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Telco and solar energy firm partner to enter Singapore’s Open Electricity Market

Telco and solar energy firm partner to enter Singapore’s Open Electricity Market

Today one of Singapore's leading telcos, StarHub and Singapore-based sustainable energy
firm, Sunseap, revealed
a partnership to enter Singapore’s Open Electricity Market which is
being launched in April. This partnership will enable households to adopt solar
power without the hassle of owning or installing solar panels.

Sunseap Group is the largest clean energy solutions provider
in Singapore, and it harvests solar energy from rooftop solar systems across
more than 1,000 buildings in Singapore, including public housing estates, as
well as commercial and industrial buildings, which convert sunlight into solar
energy.

Last year, the Energy Market Authority (EMA) of Singapore announced
the soft launch of the Open Electricity Market in Jurong to provide consumers
with more choices and flexibility in their electricity purchases. This will culminate
in the full liberalisation of the retail electricity market in the second half
of 2018, extending the choice of electricity retailer to consumers in the rest
of Singapore. 

Consumers will be free to choose their desired electricity
retailers according to their usage patterns and the prices offered. Switching
electricity retailers is expected to be seamless in the open market.  

As part of this joint operation, StarHub and Sunseap are
collaborating on a range of activities, including customer service, billing and
sales, to ensure a hassle-free experience for households. The two companies are
also exploring opportunities in smart energy and Internet of Things (IoT)
solutions to bring continued benefits to customers.

To promote clean energy use, 5% of StarHub’s profits out of
this business in the first three years will be channelled into the StarHub
Clean Energy Fund
. The fund will be used to drive environmental
conservation initiatives including clean energy and efficiencies.

Starting next month, StarHub and Sunseap will offer
customers a choice of two clean energy subscription plans named Green
Life
 and Green Save.

The first plan named Green Life is a 100%
clean energy plan tailored to meet the needs of environmentally conscious
customers. Customers on the Green Life plan will receive
electricity fully produced by Sunseap’s solar systems at no additional cost.
Electricity will be charged at the usual regulated electricity tariff.

The second plan, Green Save, allows
customers to take a step towards becoming more environment-friendly while
enjoying some savings. With this plan, customers will receive 5% clean energy
and enjoy 20% discount off the regulated tariff.

“Working together with Sunseap, we are excited to offer
households a compelling way to live a lower carbon footprint lifestyle using
the Sun’s energy. Leveraging each other’s expertise, we will bundle essential
services from mobile, pay TV, broadband and electricity in attractive packages
for customers, who are becoming more environmentally-aware;” said Mr Howie Lau,
Chief Marketing Officer, StarHub. “Clean energy has been gaining ground in
Singapore and we hope to further energise this green movement with the launch
of our StarHub Clean Energy Fund.”

Mr Frank Phuan, Co-Founder and Chief Executive Officer,
Sunseap Group, said: “We are pleased to be in a joint operation with StarHub to
help residents in Singapore go green. This will make it easy for both existing
and potential StarHub customers to switch to solar energy without any break in
their regular electricity service. As the leading sustainable energy provider
in Singapore, Sunseap is committed to helping consumers do their part to lower
global warming emissions, which we believe is one of the most urgent challenges
of the 21st century.”

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.