When you purchase RECs, you are creating demand for renewable energy. You are also sending a clear signal to the market that you care about where your energy comes from. We’ve seen a growing demand for RECs from companies seeking to reduce their carbon footprint and prioritise their sustainability goals. Studies have shown that more people are buying RECs and supporting the growth of renewable energy projects. With more green energy generated, our reliance on fossil fuels will decrease as a result. Now Singapore households can do the same, and play their part in creating a low carbon, smart energy Singapore by purchasing My Green Credits. 3) Support local and global green energy projects With My Green Credits, you can choose to purchase RECs from local or international renewable energy projects. In Singapore, the government has announced that we are on track to ramp up solar capacity by more than seven times in the next decade. The increased capacity will produce enough solar energy to power up 350,000 households annually[2] by 2030. My Green Credits also lets you purchase RECs from green projects beyond Singapore’s borders. This spurs more renewable energy generation to surface globally and brings about social benefits such as job creation and infrastructure development to local communities. A low carbon future is critical – and SP is committed to making it happen and empowering everyone to do the same. With My Green Credits, anyone with a utilities account in Singapore can make a difference, conveniently and affordably. Purchase My Green Credits on the SP Utilities App here. [1] The cost of purchasing My Green Credits is in addition to electricity bill charges. [2] https://www.straitstimes.com/singapore/environment/solar-panels-on-rooftops-or-floating-on-water-may-be-a-common-sight-soon TAGS MY GREEN CREDITSSUSTAINABILITYRECS YOU MIGHT BE INTERESTED TO READ SP Group expands sustainable energy operations in China with Chongqing Transport Hub project win STMicroelectronics enhances sustainability with chiller cooling system at Toa Payoh SP signs PPA with BASF for rooftop solar deployment Category: Sustainability SP Group Partners CJ Olivenetworks Vina Co. To Expand Vietnam Rooftop Solar Portfoliohttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Partners-Cj-Olivenetworks-Vina-Co.-To-Expand-Vietnam-Rooftop-Solar-Portfolio Media Release SP Group Partners CJ Olivenetworks Vina Co. To Expand Vietnam Rooftop Solar Portfolio The partnership targets to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years Partnership secures its first project to install and operate 2.5MWp of rooftop solar for CJ Vina Agri Singapore, Vietnam, March 28th, 2022 — SP Group (SP) and CJ OliveNetworks Vina Co. (CJ ONS) today announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr Phat Nguyen, Managing Director of Vietnam, SP Group, Mr Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr Nam Ki Don, General Director, CJ Vina Agri. gri. Through this partnership, SP and CJ ONS will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS’ affiliates and other commercial and industrial customers in Vietnam. CJ ONS will take on the engineering, procurement, and construction (EPC) functions for all joint solar projects with SP. The partnership supports Vietnam’s green ambitions to achieve carbon emission neutrality by 2050, and target to double the country’s existing wind and solar power generation capacity by 2030.1 CJ Vina Agri, a subsidiary of South Korea's CJ Group, specialises in the production of high-quality livestock, poultry, and aquaculture feed. The deployment of 2.5MWp of rooftop solar solutions for CJ Vina Agri’s manufacturing plant marks the company’s first large-scale injection of solar power into its energy mix. The rooftop solar solution is expected to be operational by June 2022 and can deliver up to 3,577 Megawatt-hour (MWh) of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and will avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road. Mr. Jang Myung Soo, CEO of CJ ONS, said, “We are honoured to partner with SP to support Vietnam’s roadmap towards a cleaner, greener energy mix. SP's sustainable energy solutions will be pivotal in enhancing energy-efficient plant operations for manufacturing facilities across all sectors and scales. We look forward to collaborating with SP to accelerate the renewable energy sector and meet growing demand in the industry by leveraging upon our combined strengths, network, expertise, and experience.” 1Source: Vietnam targeting carbon emission neutrality by 2050, minister says | Reuters Mr. Brandon Chia, Managing Director, Southeast Asia & Australia, SP Group, said, “This partnership with CJ ONS is a significant milestone that will enhance market access to our range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam. Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and to empower the country’s green energy transition for a carbon-neutral future.” This partnership is aligned with SP’s ambitions to leverage its capabilities in sustainable energy and digital solutions to create value-added solutions for its customers in Vietnam and establish SP’s position as a leading sustainable energy solutions player in the Asia Pacific. ### About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About CJ Olivenetworks Vina Co. Since its foundation in 1995, CJ OliveNetworks has achieved utmost customer satisfaction and value via the successful offering of lifestyle-based IT services such as manufacturing, distribution, logistics and media, leveraging steady growth of the company with customer trust and support. Based on numerous experiences and capabilities accumulated from building and providing IT systems and services, CJ OliveNetworks answers to needs of the market by leading the development of new technologies which corresponds to the latest IT trends including open source, big data, Internet of things(IoT), cloud computing, security, and many others. CJ OliveNetworks promises to grow into a global ICT company through consistent challenges and innovations. We also provide an end-to-end energy solution to our clients, delivering clean energy for the long term with zero effort from customers while ensuring significant savings. Our in-house design and engineering team ensures a best-in-a-class solar solution tailored to client needs and local Vietnam requirements. [20220329] Media Release - SP and CJ ONS Partnershiphttps://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/dbc59a4f-1e6a-4fe0-be77-14392f44b58c/%5B20220329%5D+Media+Release+-+SP+and+CJ+ONS+Partnership.pdf?MOD=AJPERES&CVID= SP GROUP PARTNERS CJ OLIVENETWORKS VINA CO. TO EXPAND VIETNAM ROOFTOP SOLAR PORTFOLIO • The partnership targets to develop up to 50MWp of rooftop solar projects across Vietnam over the next two years • Partnership secures its first project to install and operate 2.5MWp of rooftop solar for CJ Vina Agri Singapore, Vietnam, March 28 th , 2022 — SP Group (SP) and CJ OliveNetworks Vina Co. (CJ ONS) today announced a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. SP, a leading utilities group and sustainable energy solutions provider in Singapore and the Asia Pacific, and CJ ONS, a subsidiary of South Korea's CJ OliveNetworks in Vietnam, signed a memorandum of understanding (MOU) to jointly invest, build, and develop up to 50 Megawatt-peak (MWp) of rooftop solar projects across Vietnam over the next two years. The partnership has secured its first project to install and operate 2.5MWp of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant by June 2022. The agreements were signed by Mr Phat Nguyen, Managing Director of Vietnam, SP Group, Mr Jang Myung Soo, Chief Executive Officer, CJ ONS, and Mr Nam Ki Don, General Director, CJ Vina Agri. Through this partnership, SP and CJ ONS will combine their expertise, experience and resources in sustainable energy solutions to explore solar projects for CJ ONS’ affiliates and other commercial and industrial customers in Vietnam. CJ ONS will take on the engineering, procurement, and construction (EPC) functions for all joint solar projects with SP. The partnership supports Vietnam’s green ambitions to achieve carbon emission neutrality by 2050, and target to double the country’s existing wind and solar power generation capacity by 2030. 1 CJ Vina Agri, a subsidiary of South Korea's CJ Group, specialises in the production of high-quality livestock, poultry, and aquaculture feed. The deployment of 2.5MWp of rooftop solar solutions for CJ Vina Agri’s manufacturing plant marks the company’s first large-scale injection of solar power into its energy mix. The rooftop solar solution is expected to be operational by June 2022 and can deliver up to 3,577 Megawatt-hour (MWh) of electricity annually. It will effectively provide 20 per cent of electricity consumed by the facility at peak load and will avoid carbon emissions of more than 3,500 tons annually, equivalent to taking approximately 1,100 cars off the road. Mr. Jang Myung Soo, CEO of CJ ONS, said, “We are honoured to partner with SP to support Vietnam’s roadmap towards a cleaner, greener energy mix. SP's sustainable energy solutions will be pivotal in enhancing energy-efficient plant operations for manufacturing facilities across all sectors and scales. We look forward to collaborating with SP to accelerate the renewable energy sector and meet growing demand in the industry by leveraging upon our combined strengths, network, expertise, and experience.” 1 Source: Vietnam targeting carbon emission neutrality by 2050, minister says | Reuters Mr. Brandon Chia, Managing Director, Southeast Asia & Australia, SP Group, said, “This partnership with CJ ONS is a significant milestone that will enhance market access to our range of renewable energy solutions and accelerate the decarbonisation of the industrial and manufacturing sector in Vietnam. Our goal is to enable the sustainable transformation of our local customers by increasing the share of renewables in both energy production and consumption for their facilities. Together with our digital and sustainable energy solutions expertise, we aim to continue growing our sustainability footprint in Vietnam and to empower the country’s green energy transition for a carbon-neutral future.” This partnership is aligned with SP’s ambitions to leverage its capabilities in sustainable energy and digital solutions to create value-added solutions for its customers in Vietnam and establish SP’s position as a leading sustainable energy solutions player in the Asia Pacific. ### About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with lowcarbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. About CJ Olivenetworks Vina Co. Since its foundation in 1995, CJ OliveNetworks has achieved utmost customer satisfaction and value via the successful offering of lifestyle-based IT services such as manufacturing, distribution, logistics and media, leveraging steady growth of the company with customer trust and support. Based on numerous experiences and capabilities accumulated from building and providing IT systems and services, CJ OliveNetworks answers to needs of the market by leading the development of new technologies which corresponds to the latest IT trends including open source, big data, Internet of things(IoT), cloud computing, security, and many others. CJ OliveNetworks promises to grow into a global ICT company through consistent challenges and innovations. We also provide an end-to-end energy solution to our clients, delivering clean energy for the long term with zero effort from customers while ensuring significant savings. Our in-house design and engineering team ensures a best-in-a-class solar solution tailored to client needs and local Vietnam requirements. [20201105] The Business Times Online - CapitaLand, SP Group and Sembcorp to explore green data centreshttps://www.spgroup.com.sg/dam/jcr:7f38cca9-bf70-4ebb-8ce4-740f024dec2a COMPANIES & MARKETS CapitaLand, SP Group and Sembcorp to explore green data centres � THU, NOV 05, 2020 - 8:52 AM RACHEL MUI � rachmui@sph.com.sg � @RachelMuiBT The study will initially focus on developing solutions to power CapitaLand's agship data centre at 9 Tai Seng Drive with green energy. PHOTO: CAPITALAND CAPITALAND, SP Group and Sembcorp Industries have tied up to jointly study the use of integrated energy solutions to power data centres. The integrated energy solutions will potentially include a combination of solar photovoltaic, green hydrogen and energy storage among others, the companies said on Thursday. These will be further enhanced with smart technologies to increase energy e ciency and e ectiveness, they added. The study covered under a memorandum of understanding inked among the parties will initially focus on developing solutions to power CapitaLand's agship data centre at 9 Tai Seng Drive with green energy. Results from the feasibility study expected in the second half of next year could potentially bene t other data centres in Singapore, the companies noted. Said Kelvin Fong, CapitaLand's managing director, data centre: "CapitaLand is partnering SP and Sembcorp to further enhance the sustainability of our data centres to support the growth of a clean digital economy. "The ability to leverage smart energy solutions and tap renewable energy sources at our data centres will extend CapitaLand's competitive advantage within the data centre industry while meeting our commitments towards global sustainability." The latest collaboration is the rst under SP's energy partnership programme, which aims to "help corporates meet their green ambitions and overcome energy-related business challenges using integrated energy solutions", the companies said. Research and testing will be done at SP's concept lab. Chuah Kee Heng, SP's chief executive o cer of sustainable energy solutions, said the group will provide "expertise and a conducive environment to help corporates solve their energy challenges and contribute to a low carbon, smart energy Singapore". Meanwhile, one of the targeted outcomes for Sembcorp in this partnership is to determine how green hydrogen fuel cell technologies can be most e ciently deployed in Singapore to reduce the carbon footprint of data centres, the companies noted. Said Lim Yeow Keong, Sembcorp's senior vice-president for Singapore and South-east Asia (energy): "A key goal of this project is to nd the most e cient way to lower the carbon footprint of data centres without compromising their operational resilience. With growing demand for data centres, nding carbon e cient solutions to power them is key to enable a sustainable future." CapitaLand shares closed at S$2.56 on Wednesday, down S$0.01 or 0.4 per cent, while Sembcorp shares nished at S$1.64, down S$0.02 or 1.2 per cent. BT is now on Telegram! For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes CAPITALAND SP GROUP SEMBCORP INDUSTRIES DATA CENTRES [20201105] The Straits Times Online - CapitaLand, SP Group and Sembcorp to explore green data centreshttps://www.spgroup.com.sg/dam/jcr:70df20c8-17e4-461a-977f-9254919fe2c4 THE STRAITS TIMES CapitaLand, SP Group and Sembcorp to explore green data centres CapitaLand's flagship data centre at 9 Tai Seng Drive. PHOTO: CAPITALAND PUBLISHED 1 HOUR AGO SINGAPORE (THE BUSINESS TIMES) - CapitaLand, SP Group and Sembcorp Industries have tied up to jointly study the use of integrated energy solutions to power data centres. The integrated energy solutions will potentially include a combination of solar photovoltaic, green hydrogen and energy storage among others, the companies said on Thursday (Nov 5). These will be further enhanced with smart technologies to increase energy efficiency and effectiveness, they added. The study covered under a memorandum of understanding inked among the parties will initially focus on developing solutions to power CapitaLand's flagship data centre at 9 Tai Seng Drive with green energy. Results from the feasibility study expected in the second half of next year could potentially benefit other data centres in Singapore, the companies noted. Said Kelvin Fong, CapitaLand's managing director, data centre: "CapitaLand is partnering SP and Sembcorp to further enhance the sustainability of our data centres to support the growth of a clean digital economy. "The ability to leverage smart energy solutions and tap renewable energy sources at our data centres will extend CapitaLand's competitive advantage within the data centre industry while meeting our commitments towards global sustainability." The latest collaboration is the first under SP's energy partnership programme, which aims to "help corporates meet their green ambitions and overcome energy-related business challenges using integrated energy solutions", the companies said. Research and testing will be done at SP's concept lab. Chuah Kee Heng, SP's chief executive officer of sustainable energy solutions, said the group will provide "expertise and a conducive environment to help corporates solve their energy challenges and contribute to a low carbon, smart energy Singapore". Meanwhile, one of the targeted outcomes for Sembcorp in this partnership is to determine how green hydrogen fuel cell technologies can be most efficiently deployed in Singapore to reduce the carbon footprint of data centres, the companies noted. Said Lim Yeow Keong, Sembcorp's senior vice-president for Singapore and South-east Asia (energy): "A key goal of this project is to find the most efficient way to lower the carbon footprint of data centres without compromising their operational resilience. With growing demand for data centres, finding carbon efficient solutions to power them is key to enable a sustainable future." CapitaLand shares closed at $2.56 on Wednesday, down one cent or 0.4 per cent, while Sembcorp shares finished at $1.64, down two cents or 1.2 per cent. SP Group to Invest and Build 90-Megawatt Aquavoltaic Farm in Shandong, Chinahttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-to-Invest-and-Build-90-Megawatt-Aquavoltaic-Farm--in-Shandong--China Media Release SP Group to Invest and Build 90-Megawatt Aquavoltaic Farm in Shandong, China China and Singapore, 23 May 2024 – SP Group (SP) is partnering Qingdao Daneng Environmental Protection Equipment Co. Ltd. (‘Qingda Environment’), a leading local provider of environmental technology solutions, to invest and build a 90-Megawatt (MW) aquavoltaic farm. The project will be connected with a hydrogen production facility to sustainably power Shandong’s first green hydrogen production plant in Qingdao City. At an investment value of over S$76 million (RMB 400 million), the project will deploy solar photovoltaic (PV) panels across 300 acres (around the size of 161 soccer fields) of an aquafarm and is on track to be connected to the grid by the end of the year. It is projected to produce 162 million kilowatt-hour of green electricity annually, while reducing carbon emissions by 160,000 tons. Combining solar power generation with aquaculture enables land use optimisation and unlocks symbiotic benefits such as reducing evaporation rates at the water surface and ecosystem restoration. The operational model will incorporate renewable energy generation, grid integration, demand-side management, and energy storage. This energy management system will maximise efficiency and energy utilisation rate through balancing demand and supply across the entire green energy generation value chain. “There is a growing need for green energy solutions as China's industrial sector embarks on a green energy transformation. This presents unique challenges and resourcing needs in each region. Leveraging our technical expertise and investment resources, SP Group welcomes the opportunity to work alongside leading industry peers such as Qingda Environment to further explore innovative applications of renewable energy, to accelerate China’s overall energy transition,” said Michael Zhong, Managing Director, China, SP Group. Upon completion, the project will supply solar power to Shandong’s first green hydrogen production plant. This will support the development of green hydrogen as a clean energy source in Shandong, advancing the province’s decarbonisation and clean energy transition. SP has a total of 1.3 Gigawatt of solar projects secured in China, with a solar investment footprint across 18 provinces and municipalities, targeting commercial estates and industrial parks. We have adopted a versatile investment approach on projects in China, ranging from greenfield developments to acquisitions. Our capabilities encompass PV installations, including utility scale solar farms, ground-distributed and rooftop systems, as well as solutions designed for on-site consumption and demand-side energy storage. These projects specifically target regions with substantial commercial and industrial electricity needs, including Shandong, Guangdong, Jiangsu, and Zhejiang. About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, as well as sustainable energy solutions in Singapore, China, Thailand and Vietnam. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective worldwide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast-charging stations and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or follow us on Facebook at spgrp.sg/facebook, LinkedIn at spgrp.sg/linkedin and Instagram at spgrp.sg/Instagram. Huawei and SP Mobility unveil ultra-fast EV charging, integrating battery energy storage for high-power charging at locations with power limitationshttps://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Huawei-and-SP-Mobility-unveil-ultra-fast-EV-charging Media Release Huawei and SP Mobility unveil ultra-fast EV charging, integrating battery energy storage for high-power charging at locations with power limitations SINGAPORE, 6 February 2026 – Huawei and SP Mobility have launched Singapore’s first ultra‑fast electric vehicle (EV) charging enabled with battery energy storage system (BESS), at Temasek Polytechnic. This marks a key step in strengthening Singapore’s public charging infrastructure. The launch event was officiated by Mr Baey Yam Keng, Minister of State, Ministry of Culture, Community and Youth & Ministry of Transport, and Mayor for North East District. The newly commissioned site integrates Huawei’s latest liquid‑cooled ultra‑fast direct current technology with a battery energy storage system. The BESS stores electricity when the charger is not in use, and discharges it back during EV charging, reducing demand on the grid, enabling faster and more reliable charging. The charger has a maximum power rating of 480kW, placing it among the highest rated capacity public chargers available in Singapore today. At this site, it is configured to operate at 400kW in line with on-site power availability, with actual charging speed determined by each vehicle’s compatibility. During high-power charging, the BESS provides supplemental buffering to support charging performance. It can add up to 200km of range in around five minutes for compatible vehicles, significantly reducing charging time to support the charging needs of commercial fleets, including electric heavy goods vehicles, and other high-mileage drivers. This complements SP Mobility’s partnership with Goldbell Group to support the electrification of commercial and heavy vehicles in Singapore. The integration enhances site feasibility and provides a future-fit model for deploying advanced chargers in urban locations where existing electrical infrastructure is unable to support high-charging loads. This enables safe, reliable high-power charging without extensive infrastructure upgrades – addressing practical implementation challenges as Singapore’s public network continues to expand. This deployment introduces SP Mobility’s fastest high-speed EV public chargers to date. It improves access to high‑performance charging in the eastern region for everyday EV drivers, high-usage fleets and electric heavy goods vehicles. It builds on the 2025 collaboration between SP Mobility, Huawei and EVe, reinforcing the partners’ shared commitment to support Singapore’s EV transition with accessible and high‑performance public charging solutions. Through this collaboration, Temasek Polytechnic (TP) becomes the first non-residential location in the eastern region to offer ultra-fast EV charging. This will provide convenient access for drivers and fleet operators with strong connectivity to the wider road network via nearby major expressways. Beyond supporting the wider EV ecosystem, the deployment also strengthens TP’s applied learning and workforce development efforts. Since November 2024, TP has trained close to 140 working adults in EV safety and maintenance through Continuing Education and Training (CET) programmes, while the Pre-employment Training (PET) students pursue Green Transportation and Storage as part of their Engineering diplomas, both leading to National EV Specialist Safety Certification. Mr Maxi Wang, CEO of Huawei International, emphasised the strategic importance of this launch: "As a global leader in liquid-cooled ultra-fast charging technology with a strong track record of advanced deployments worldwide, Huawei is proud to partner with SP Mobility with EVe’s support. This site is a game-changer; it demonstrates that we are prepared to scale up ultra-fast deployments across the island to meet Singapore’s surging demand for EVs. We are not only providing the best-in-class solution to residents but also ensuring that our infrastructure aligns seamlessly with the nation’s 2040 EV vision. We want to empower Charge Point Operators (CPOs) with highly reliable and scalable solutions that create real commercial value, and we invite more partners to join us in building a greener, more connected Singapore." Mr Dean Cher, Managing Director of SP Mobility: “These new charger reflect SP Mobility’s focus on building a high‑performance, reliable and future‑ready charging network. As our fastest public chargers to date, it offer more efficient charging for drivers, especially those with higher daily mileage. It is a welcome addition to the SP Mobility network, which is the largest fast-charging network in Singapore. Together with our valued partners, we will continue driving advancements in fast‑charging accessibility to support Singapore’s evolving e‑mobility landscape.” Ms. Stephanie Tan, CEO of EV-Electric (EVe): “EVe is delighted to bring together technology experts and EV charging operators to deliver this ultra-fast charging infrastructure for Singapore. We will continue to orchestrate more of these partnerships to build a future ready public charging network to support a growing EV population in Singapore.” Mr. Patrice Choong, Principal and CEO of Temasek Polytechnic: “Temasek Polytechnic is proud to partner SP Mobility and Huawei to host Singapore’s first liquid-cooled ultra-fast EV charging station. As a future-ready institution, TP is committed to supporting the accelerated adoption of EVs by developing a skilled, future-ready workforce. The introduction of advanced charging facilities on campus also provides learners with hands-on exposure to next-generation EV technologies. Beyond the campus, TP is also strengthening global industry exposure in EV technology with Shenzhen Polytechnic University. Through meaningful collaborations, TP aims to build the talent and capabilities needed to support the Singapore Green Plan 2030 and advance a sustainable, resilient land transport ecosystem." According to Land Transport Authority (LTA), electric vehicles accounted for nearly half of all new car registrations in Singapore in 2025, reflecting a robust growth in adoption. As more drivers transition to EVs, the availability of faster and more convenient charging becomes increasingly important. High‑speed chargers help enable this shift by reducing charging times and supporting the needs of both public and commercial users across Singapore’s growing e‑mobility ecosystem. About Huawei Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 208,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; provide diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalized for people in all aspects of their life, whether they're at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on: http://www.linkedin.com/company/Huawei http://www.twitter.com/Huawei http://www.facebook.com/Huawei http://www.youtube.com/Huawei About Huawei Digital Power Technologies Co., Ltd. Huawei Digital Power Technologies Co., Ltd. (Huawei Digital Power for short) is a leading global provider of digital power products and solutions. We are committed to integrating digital and power electronics technologies, developing clean power, and enabling energy digitalization to drive energy revolution for a better, greener future. In the clean power generation sector, we help create new power systems that primarily rely on renewable energy. In the green ICT power infrastructure sector, we help build green, low-carbon, and intelligent data centers and communications networks. In the green transportation sector, we redefine consumer driving and safety experiences in electric vehicles, accelerating transportation electrification. Huawei Digital Power continues innovating through open collaboration with global partners to promote carbon neutrality. For more information, please visit Huawei online at https://digitalpower.huawei.com/en/ or follow us on: https://www.youtube.com/@huaweidigitalpower610 About SP Group SP Group is a leading utilities provider in Asia Pacific, empowering the future of energy through low-carbon, smart solutions. It owns and operates electricity and gas transmission and distribution networks in Singapore and Australia. As Singapore’s national grid operator, SP Group serves approximately 1.7 million industrial, commercial, and residential customers with world-class transmission, distribution, and market support services. Beyond traditional utilities, SP Group delivers integrated sustainable energy solutions across Singapore, China, Thailand, and Vietnam. These solutions include district cooling and heating, renewable energy, EV charging infrastructure, and digital energy platforms tailored for districts, communities, and commercial and industrial customers. For more information, please visit spgroup.com.sg or follow us on Facebook, LinkedIn and Instagram. About EVe: EVe is all about Empowering Journeys. As a subsidiary of the Land Transport Authority (LTA), EVe works with Electric Vehicle Charging Point Operators (EVCOs) and the authorities to orchestrate the roll-out of Singapore’s largest public EV charging network. Ensuring that #EVeryone who needs it is able to power their green vehicle #EVerywhere, #EVeryday, #EVerytime. Let us empower your journey, and follow us on our Facebook, LinkedIn and Instagram. [20200904] The Business Times - SP Group steps up regional 'green' gamehttps://www.spgroup.com.sg/dam/jcr:f81a482b-007a-4fea-b4a6-7769ee64732d 2 | TOP STORIES The Business Times | Friday, September 4, 2020 SP Group steps up regional ‘green’ game National utility is pinning its hopes on sustainable energy solutions division set up less than a year ago; it is undeterred by pandemic-led fall in energy demand By Anita Gabriel anitag@sph.com.sg @AnitaGabrielBT Singapore Mr Huang says: “SP is not just a power grid company. This (green solutions) is what we want to do. We want to help create a low-carbon smart energy Singapore and then export the solution overseas and become a regional champion.” BT PHOTO: GIN TAY SINGAPORE’s national utility SP Group expects to post a 5-10 per cent decline from the S$1 billion it earned in net profit after tax (NPAT) last year owing to widespread shutdowns to combat the Covid-19 pandemic that hurt demand from energy-guzzling businesses, said its head honcho. “For big businesses, the drop in their (electricity) demand was the biggest in the history of the company (in terms of volume). Demand from this segment has always been there – worst case, maybe it has risen by half a per cent in the past,” said SP’s group chief executive Stanley Huang in an interview with The Business Times. Mr Huang, who was the utility company’s chief financial officer since 2015, took over the reins of Singapore’s utility giant in July from Wong Kim Yin, who was tapped for the top job at another Temasek Holdingslinked firm, Sembcorp Industries. According to data from the Energy Market Authority (EMA), overall electricity demand in May plunged 11 per cent from a year ago as a result of the enhanced “circuit breaker” measures. Businesses and households make up 85 per cent and 15 per cent respectively of the proportion of total electricity consumption in the city-state. Notwithstanding the drop in demand, Mr Huang said the profit impact won’t be material, partly due to some cost savings as a lot of activities were held back by the shutdown. In the bigger scheme of things, the expected decline in the bottom line is in line with the group’s annual profit variance of between 3 and 9 per cent in recent years. SP Group has made an average NPAT of S$980.5 million over the past five years. For the financial year ended March 2020, NPAT rose nearly 4 per cent to S$1.02 billion while the firm’s asset base stood at S$20 billion – up S$425 million – from a year ago. The utility group reported a revenue of S$4.2 billion, 4 per cent lower than the previous year. A bulk or 80 per cent of bottomline is driven by the traditional “breadand-butter” business – operating the national grid and providing market services such

Reliability https://www.spgroup.com.sg/about-us/media-resources/energy-hub/reliability/transforming-to-serve-you-better

SP Energy HubAnnual ReportReliabilitySustainabilityInnovation Transforming to Serve You Better RELIABILITY In providing customers greater convenience, we aim to deliver a more unified, seamless experience, bringing savings in energy, time and cost. Instrumental in making these possible are digital technologies that will power future-ready solutions. Transforming to serve customers better Singapore Power and all members of the group now serve the public as SP Group. We are transforming to serve customers better. With disruption sweeping through every industry and facet of society, we strive to meet customers’ evolving needs by innovating and building capabilities for the future. Pivotal in realising this goal is bringing our employees from different work locations together in our new premises at Kallang Sector. This enables our people to collaborate and co-create more easily, and reaps savings in property and facilities management at our own building instead of rented offices spaces. Projecting a unified identity as SP Group is also important in providing our customers a seamless, unified experience at all touch points. Our efforts are anchored on our mission to improve quality of life for individuals of all ages, families, industries and the community. Our goal is to empower customers with sustainable lifestyle solutions to meet their needs and aspirations. In fulfilling our commitment, we have upheld strong network performance that enables Singapore to enjoy world-class reliability and efficiency. We have also maintained financial discipline and governance, closing the year on 31 March 2017 with a net profit of S$948.8 million, with our Australian associates contributing S$216.4 million. Going digital to do more with less In providing customers greater convenience, we aim to deliver a more unified, seamless experience, bringing savings in energy, time and cost. Instrumental in making these possible are digital technologies that will power future-ready solutions. Our SP Utilities mobile application is centred on customers’ growing needs and changing lifestyle. Launched in March 2017, SP Utilities enables customers to make transactions on the go, get timely reminders on bill payment, track their utilities consumption and compare it with their past usage as well as that of their neighbours. Progressively, new features are being added, such as the “live” chat for customers to have their queries addressed promptly. This is supported by our one-stop Digital Contact Centre, that also attends to customers on phone calls and email. Digital applications have also transformed the way we carry out our operations. We are better able to perform real-time monitoring of assets and network performance, establish secure protocols, avert interruption and down-time, streamline processes, respond speedily to irregularities, plan efficiently, be responsive to dynamic events and optimise resources for greater productivity and reliability. Our employees have embraced new ways of working, in order to do more with less and bring greater value to customers. They are equipped with digital tools and workspaces to perform their roles and connect with each other and our customers, regardless of where they are. We have continued to build engineering talent and bench strength, with SP’s own EDGE, iGRAD and LEAP scholarships for students in tertiary, polytechnic and technical institutes, as well as incumbent professionals making the transition to higher level responsibilities and roles that have evolved with the changing landscape. In all our undertakings, we keep an unwavering focus on the safety of the public, our staff and contractors. We have strengthened contractor partnership and management programmes to reward good safety practices and encourage improvement in areas we have identified. Powering a greener future We are developing green technologies and adopting more sustainable practices in our operations. In the last year, we started our journey towards converting our service fleet to Electric Vehicles. To maintain the fleet, we have installed a robust network of charging stations at various locations in Singapore. We have also installed solar panels at our headquarters and district offices and developed storage systems to harness and deploy energy efficiently. Our experience will enable us to work with partners in the community to achieve similar sustainable outcomes. For a start, we have helped Bukit Panjang Community Club reduce electricity usage with solar panels and a real-time monitoring system at its premises. In district cooling, where customers have reported savings of up to 40 per cent in energy consumption, we have progressed beyond indoor air-conditioning in commercial buildings at the central business district. We have taken this expertise to Chongqing, China, where we are managing the district cooling system for the new Raffles City Chongqing that is run by CapitaLand. At this year’s National Day Parade, we introduced outdoor cooling facilities, tapping on the same technologies and infrastructure powered by our Singapore District Cooling. We look forward to exploring wider-scale adoption of district cooling in the community. Innovation to deliver greater value To deliver value to our customers for the long-run, it is imperative to invest in projects and partnerships that will nurture the spirit of innovation and test promising ideas. In the past year, we embarked on a collaboration with General Electric to develop Industrial Internet of Things capabilities and intelligent applications to enhance our power network reliability and efficiency. Together with seven other leading international utilities, we are driving the first global utilities accelerator programme, Free Electrons, for start-ups to develop game-changing products. We are also part of a consortium of global energy players to develop blockchain solutions aimed at helping customers achieve energy efficient results. Through the SP Centre of Excellence, we continue to invest in next-generation technologies aimed at helping customers attain a high quality, sustainable way of life. Steady growth and commitment Our journey of transformation is only possible with the right mindset, conviction and commitment to adapt and grow. I thank the Management and staff for their leadership and tireless resolve to transform to serve customers better. I am also grateful to our shareholder, business partners, staff union and regulator, for your partnership that is rooted on our mission to improve quality of life for our customers. To the members of the Board, thank you for your guidance and counsel. In line with our digital focus, I hope you enjoy this interactive review of our performance. Thank you for your support. Mohd Hassan Marican Chairman August 2017 TAGS CHAIRMAIN'S MESSAGE 2017YEAR IN REVIEW 2017 YOU MIGHT BE INTERESTED TO READ How this 'grid doctor' maintains the health of Singapore's electricity network so everything stays on Ground feedback, digital tools: How she helps 8,000 workers end their day safely Faster repairs, fewer disruptions: Meet the innovative teams using smart tech to keep your piped gas supply flowing

Category: Reliability

Singapore Polytechnic and SP Group set up idea translation lab to develop ideas into real-world, energy-saving applications https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/Singapore-Polytechnic-and-SP-Group-Set-Up-Idea-Translation-Lab

Media Release Singapore Polytechnic and SP Group set up idea translation lab to develop ideas into real-world, energy-saving applications Singapore, 3 April 2018 – Imagine a hybrid solar cone that produce more than five times the energy than a conventional solar cell. The cone uses solar-concentrating lenses to maximise energy absorption onto a solar cell. This prototype, called SCONE, is among the first to be produced by ideaBox, an idea translation lab set up by Singapore Polytechnic and SP Group. ideaBox is a platform to turn promising ideas by tertiary students and SP Group employees into sustainable energy applications in everyday life. Singapore Polytechnic students will develop the products as part of their course work and final-year projects. They will also be guided by their faculty and SP Group mentors as they build their experience in areas such as engineering, design and media. SP Group and Singapore Polytechnic will jointly test and validate all products from ideaBox. SP Group will commit $1 million over the next three years, and kickstart a slew of initiatives, such as product development and testing for commercial viability, digital literacy for SP officers and ideation competitions. Mr Wong Kim Yin, Group Chief Executive Officer of SP Group, said, “SP Group is committed to drive research and innovation that benefit consumers, helping them to save energy and cost. We strengthen our collaboration with Singapore Polytechnic by exposing their students to real-world challenges, test out new ideas and build solutions to implement the ideas. ”Partnering SP Group allows our students to work with an innovative organisation to trial and pilot emerging technologies for the fast-changing world. This seeks to pique their interest and empower them to be solution-minded so that they can translate ideas into real-world solutions”, said Mr Soh Wai Wah, Principal and Chief Executive Officer of Singapore Polytechnic. ideaBox will house and develop projects from ideation competitions. In June this year, SP Group will sponsor a national inter-polytechnic ideation competition that is organised by Singapore Polytechnic students. SP Group and Singapore Polytechnic will collaborate to develop and co-design next-gen outdoor cooling units. They will also develop electric vehicle charging units, with a view towards installing charging stations on the campus. SP Group’s bottom-up ideation journey started in 2016 with The Pitch, an intrapreneurship platform for SP Group employees to develop creative solutions. In 2017, SP Group extended the ideation outreach to tertiary students in universities, supporting the NUS-SP Group Varsity Challenge 2017 that comprised of NUS-SP Group Case Competition and Singapore Frontier Challenge. *** About Singapore Polytechnic (www.sp.edu.sg) Established in 1954, Singapore Polytechnic (SP) is Singapore’s first polytechnic. It has 10 schools that offer 46 full-time courses for close to 16,000 students. SP adopts a proven creative teaching and learning framework and offers students a holistic, authentic and industry-relevant curriculum, innovative and vibrant learning spaces, and enriching overseas programmes. The Polytechnic is committed to producing competent and versatile graduates who are also imbued with sound values, so that they can be work ready, life ready and worldready. SP has more than 195,000 graduates and among them are successful entrepreneurs, top executives in multi-national and public-listed corporations, and wellknown professionals across various industries and leaders in government. SP clinched the inaugural ASEAN People’s Award in 2015 for its contributions toward the region’s community-building efforts. SP is also the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President's Social Service Award in 2011. Follow SP on Facebook at http://www.facebook.com/singaporepolytechnic and Twitter and Instagram at @singaporepoly. 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. More than 1.4 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. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG. Annex 1 Key Projects Featured 1) Scone Project Brief Scone aims to increase renewable energy generation in Singapore significantly using a solar cone. The solar cone is a hybrid that uses solar cone and solar-concentrating lenses to maximise energy absorption onto a solar cell. This cone promises to produce more than five times the energy than a conventional solar panel. It is essentially a higher efficiency concentrator photovoltaic that aims to harness more energy per unit area. Utilising solar technology, a heat exchanger and a cone structure, the cone generates both solar and thermal energy. There is intention to implement the solar cone at the rooftop of residential units as it allows excess heat to be converted to heated water for residential usage. This technology taps on expertise from district cooling. Benefits to customers As it is expected to generate more than five times solar energy as compared to a conventional solar panel, customers using this technology can offset their consumption, thus leading to a lower utilities bill. 2) Cloud Nine Project Brief This project uses the collection of rainwater at the top of high-rise buildings to harvest gravitational potential energy as it falls from the top of the building to the ground. This is especially relevant in Singapore with a large population of tall buildings. By retrofitting these buildings with the team’s proposed mechanism – channelling the rainwater collected on rooftops down the buildings – it will generate energy through the process for storage and subsequent usage. Benefits to customers It uses the energy generated by falling rainwater as an alternate source of renewable energy generation besides solar and wind. It is suitable for countries that face land constraint like Singapore. The use of gravitational force and turbine increases the efficiency to harvest usable energy that can power up a 12-Watt LED light bulb for 21,150 hours. This could potentially translate into cost savings to residents, building management and Town Councils, possibly resulting in lower maintenance fee in the long-term. *** 3) Savez Project Brief Savez’s product is solar cell that mimics photosynthesis for organic, highly sustainable, and versatile energy use. Benefits to customers This product is sustainable, scalable and organic. It is also cost-efficient to produce. *** 4) GreenLoco Project Brief This idea is to use human movement to self-generate electricity. It focuses on crowdsourcing energy, merging piezoelectric technology, wireless power transmission as well as Singapore’s high population density. Benefits to customers This product allows customers to self-generate electricity and raise awareness of energy issues, allowing Singaporeans to contribute to the main grid. *** 5) RoadX Project Brief RoadX is a power generation and transmission solution for Singapore’s roadways. It combines the use of solar panelled, piezo-electric charging roads and roadside wind turbines with dynamic wireless charging through induction for electric vehicles. The plan to vary the usage of each component to suit local traffic conditions of roads. Benefits to customers RoadX aims to help customers reduce carbon emission and fossil fuel dependency. It also seeks to maximise Singapore’s limited land for green energy generation and encourage the uptake of electric vehicles in Singapore. Annex 2 Key Terms in Chinese

[20180403] Media Release - IdeaBox https://www.spgroup.com.sg/dam/spgroup/wcm/connect/spgrp/7233cf0f-6e75-4b9e-b28c-794190578768/%5B20180403%5D+Media+Release+-+ideaBox.pdf?MOD=AJPERES&CVID=

MEDIA RELEASE Singapore Polytechnic and SP Group set up idea translation lab to develop ideas into real-world, energy-saving applications Singapore, 3 April 2018 – Imagine a hybrid solar cone that produce more than five times the energy than a conventional solar cell. The cone uses solar-concentrating lenses to maximise energy absorption onto a solar cell. This prototype, called SCONE, is among the first to be produced by ideaBox, an idea translation lab set up by Singapore Polytechnic and SP Group. ideaBox is a platform to turn promising ideas by tertiary students and SP Group employees into sustainable energy applications in everyday life. Singapore Polytechnic students will develop the products as part of their course work and final-year projects. They will also be guided by their faculty and SP Group mentors as they build their experience in areas such as engineering, design and media. SP Group and Singapore Polytechnic will jointly test and validate all products from ideaBox. SP group will commit $1 million over the next three years, and kickstart a slew of initiatives, such as product development and testing for commercial viability, digital literacy for SP officers and ideation competitions. Mr Wong Kim Yin, Group Chief Executive Officer of SP Group, said, “SP Group is committed to drive research and innovation that benefit consumers, helping them to save energy and cost. We strengthen our collaboration with Singapore Polytechnic by exposing their students to real-world challenges, test out new ideas and build solutions to implement the ideas.” “Partnering SP Group allows our students to work with an innovative organisation to trial and pilot emerging technologies for the fast-changing world. This seeks to pique their interest and empower them to be solution-minded so that they can translate ideas into real-world solutions”, said Mr Soh Wai Wah, Principal and Chief Executive Officer of Singapore Polytechnic. ideaBox will house and develop projects from ideation competitions. In June this year, SP Group will sponsor a national inter-polytechnic ideation competition that is organised by Singapore Polytechnic students. SP Group and Singapore Polytechnic will collaborate to develop and co-design next-gen outdoor cooling units. They will also develop electric vehicle charging units, with a view towards installing charging stations on the campus. SP Group’s bottom-up ideation journey started in 2016 with The Pitch, an intrapreneurship platform for SP Group employees to develop creative solutions. In 2017, SP Group extended the ideation outreach to tertiary students in universities, supporting the NUS-SP Group Varsity Challenge 2017 that comprised of NUS-SP Group Case Competition and Singapore Frontier Challenge. *** About Singapore Polytechnic (www.sp.edu.sg) Established in 1954, Singapore Polytechnic (SP) is Singapore’s first polytechnic. It has 10 schools that offer 46 full-time courses for close to 16,000 students. SP adopts a proven creative teaching and learning framework and offers students a holistic, authentic and industry-relevant curriculum, innovative and vibrant learning spaces, and enriching overseas programmes. The Polytechnic is committed to producing competent and versatile graduates who are also imbued with sound values, so that they can be work ready, life ready and worldready. SP has more than 195,000 graduates and among them are successful entrepreneurs, top executives in multi-national and public-listed corporations, and wellknown professionals across various industries and leaders in government. SP clinched the inaugural ASEAN People’s Award in 2015 for its contributions toward the region’s community-building efforts. SP is also the first polytechnic to be awarded the President’s Award for the Environment in 2010 and the President's Social Service Award in 2011. Follow SP on Facebook at http://www.facebook.com/singaporepolytechnic and Twitter and Instagram at @singaporepoly. 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. More than 1.4 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. For more information, please visit spgroup.com.sg or follow us on Facebook at fb.com/SPGroupSG. Annex 1 Key Projects Featured 1) Scone Project Brief Scone aims to increase renewable energy generation in Singapore significantly using a solar cone. The solar cone is a hybrid that uses solar cone and solar-concentrating lenses to maximise energy absorption onto a solar cell. This cone promises to produce more than five times the energy than a conventional solar panel. It is essentially a higher efficiency concentrator photovoltaic that aims to harness more energy per unit area. Utilising solar technology, a heat exchanger and a cone structure, the cone generates both solar and thermal energy. There is intention to implement the solar cone at the rooftop of residential units as it allows excess heat to be converted to heated water for residential usage. This technology taps on expertise from district cooling. Benefits to customers As it is expected to generate more than five times solar energy as compared to a conventional solar panel, customers using this technology can offset their consumption, thus leading to a lower utilities bill. 2) Cloud Nine Project Brief This project uses the collection of rainwater at the top of high-rise buildings to harvest gravitational potential energy as it falls from the top of the building to the ground. This is especially relevant in Singapore with a large population of tall buildings. By retrofitting these buildings with the team’s proposed mechanism – channelling the rainwater collected on rooftops down the buildings – it will generate energy through the process for storage and subsequent usage. Benefits to customers It uses the energy generated by falling rainwater as an alternate source of renewable energy generation besides solar and wind. It is suitable for countries that face land constraint like Singapore. The use of gravitational force and turbine increases the efficiency to harvest usable energy that can power up a 12-Watt LED light bulb for 21,150 hours. This could potentially translate into cost savings to residents, building management and Town Councils, possibly resulting in lower maintenance fee in the long-term. *** Annex 1 (cont’d) 3) Savez Project Brief Savez’s product is solar cell that mimics photosynthesis for organic, highly sustainable, and versatile energy use. Benefits to customers This product is sustainable, scalable and organic. It is also cost-efficient to produce. *** 4) GreenLoco Project Brief This idea is to use human movement to self-generate electricity. It focuses on crowdsourcing energy, merging piezoelectric technology, wireless power transmission as well as Singapore’s high population density. Benefits to customers This product allows customers to self-generate electricity and raise awareness of energy issues, allowing Singaporeans to contribute to the main grid. *** 5) RoadX Project Brief RoadX is a power generation and transmission solution for Singapore’s roadways. It combines the use of solar panelled, piezo-electric charging roads and roadside wind turbines with dynamic wireless charging through induction for electric vehicles. The plan to vary the usage of each component to suit local traffic conditions of roads. Benefits to customers RoadX aims to help customers reduce carbon emission and fossil fuel dependency. It also seeks to maximise Singapore’s limited land for green energy generation and encourage the uptake of electric vehicles in Singapore. Annex 2 Key Terms in Chinese SP Group Singapore Polytechnic Mr Wong Kim Yin, SP Group Chief Executive Officer Mr Soh Wai Wah Principal and Chief Executive Officer, Singapore Polytechnic ideaBox 新加坡能源集团新加坡理工学院黄锦贤先生集团总裁苏卫华先生院长兼总裁创意坊

SP Group Partners Frasers Property Vietnam To Bring Integrated Smart, Clean Energy Solutions To Binh Duong Industrial Park https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-Partners-Frasers-Property-Vietnam-To-Bring-Integrated-Smart--Clean-Energy-Solutions-To-Binh-Duong-Industrial-Park

News Release SP Group Partners Frasers Property Vietnam To Bring Integrated Smart, Clean Energy Solutions To Binh Duong Industrial Park Strategic partnership will elevate sustainable industrial real estate in Vietnam Smart and clean energy initiatives will benefit industrial tenants of Binh Duong Industrial Park with greater power reliability and resilience, lower operating costs and reduced carbon footprint Ho Chi Minh & Singapore, 24 August 2023 – SP Group (SP), A leading energy utilities group and sustainable energy solutions provider in Singapore and Asia Pacific and Frasers Property Vietnam (FPV), one of Vietnam’s leading diversified property developers, have signed a Memorandum of Understanding (MoU) to jointly develop and implement integrated smart energy solutions at FPV’s Binh Duong Industrial Park (BDIP). This partnership will help the industrial park accelerate the adoption of green energy solutions, enable energy savings and carbon emissions reduction for all tenants. In the initial phase, SP will design, invest, install, operate, and maintain integrated smart energy solutions for BDIP’s Industrial Service Centre (ISC). This includes the installation of solar photovoltaics for renewable energy, digital building solutions, electric vehicle charging, and smart energy optimisation and management systems. Subsequently, SP and FPV will collaborate on a feasibility study to implement a green micro-grid for BDIP that will accelerate the clean energy transition for the industrial park, facilitate access to renewable energy and will provide greater power reliability and resilience for tenants. The 837sqm ISC will cater to the business and social requirements of all BDIP tenants with shared facilities including meeting rooms, outdoor sport & recreational facilities, F&B options, and open green spaces. To regulate the ISC’s indoor environment balancing energy efficiency with users’ thermal comfort and wellbeing, SP will deploy its suite of smart building energy management solutions – Green Energy Tech (GETTM). A key innovative solution is GETTM Control, a self-learning building intelligence system that utilises artificial intelligence (A.I.) and Internet of Things (IoT) to optimise and regulate air-conditioning based on changes in occupancy and ambient weather conditions. Expected to potentially save up to 30 per cent on cooling energy and reduce carbon emissions by close to 18 per cent, the micro-climate control system utilises sensors and smart dampers to ensure cool air is sent to where it is needed. This enhances the well-being and thermal comfort for occupants while maximising energy and operational efficiency. Mr. Brandon Chia, Managing Director, Sustainability Energy Solutions, Southeast Asia and Australia, SP Group, said, "Our collaboration with Frasers Property Vietnam underscores our goal of empowering the sustainability ambitions of industrial parks and contributing to the net-zero targets of Vietnam. Through our bespoke and integrated system of smart and sustainable energy solutions, industrial parks can seamlessly harness renewable energy sources and transition to energy-efficient operations that will enhance cost savings, carbon emission reductions, and promote productivity." Leading the MoU signing ceremony on behalf of Frasers Property, Mr. Lim Hua Tiong, CEO of Frasers Property Vietnam, said: “As a multinational real estate developer, we take a long-term view for all our projects. We want to create buildings that are durable, adaptable, and resilient to the changing environment and needs of our customers. That is why we have applied our expertise in design and masterplanning to our first industrial showcase in Vietnam, Binh Duong Industrial Park. By partnering with SP, we are adopting industry-leading energy management practices to further improve the energy efficiency and sustainability credentials of our properties.” Also present at the signing ceremony was Frasers Property’s Group Head of Sustainability, Mr. Paolo Bevilacqua, who shared: “It is heartening to see the overall efforts we are making in adopting renewable energy sources for powering our properties, which is critical if we are to decarbonise to achieve our vision of sustainable real estate. This partnership between like-minded organisations demonstrates how our net-zero carbon goal can bring tangible benefits to tenants and customers with lower operational costs and a reduced carbon footprint.” Located in one of Vietnam’s key southern economic hubs in Binh Duong province, BDIP is FPV’s first industrial park development in Vietnam well served by National Route 13 and connected to major seaports and airports in the region. BDIP sits on more than 106 hectares of land, providing high quality industrial facilities built to international standards. The industrial park is amongst one of few developments in Vietnam to be LEED (Leadership in Energy and Environmental Design) Certified, which accredits for healthy, efficient, carbon and cost-saving green buildings. BDIP is appealing to sustainability-minded tenants, with Phase 1 now at over 90 per cent occupancy. The next development phase for BDIP is now open for pre-committed tenants in both ready-built and built-to-suit configurations. Realising sustainable real estate in Vietnam As a Group, Frasers Property is committed to be a net-zero carbon corporation by 2050, encompassing Scopes 1, 2 and 3 emissions. One of Frasers Property’s sustainability goals focuses on green-certifying its owned and asset-managed properties, which is also a business commitment of Frasers Property Vietnam to achieve green certification for all buildings in its portfolio. In late 2022, Frasers Property Vietnam became the first real estate company in Vietnam to be endorsed by the Science Based Targets initiative (SBTi). It received approval from SBTi for its detailed net-zero carbon roadmaps and carbon reduction targets that help reduce greenhouse gas (GHG) emissions. As part of its SBTi plans, the company intends to progressively install rooftop solar panels, allocate renewable energy for street lighting and introduce energy- and water-efficient building equipment renewable energy across its developments. Achieving a low-carbon future for Vietnam This partnership with FPV highlights SP’s commitment to help Vietnam’s energy-intensive sectors decarbonise, and to contribute towards Vietnam’s sustainability targets through the proliferation of various sustainability energy solutions. Earlier this year, SP acquired two solar farms of 100 Megawatts-peak (MWp) in Vietnam’s Phu Yen province. The acquisition builds SP’s capability and expertise to help customers achieve 100% clean energy consumption when the Direct Power Purchase Framework in Vietnam is in place. It also demonstrates SP’s long-term commitment to be a one-stop provider of sustainable energy services that enables commercial and industrial customers to achieve their net-zero ambitions. ABOUT SP GROUP SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore, China, Vietnam and Thailand. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at spgrp.sg/facebook, LinkedIn at spgrp.sg/linkedin and Instagram at spgrp.sg/instagram. ABOUT FRASERS PROPERTY LIMITED Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore, the Group has total assets of approximately S$40.1 billion as at 31 March 2023. Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa. Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties. In Vietnam, Frasers Property has a well-diversified portfolio across asset classes. Signature commercial developments include Melinh Point, a Grade A boutique office building in Ho Chi Minh City's District 1, and modern-styled serviced-office Worc@Q2. Its industrial business spans more than 180 hectares in the north and south of Vietnam, which will eventually develop close to a million square metres of international grade and green certified facilities. Its Fraser Hospitality business maintains an active presence with Fraser Suites Hanoi and Fraser Residence Hanoi. The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture. For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn. Photo caption: From left, Mr. Nguyen Thanh Phat – SP Group’s Managing Director for Vietnam, Mr. Brandon Chia - SP Group’s Managing Director, Sustainable energy solutions (South-east Asia & Australia), Mr. Lim Hua Tiong - CEO of Frasers Property Vietnam, and Mr. Paolo Bevilacqua - Frasers Property’s Group Head of Sustainability at the MOU signing ceremony on 8 August 2023.

SP Group extends multi-year support to KidSTART Singapore with additional S$1.1 million donation to launch new learning initiative https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/SP-Group-renews-commitment-to-nurture-early-literacy-for-KidSTART-children-with-donation-of-S-1.1-million0

Media Release SP Group extends multi-year support to KidSTART Singapore with additional S$1.1 million donation to launch new learning initiative Renewed commitment to support children’s development through play-based learning SINGAPORE, 4 JANUARY 2025 – SP Group (SP) has reaffirmed its multi-year support of children benefitting from KidSTART Singapore’s programmes, with an additional S$1.1m donation this year. As a pioneer Growing Together with KidSTART initiative partner, SP has contributed a total of S$3.2 million since 2021. With this new commitment, SP’s total support will reach S$4.3 million. This longstanding collaboration will continue to empower KidSTART families as KidSTART Singapore completes its nationwide expansion by 2025. This was announced today at the launch of PowerUP Playtime by KidSTART and SP Group, officiated by Mr Masagos Zulkifli, Minister for Social and Family Development, with KidSTART families at Southside@Sentosa. At the launch, SP presented a cheque for this latest contribution to Community Chest in support of KidSTART. PowerUP Playtime integrates a play-based home learning resource kit alongside storytelling and interactive workshops to help parents foster joy in learning for children 0-6 years old. The initiative aims to foster meaningful interactions between parent and child, and amongst siblings. PowerUP Playtime will benefit all KidSTART children enrolled in 2025. Its centrepiece, the PlayFULL Pack, is a learning kit specially curated by KidSTART. The Pack consists of sensory books, imaginative toys, and craft materials, to support the cognitive, language, and motor skills development of children aged 0 to 6 years old. By enhancing parental confidence as a child’s first teachers, KidSTART families will be equipped to nurture their children’s growth and development at home. By encouraging creativity, curiosity, and play, PowerUP Playtime aims to support children’s holistic development while fuelling their imagination and skills-building. At today’s launch event, more than 1,200 KidSTART children and their families received their PlayFULL packs, while enjoying enriching activities including play-based workshops, imaginative storytelling and creative crafts, complete with a picnic dinner and an outdoor movie screening under the stars. SP’s support over the years has enabled more than 6,000 KidSTART families to access essential resources for holistic early childhood development, coupled with unique family bonding experiences. This sustained commitment has evolved from addressing fundamental needs and bridging learning challenges during the pandemic to supporting children in meeting their developmental milestones. Past initiatives include the provision of IT resources during the pandemic, supporting immersive theatre productions such as KidSTART Sea Adventures, and launching KidSTART Stories to equip families with home libraries to cultivate early literacy and good reading habits. Last year’s Green Adventures taught families about sustainability and care for the environment through outdoor learning journeys. With support from partners like SP Group to complement the work of KidSTART practitioners, KidSTART has achieved notable outcomes, with 3 in 4 KidSTART children meeting age-appropriate developmental milestones, 85 per cent of parents demonstrating an understanding of their child’s growth and learning, as well as 94 per cent of children aged 3 to 6 being enrolled in preschool, reflecting the success in ensuring early and sustained engagement in education[1]. Group CEO of SP Group, Mr Stanley Huang, said, “Having journeyed with KidSTART Singapore for several years, we have seen the expansion of programmes and growth of outreach to more children and families across the nation. The sustained impact of these programmes is evident as families acquire important foundational learning skills, enjoy quality interaction and bonding, and adopt positive lifestyle habits such as sustainability. By focusing on pivotal and well researched early childhood development areas, we help to shape the next generation of resilient and well-adjusted individuals with future-ready mindsets and capabilities.” Mr Joel Tan, CEO of KidSTART Singapore, added, “Partners like SP Group are instrumental in enabling KidSTART to create new and impactful initiatives that support KidSTART children. While practitioners impart important child development knowledge in a one-to-one setting in the homes of families, tools like the PlayFULL pack and experiences like theatre performances and outdoor learning journeys allow families to learn while enjoying fun and new experiences. It takes a village to raise a child, and we are grateful for the longstanding partnership with SP Group, and their commitment to level the playing field for children and have a good start in life. I believe that PowerUP Playtime will benefit and encourage meaningful parent-child interactions for our KidSTART families and support their children’s development through meaningful play.” KidSTART parent Mdm Fatimah, whose children are aged 3 and 5, shared, “My children were so excited when we were presented with the PlayFULL Pack. It was like a colourful box filled with various toys and materials for them. Despite the difference in my children’s ages, I can use the same items to engage my children differently. This saves me the trouble of always having to buy new toys! The event this evening was also an enjoyable time for our family to bond!” KidSTART parent Elizaberth, with children aged 2 and 5, shared, “My children have benefitted greatly from past KidSTART programmes including KidSTART Stories, where my daughters developed their love for reading. They were also grateful for the vouchers received during Children’s Day. I was therefore excited to receive the PlayFULL Pack and guide to continue our learning together. It reminded me that play for children is not just about playing with toys — it is also about allowing my children to learn new things. I used music and actions to engage and teach my daughter about different types of animals, with the sensory book in the pack. Now, my daughter can better identify animals and the sounds that they make. We have so much fun together too.” [1] Source: KidSTART Singapore Ltd’s Annual Report for Financial Year 2023

New Energy Story Exhibition to Supercharge Singapore’s Energy Future https://www.spgroup.com.sg/about-us/media-resources/news-and-media-releases/New-Energy-Story-Exhibition-to-Supercharge-Singapore-s-Energy-Future

Media Release New Energy Story Exhibition to Supercharge Singapore’s Energy Future The exhibition seeks to advance the little red dot’s agenda on sustainable development by accelerating awareness and adoption of efficient energy practices amongst the public SINGAPORE, 11 August 2021 - Science Centre Singapore (SCS) today launches Energy Story, a new exhibition exploring the sources, transformation, and uses of energy, from natural cycles to modern applications. Jointly presented by SCS, the Energy Market Authority (EMA) and SP Group, this is a net-zero showcase where the energy consumption of the interactive space is fully matched with an equivalent amount of green energy produced, through the purchase of Renewable Energy Certificates1 (RECs). The exhibition was conceptualised to raise awareness of the critical role that cleaner energy plays in charting a more sustainable future and accelerating the adoption of energy efficient practices amongst the public. Associate Professor Lim Tit Meng, Chief Executive of Science Centre Board said, “The sustainability mandate is not a new one, it has just been brought into focus in the face of the ongoing economic and environmental crises. Efficient energy consumption, on a larger scale can significantly impact immediate capital and climate recovery to help us realise the long-term vision of a truly sustainable society. With Energy Story exhibition, we hope that guests from all walks of life will gain a better understanding of the importance of growing green energy and be inspired to play a part in the nation’s “energy reset” movement. From institutions to authorities, companies to the public, we all need to work together to change the future of our world.” Mr Ngiam Shih Chun, Chief Executive, Energy Market Authority added, “Singapore’s energy landscape has evolved significantly over the last 50 years. We switched from the use of oil-fired power plants to cleaner sources such as natural gas. Singapore is also one of the most solar energy-dense cities in the world. We plan to decarbonise our power sector further with the deployment of more low-carbon options. We hope Singaporeans and especially students can learn about Singapore’s energy transformation and play a part in creating a sustainable energy future for all.” Mr Stanley Huang, Group Chief Executive Officer, SP Group, commented, “Through this exhibition, visitors can learn about Singapore’s world-class energy network, and what goes into making it reliable, secure and sustainable for generations to come. As we empower the future of energy, we put knowledge and tools in the hands of the public, so that everyone can take steps to contribute towards a greener world. This exhibition will also be a net-zero showcase, through the purchase of Renewable Energy Certificates on the SP REC Platform2. The electricity consumption of the interactive space will be fully matched with an equivalent amount of green energy produced.” Six zones of multimedia displays, interactives, and poster panels tell the story of how humankind has progressed off the back of energy discovery, and must now work towards a cleaner, more sustainable future. Visitors can explore global, regional, and local energy data, interact with models of different technologies, and demonstrate relevant physics concepts. A key feature of the exhibition is Singapore’s Energy Story, a zone dedicated to raising awareness of our four energy switches and how we are working towards greater sustainability. It highlights the progress of our nation’s energy revolution over the past 50 years and how we balance energy trade-offs to power our future. The exhibition is also aligned with the Ministry of Education (MOE)’s Science syllabus to support learning for lower secondary students, with the exhibits reinforcing textbook topics ranging from the fundamentals of energy in physics to Singapore’s pursuit of technological advancements through research and development. It follows EMA’s earlier collaboration with MOE on a series of energy education videos from 2019, four of which are featured within the exhibition. Finally, the exhibition addresses our responsibility as energy consumers. This call-to-action can be seen throughout the 400-square metre exhibition space, inviting visitors to be more energy conscious in their everyday life. These collective small steps can spur a big impact in building a sustainable future for Singapore. The Energy Story Exhibition is now running at the Science Centre Singapore and is accessible with a general admission ticket. Tickets are available for purchase through the online ticketing platform at www.science.edu.sg/buy-tickets. View the appendix for descriptions of the six zones and visit www.science.edu.sg/energy for more details on the exhibition. -End- APPENDIX The Energy Story Exhibition spans six interactive zones exploring the sources, transformation and uses of energy, from natural cycles to modern applications. Zone 1: Evolution of Energy Sources This zone chronicles how energy sources have developed over centuries and how energy continues to drive human civilisation. It includes visualisation of the story of energy over time, from the Industrial Revolution to the present day, and the impact of climate change on energy transition. Zone 2: Fundamentals of Energy This zone highlights physics concepts related to energy, to support learning and education in MOE schools. Interactive exhibits in this space illustrate the Law of Conservation of Energy, including a fun “shadow flash” wall where visitors power a flashing lamp by pedalling a stationary bike in order to “freeze” shadows against a luminescent wall. Zone 3: Modern Energy Sources This zone sheds light on the pros and cons of various energy sources, such as natural gas,solar energy and wind energy, and explains the trade-offs involved in the Energy Trilemma. Learn about how different countries use energy through an interactive data visualisation world map and get competitive in a multi-player “Future Power” game, in which participants “gather” energy while navigating challenges caused by cost and pollution. Zone 4: Singapore’s Energy Story This zone introduces Singapore’s energy transformation as guided by the ‘Four Switches’ - Natural Gas, Solar, Regional Power Grids, and Low-Carbon Alternatives. Learn about how photovoltaic panels work and how Singapore is working to achieve its target of deploying at least two-gigawatt peak (GWp) of solar energy by 2030. Zone 5: Energising the Future This zone shines a spotlight on Singapore’s latest research and development (R&D) efforts in energy, in tandem with the global transition to a sustainable energy future. The focus is on how we are working with the local industry and research community to undertake R&D and pilot solutions to improve how energy is generated, distributed and used. Zone 6: Playing Your Part This zone is a call-to-action for citizens to play a part in national energy conservation efforts, complete with practical energy efficient tips that can be harnessed in everyday life. It includes an “Energy Conservation at Home” game, in which one strives to achieve the highest energy savings by choosing and employing various electrical appliances. Before leaving the exhibition, visitors can share their thoughts and ideas on how Singapore can achieve an energy efficient future on a photobooth-cum-pledge wall. -End- About Science Centre Singapore Science Centre Singapore, a non-formal educational institution and leading regional Science Centre, along with its group of attractions, brings out the wonders of science, technology, engineering and mathematics through its unique blend of exhibitions, educational programmes and events. A custodian of creativity and innovation, Science Centre Singapore has captured the evolution of scientific developments for nearly four decades. The Centre and its partners have played a pivotal role in transforming the way students and the public interact with and learn about science, technology, engineering and mathematics. Since 1977, the Centre has welcomed over 30 million visitors and inspired them with more than 1,000 exhibits spread across 14 exhibition galleries and outdoor exhibition spaces. The Centre’s group of attractions include Omni-Theatre, Snow City and KidsSTOPTM. The Omni- Theatre is an immersive dual-technology edutainment destination fitted with Southeast Asia’s largest seamless dome screen and featuring the latest and brightest 8k digital full dome system in the world. Snow City is Singapore’s only permanent indoor snow centre offering an Arctic inspired experience at Singapore’s first ice gallery and snow chamber. KidsSTOPTM - Where every child gets to Imagine, Experience, Discover and Dream - is Singapore’s first children’s science centre offering an enriching experience through purposeful play for children aged 18 months to 8 years old. For more information, please visit www.science.edu.sg. About the Energy Market Authority The Energy Market Authority (EMA) is a statutory board under the Ministry of Trade and Industry. Our main goals are to ensure a reliable and secure energy supply, promote effective competition in the energy market and develop a dynamic energy sector in Singapore. Through our work, EMA seeks to forge a progressive energy landscape for sustained growth. Website: www.ema.gov.sg | Follow us: Instagram: @EMA_Singapore | Facebook: facebook.com/EnergyMarketAuthority | Twitter: @EMA_sg About SP Group SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low- carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China. As Singapore’s national grid operator, about 1.6 million industrial, commercial and residential customers benefit from its world-class transmission, distribution and market support services. These networks are amongst the most reliable and cost-effective world-wide. Beyond traditional utilities services, SP Group provides a suite of sustainable and renewable energy solutions such as microgrids, cooling and heating systems for business districts and residential townships, solar energy solutions, electric vehicle fast charging and digital energy solutions for customers in Singapore and the region. For more information, please visit spgroup.com.sg or for follow us on Facebook at fb.com/SPGroupSG, on LinkedIn at spgrp.sg/linkedin and on Twitter @SPGroupSG. 1 Renewable Energy Certificates (RECs) are tradable green energy attributes that represent units of electricity generated from renewable energy generation facilities. With each megawatt-hour of green energy produced, one REC is recorded and tracked. A buyer can purchase RECs to show proof that an equivalent amount of green energy has been consumed to offset the same amount of electricity used. 2 The SP REC Platform operates as a neutral engine that facilitates the transaction of RECs, where buyers and sellers from around the globe are automatically matched based on respective requirements.