Fire Insurance And Solar Energy Systems: Integration And Coverage – Artist’s impression of the upcoming 60MWp floating solar system on the Tengeh Reservoir that will cover an area of about 45 football fields.
The National Water Agency PUB and Sembcorp Floating Solar Singapore, a wholly owned subsidiary of Sembcorp Industries (Sembcorp), are pleased to announce the start of construction of a 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on the Tengeh Reservoir. This marks an important step in the construction of one of the largest floating inland solar PV systems in the world, which not only helps reduce dependence on fossil fuels and thus carbon emissions, but also builds national climate resilience for a more sustainable future .
Fire Insurance And Solar Energy Systems: Integration And Coverage
Solar energy is Singapore’s most viable renewable energy source, but large-scale deployment of solar panels is challenging due to its dense urban landscape and limited land. Beyond rooftops and vertical spaces, large amounts of water from pubs and reservoirs can now serve the dual purpose of water capture and electricity generation. This follows positive trial results and large environmental studies showing that floating solar panels have minimal impact on the water quality and biodiversity of the reservoir.
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This large-scale floating solar PV system in Tengeh Reservoir – the first of its kind in the region – will enable Singapore to be one of the few countries in the world to integrate green technology with water treatment. When the project begins full commercial operation next year, the amount of clean energy produced will be enough to power PUB’s local water treatment plant, offsetting 7% of PUB’s annual energy needs.
The project will also incorporate new innovations in floating solar PV design and construction. Each component of the system has been carefully designed and selected according to Singapore’s climate conditions in order to maximize energy generation, minimize environmental impact and water quality, and be durable enough to meet a service life of 25 years. These include double-glazed PV modules instead of the single-glazed variant commonly used for rooftop installations, to improve durability in a wet and humid environment. The PV modules are supported by certified food-grade high density polyethylene (HDPE) UV-resistant floats to prevent degradation from intense sun exposure.
To optimize performance and operational reliability, the system is supported by a digital surveillance platform with security cameras, ‘live’ video surveillance, dashboards and alerts that help track environmental factors such as wind speed, solar irradiation and ambient temperature. The system also detects abnormalities that may indicate potential overheating and fire hazards for preventative maintenance. Employees will be able to monitor the system remotely through a mobile application that allows maintenance teams to be deployed quickly when needed (please refer to the infographic in Appendix A).
Ng Joo Hee, Chief Executive, PUB said, “With this floating solar plant, which we believe is one of the largest in the world, PUB takes a big step towards sustainable energy in water treatment. Solar energy is abundant, clean and green, and is key to reducing the carbon footprint of PUB and Singapore as well.”
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Wong Kim Yin, Group Chairman and CEO, Sembcorp Industries, said, “As Singapore’s leading renewable energy player, Sembcorp is committed to helping our communities live more sustainably. This large-scale floating solar platform, which features the deployment of technological innovations and advanced systems, will also enhance Singapore’s global position in renewable energy production. We are pleased and honored to partner with PUB on this important project to green power our nation.”
The commencement of construction is not expected to have a material impact on Sembcorp’s earnings per share and net asset value per share, for the financial year ending December 31, 2020.
Visual representations including drawings, illustrations, photographs and art renderings show artistic impressions only and should not be taken as representations of the actual layout of the solar PV installation, which is subject to change.
PUB is a statutory council under the Ministry of Sustainability and Environment. It is the national water agency, and manages Singapore’s water supply, water catchment and water use in an integrated manner.
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PUB has ensured a diversified and sustainable water supply for Singapore with four national pipelines (local catchment water, imported water, NEWater, desalinated water).
PUB calls on everyone to play a role in water conservation, in keeping our waterways clean, and in caring for Singapore’s precious water resources. If we all do our bit, there will be enough water for all our needs – for trade and industry, for living, for life.
As an integrated energy player, Sembcorp is uniquely positioned to support the global energy transition. Leveraging technology and digital innovation, Sembcorp provides solutions across the energy value chain and utilities. Sembcorp has a balanced thermal and renewable energy portfolio of over 12,600 MW, with over 2,800 MW of renewable, battery storage and waste-to-energy capacity.
Sembcorp’s urban arm is a recognized leading Asian developer with a strong track record of transforming raw land into sustainable urban development. In addition, Sembcorp is a global leader in providing innovative engineering solutions to the offshore, marine and energy industries.
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Sembcorp Industries has total assets of more than S$23 billion and more than 7,000 employees. Listed on the main board of the Singapore Exchange, it is a constituent stock of the Straits Times Index and sustainability indices including the FTSE4Good index, the Dow Jones Sustainability Asia Pacific Index and the iEdge SG ESG indices. For more information, please visit www.sembcorp.com.
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The technical storage or access is required to create user profiles to send advertisements, or track the user on a website or across several websites for similar marketing purposes. Although the installed capacity of energy from Solar Photovoltaic Panels (PSFVs)1 is still very low. , only enough to provide about 2% of the world’s energy needs, in recent years the growth of the installed capacity of this type of energy has averaged 27% per year.
The majority of installed capacity is concentrated in China, the European Union and the United States. In Latin America, the leaders in solar energy production are Mexico with 3, 200 MW installed, followed by Brazil with 2, 300 MW and Chile with 2, 140 MW. Globally, the solar energy market with the highest penetration is Honduras with 14% of total energy production, followed by Chile with 7.1%, fifth worldwide. In Mexico there is one of the largest solar installations in the world2, the Villanueva Photovoltaic Solar Park with a capacity of 828 MW.
But new legislation in Mexico,
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