Senoko Energy Launches SolarShare 2.0, Accelerating Singapore’s Green Energy Journey to Net Zero

SINGAPORE – Media OutReach – 18 October 2023 – Senoko Energy today, announced the launch of SolarShare 2.0 – the first commercially available peer-to-peer grid scale trading platform for solar energy in the country. Following the successful launch of the pilot project back in 2020, SolarShare 2.0 is set to revolutionise the energy landscape by enabling businesses and households in Singapore to be powered, at scale, with renewable energy. In line with the government’s goal of achieving net-zero emissions by 2050, SolarShare 2.0 seeks to enable businesses and households to enjoy sustainable green energy 24/7 in time to come, when green energy imports and battery storage become available. With this innovative peer-to-peer trading platform, businesses and households will be able to buy and sell their own solar energy at their preferred price, making it more accessible and affordable. Senoko customers will be able to buy energy matched to specific solar generators, or from a community pool of excess solar energy. Another key feature of SolarShare 2.0 is that it allows businesses and households to track the source, time, and price of solar energy over the grid as well as measure and trace their energy consumption every half hourly. This transparency enables businesses and households to monitor their energy usage and make informed decisions to further reduce their carbon footprint.