Renewable Energy

SP Group is partnering South Korean smart grid developer and system integrator NuriFlex to develop and install up to 20 megawatt-peak (MWp) of rooftop solar power at three mega factories for TKG Taekwang Vina – a manufacturing leader in Vietnam.

• Delivers up to 28,000 MWh of electricity annually
• Reduces carbon emissions by more than 22,000 tonnes annually

SP Group and BCG Energy Joint Stock Company (BCG Energy) formalised a joint venture to invest in rooftop solar and explore other renewable energy projects in Vietnam. The JV will partner Vinamilk to install a combined 25 MW of rooftop solar across nine factories and seven farms.

• Delivers up to 35,000 MWh of electricity annually
• Across 9 factories and 7 farms
• Reduces carbon emissions by more than 32,000 tonnes annually

SP Group and CJ OliveNetworks Vina Co. have formed a partnership to boost Vietnam’s clean energy transformation through the development of rooftop solar projects. The partnership already secured its first project to install and operate 2.5 megawatt-peak (MWp) of rooftop solar for a CJ Vina Agri Co Ltd (CJ Agri) manufacturing plant. 

• Delivers up to 3,577 MWh of electricity annually
• Reduces carbon emissions by more than 3,500 tonnes annually

SP Group is collaborating with Rangsit University in Greater Bangkok to transform its main campus into a smart, low-carbon environment. Under the partnership, SP will install a 2 megawatt-peak (MWp) rooftop solar photovoltaic (PV) system across nine buildings and a floating solar PV system, which will support Thailand’s carbon reduction goals. Optimising the process is SP’s GET (Green Energy Tech) smart building intelligence system that maximises building energy efficiency and enhances occupant comfort.

• Generates 2,749 MWh of clean energy annually
• Lowers carbon emissions by 1,400 tonnes annually
• Greens up to 21 per cent of total energy consumption

SP Group has announced a strategic partnership with leading Thai beverage company Malee Group to install a 1 Megawatt-peak (MWp) rooftop solar photovoltaic (PV) system at its Nakhon Pathom factory – the first Malee factory to harness solar power for its operations. The collaboration will see SP install and operate a PV system comprising about 1,600 solar panels that builds on both companies’ commitment to enabling Thailand’s green transition.

• Generates 1,378 MWh of clean electricity annually
• Reduces carbon emissions by up to 700 tonnes per year
• Supplies approximately 15 per cent of the factory’s annual energy requirement

SP Group is ramping up Asia’s clean energy transition by partnering Betagro – Thailand's leading integrated food company – on an 8.2 Megawatt Peak (MWp) solar photovoltaic (PV) installation at seven Betagro factories in Lopburi, Nakhon Ratchasima, Songkhla, Lampang and Chachoengsao. The project, comprising close to 13,000 solar panels, will combine SP’s renewable energy expertise with Betagro’s commitment to reducing its carbon footprint and enhancing its environmental stewardship.

• Generates 11 GWh of clean energy annually
• Reduces carbon emissions by 4,400 tonnes per year
• Enables cost savings of about 17 million baht (S$630,500) annually

SP Group has invested in its first batch of agrivoltaic assets in Guangdong province to boost crop yield and generate clean energy across four existing agricultural sites in Dabu County, Meizhou City. With a total capacity of 78 megawatt-peak (MWp), the project will improve the stability and resilience of the power grid by integrating solar photovoltaics with 7.8 megawatt-hours (MWh) of battery energy storage systems that can support high electricity demand.

• Contributes 91.3 GWh of clean electricity annually
• Reduces over 91,000 tonnes of carbon dioxide emissions each year

SP Group has completed its first Building Integrated Photovoltaic (BIPV) project in China in partnership with Guangdong Lingxiao Pump Industry Co. Ltd (Guangdong Lingxiao), a global leader in water pumping solutions. The 4 megawatt-peak (MWp) BIPV project, completed in October 2023, will harness solar power to improve energy efficiency and save costs for its energy-intensive industrial operations.

• Generates an average of 4.36 million kWh annually
• Reduces nearly 4,500 tonnes of carbon emissions each year

SP Group is partnering Qingdao Daneng Environmental Protection Equipment Co. Ltd (Qingda Environment), a leading local provider of environmental technology solutions, to invest and build a 90-Megawatt (MW) aquavoltaic farm. The project, slated for completion by end-2024, will be connected to a hydrogen production facility that will sustainably power Shandong’s first green hydrogen production plant in Qingdao City.

• Generates 162 million kWh of green electricity annually
• Reduces carbon emissions by 160,000 tonnes