Singapore-listed concrete innovation firm Pan-United Corporation Ltd (Pan-United) is partnering with Cleantech Solar, a Singapore-headquartered renewable energy development company, to provide turnkey solar solutions. The project will consist of about 900 solar panels on the rooftops of its operational headquarters in Kaki Bukit, Singapore, and its slag grinding plant in Johor, Malaysia.
Cleantech Solar is backed by Keppel Ltd., Keppel Asia Infrastructure Fund and Shell Singapore Pte. Ltd. (formerly known as Shell Eastern Petroleum (Pte) Ltd). When installation by Cleantech Solar is completed in 1Q 2024, Pan-United will be a frontrunner in Singapore’s concrete industry to reduce carbon emissions through the adoption of solar energy. This
project is part of an ongoing three-year memorandum of understanding (MOU) signed in 2022 with Shell Singapore Pte. Ltd. to explore decarbonization solutions in the construction and urban solutions
industries. Embracing solar solutions marks a major step for Pan-United in integrating renewable energy into its operations.
Cleantech has a portfolio of 1.2 gigawatt-peak (GWp) across seven countries and is significantly scaling up the deployment of renewable energy projects, solidifying its position as a key provider of green power in the region’s distributed energy segment.
May Ng, Chief Executive Officer of Pan-United, commented: “We are delighted that our partnership with Shell has advanced our efforts to adopt renewable energy solutions, which are crucial in reducing
our operational carbon emissions. Industry partnerships to leverage collective strengths are a sure way to decarbonization.
“Solar deployment in collaboration with Cleantech Solar supports our efforts in contributing to the sustainability goals under the ‘Energy Reset’ pillar of the Singapore Green Plan 2030 and brings us closer to our sustainability target of becoming a carbon-neutral ready-mix concrete company by 2050.”
Sachin Jain, Chief Executive Officer at Cleantech Solar, said: “It is heartening to see industry leaders like Pan-United taking the lead in embracing cost-effective clean energy to power their operations and
contribute to both their own and the nation’s sustainability efforts. We are excited to work with Pan-United to advance their decarbonization journey, and we look forward to the successful delivery of this green partnership.”
As part of the MOU signed in 2022, Pan-United and Shell will continue to identify opportunities in areas such as electric mobility solutions, circular use of materials, and other fleet management digitalisation-enabled solutions.
Tan Yew Chong, General Manager of Commercial Fuels East at Shell, said: “This collaboration is a significant step forward in our shared commitment to exploring decarbonization solutions in the construction industry to build an environmentally sustainable solution for urban cities. We are also exploring solutions with Pan-United to electrify its trucking fleet and are studying the potential of repurposing used industrial materials from Shell’s local facilities as alternative raw materials in the production of low-carbon concrete at Pan-United’s facilities.”
