HDB launches 2 MW solar leasing scheme

pv magazine, 27 May 2011
Representing Singapore’s first solar leasing scheme, the country’s Housing and Development Board (HDB) has said it is undertaking a two megawatt photovoltaic project, which aims to test solar energy in 30 housing precincts.
This strategy is in opposition to its last solar project, where HDB bought the solar panels, and hired contractors to install and maintain them. HDB did not explain why it is trying out this model, but industry players offered a few reasons. "This is more experimental. The HDB is testing the mechanism," said Christophe Inglin, managing director of Germany-based Phoenix Solar. Full story