Sabana Industrial Real Estate Investment Trust (REIT) has successfully completed the installation of solar panels across nine of its multi-tenanted properties in collaboration with Keppel Ltd.’s Energy-as-a-Service arm (Keppel EaaS). The installations, which were fully operational by 31 December 2024, mark a significant step in the REIT’s sustainability efforts, aiming to become one of Singapore’s first carbon-neutral industrial REITs by 2040.
The completion was celebrated with a ribbon-cutting ceremony at Sabana@1TA4, a property that received its Temporary Occupation Permit in July 2024 and is certified with the BCA Green Mark Super Low Energy award. The solar systems at Sabana@1TA4 are expected to generate over 1,000 megawatt-hours of energy annually, contributing to the REIT’s overall capacity of 7.6 Megawatt peak (MWp), which can power more than 2,700 three-room HDB flats each year.
Donald Han, CEO of the Manager of Sabana Industrial REIT, highlighted the partnership’s impact, stating, “Our contributions to renewable energy generation are markedly significant. We are well on track to become one of Singapore’s first carbon-neutral industrial REITs by 2040.”
Keppel EaaS’s Executive Director, Lim Yong Wei, expressed satisfaction with the timely completion, noting, “This project success showcases Keppel’s capabilities in the design and execution of on-site renewable energy generation.”
The initiative aligns with the Singapore Green Plan 2030, with the REIT also planning to install electric vehicle charging stations and further enhance energy efficiency at its properties.
