Sabana REIT partners Keppel EaaS to build EV charging, solar panels in its properties

Sabana REIT’s manager, Vibrant Group, said, “This Sustainable Development Goal (SDG) initiative will enable us to not only reduce energy consumption, but also cultivate tenant and staff pride and demonstrate our commitment to SDGS.”Sabana Industrial REIT and Keppel EaaS have entered into agreements to implement EV charging and solar PV cells across the REIT’s properties. In the initial phase, four Volt EV charging stations will be installed at 151 Lorong Chuan, with completion targeted for 1H2023. Keppel EaaS will also install solar PVs across four properties, with the target completion for three by the end of 3Q2023 and the fourth by 1H2024. The solar PVs, which have an installed capacity of 4.7 MWp, are able to collectively produce over 5,700 MWh per year, sufficient to power over 1,700 three-room HDB flats for a year. This is expected to reduce 43,000 tonnes of emissions over the project lifecycle, equivalent to the carbon abatement of planting 30,000 trees.

To further their sustainability goals, Sabana Industrial REIT has signed a memorandum of understanding (MOU) with Keppel EaaS. Through the MOU, the REIT aims to become one of Singapore’s first carbon-neutral industrial REITS by 2040, to be achieved through reduction of energy consumption and maintenance cost for the REIT. This may include the installation and operation of energy-efficient chiller systems, renewable energy certificates and green electricity supply over the long term, with Keppel EaaS serving as the one-stop solutions provider.

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Vibrant Group, the manager of Sabana REIT, commented on the initiative, “This Sustainable Development Goal (SDG) initiative will enable us to not only reduce energy consumption, but also cultivate tenant and staff pride and demonstrate our commitment to SDGS.”

The implementation of EV charging and solar PV cells across the REIT’s properties, together with further sustainable practices, represent a commitment by Sabana Industrial REIT to reduce energy consumption while providing energy-efficient solutions. This partnership is expected to benefit the REIT and the public through reduced carbon emissions and lower energy consumption.