Founded by Chong Chieh Tseng and John Michael Bernil, the team has more than a decade of experience in the renewable energy industry, software & hardware development, and energy project development and financing.
The company was part and invested by Entrepreneur First and Accelerating Asia program, two of the most prestigious startup program in Singapore.
The customer signs a long-term power purchase agreement, at a significantly discounted tariff than what they are paying their current electricity provider. Afterward, the customer receives the solar PV system for their building free of charge that will be owned by them by the end of the agreement.
During the agreement term, the customer pays their electricity bill as usual while enjoying the savings from the solar energy.
The contract can range from 15 years up to 20 years. We accommodate contracts from 10 to 15 years depending on the requirements of the customer and their roof size.
We offer lease-to-own fixed solar energy tariff, lease-to-own solar energy discount-off tariff, and lease-to-own solar leasing (rooftop rentals).
For fixed solar energy tariff and discount-off solar energy tariff, the customer will consume the solar energy for their building operations.
For solar leasing (rooftop rentals), the solar energy will be directly exported to the grid. At the end of the contract term, the solar PV will be transferred to the customer.
Solar Photovoltaics (PV) panels directly produce electricity from sunlight. The panels transferred the DC electricity to an inverter that changes it to AC for daily electricity consumption for a building or power grid.
Solar PV panels use direct or indirect sunlight to generate power. The solar PV panels still work when the light is reflected or partially blocked by clouds. Rain also keeps the efficiency of solar PV panels by washing away dust and dirt.
Companies like Apple, Amazon, and Facebook uses solar energy for their operations to support sustainability initiative.
Small, medium enterprises (SMEs) are also starting to use solar to offset their electricity cost.