Singapore Institute of Management signs 14-year solar PPA with Peak Energy
Type: Ppa · Technology: Solar · Country: Singapore · Announced: 2026-08-03
Singapore Institute of Management signed a 14-year solar power purchase agreement with Peak Energy to install an on-site photovoltaic system at its Clementi Road campus. The agreement will deliver clean solar electricity to the campus, helping SIM cut its electricity costs by more than 45 %. Peak Energy will design, build, operate and maintain the solar PV installation, providing SIM with a stable, long-term energy price amid volatile power markets. The project supports Singapore’s broader sustainability goals and demonstrates SIM’s commitment to reducing its carbon footprint. The 14-year term secures reliable clean energy for the institution through 2040, aligning with national renewable energy targets.
Counterparties
- Singapore Institute of Management (Offtaker)
- Peak Energy (Developer)
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