PHOENIX SOLAR PUMPS RENEWABLE ENERGY INTO IKEA STORE

• 1 MWp solar rooftop system for IKEA Tampines in Singapore
• Non-exclusive regional framework agreement between Phoenix Solar and IKEA Southeast Asia 

SINGAPORE & SULZEMOOS, Germany, Feb 21 (Bernama-BUSINESS WIRE) -- Singapore’s Phoenix Solar Pte Ltd has been awarded a contract by IKEA Southeast Asia to design and build a 1 MWp solar system on the roof of IKEA Tampines. The system is expected to generate 1.3 million kilowatt hours per year – enough renewable energy to power the equivalent of 283 four-room HDB flats. IKEA expects to trim an estimated $2.4 million from the store’s electrical bills over the next ten years.

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