BBR Holdings awarded two new contracts for solar photovoltaic system installation

Its new customer is GKE Corporation.

Mainboard-listed BBR Holdings revealed today that it has secured a new solar leasing contract with GKE Warehousing & Logistics, a wholly-owned subsidiary of SGX-ST listed GKE Corporation, for the installation of a solar photovoltaic grid-tied system.

Under the 25-year power purchase agreement, BBR will design, install, commission and maintain the 490KWp PV system which comprises 1,848 high efficiency multi-crystalline panels to be installed on the rooftop of the warehouse in Pioneer Road, Singapore.

Upon the project’s commissioning in the first quarter of 2015, the system is expected to generate more than 576,000KWh in the first year and will account for 80% of the energy needs of GKE.