Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Saving 45% under the sun

Saving 45% under the sun
Swire Pacific Offshore subsidiary Altus Logistics has installed a solar power system at its warehouse in Loyang, Singapore, which it estimates will save it 45.1% on its monthly electricity bills.

The system installed on the roof of Altus' warehouse is designed to generate 152,517kWh of electricity a year and Photovoltaic Grid-tied (PV) system comprises 456 pieces of REC-255Wp solar panels.

Swire said it would produce savings of $39,000 a year on Altus’ electricity bills, with monthly savings of 45.1%. The system cost $198,400 and has a lifespan of 25 years.

“Altus Logistics seeks to promote sustainable development in the way we operate our business and this is closely aligned with the corporate mandate of our parent company, Swire Pacific Offshore. This project is a milestone achievement for us as this long term investment will significantly reduce our carbon footprint and electrical consumption,” said Michael Ellsworth, ceo of Altus Logistics.

We cannot help but note that the installation of the system would appear to have coincided with the onset of Singapore’s wet season with huge monsoon storms most afternoons that can appear to turn day into night in the equatorial city-state. However, at least there was sun and blue skies for some of their photos if not all. solar