SP Group is an energy utility company that provides electricity and gas transmission, distribution, and market support services in Singapore. SP Group also offers sustainable energy solutions and operates internationally.

SP Group

SP Group is a leading utilities group in the Asia Pacific, empowering the future of energy with low-carbon, smart energy solutions for its customers. It owns and operates electricity and gas transmission and distribution businesses in Singapore and Australia, and sustainable energy solutions in Singapore and China.

We are pleased to present SP Group’s Annual Report and Sustainability Report 2024.

In our core responsibilities of upholding grid reliability, we have been steadfast in planning, renewing and maintaining critical infrastructure and running 24/7 operations. The energy transition, coupled with increasing energy demand, has created opportunities to integrate renewable energy and sustainable practices in our business activities. We are also equipping customers in Singapore and the region with sustainable energy solutions for a greener future.

Our people are key drivers of growth and advancement and we continue to build future-ready expertise and skills in our workforce. We have also reached out to more individuals and families in need to uplift and improve quality of life.

Together, we strive to deliver greater value for our customers and community.

Dive deeper into our journey:
Annual Report – https://spgrp.sg/ar24
Sustainability Report – https://spgrp.sg/sr24 

#EmpoweringTheFutureOfEnergy

Going green with Thailand's food industry 🟢

SP Group has partnered with Pattani Food Industries Co., Ltd to deploy a rooftop solar project at its factory in Southern Thailand. This collaboration aims to meet 20 per cent of the factory’s energy needs and contribute to Thailand's low-carbon transition.

With the power of the sun, we can achieve:
🏠 1,397 MWh of solar energy, enough to power over 400 homes for a year 
🌳 400 tons of CO2 emissions reduced annually, equivalent to planting around 18,000 trees 

Join us in our journey towards a greener future. Learn more about our initiative here: https://spgrp.sg/4djoDRz

#SPGroup #PattaniFood #SolarEnergy #Sustainability

AI is increasingly pervasive in everyday life, and a game changer in energy management. In buildings, AI can effect swift, dynamic responses to optimise occupant comfort. 

SP Digital’s suite of Green Energy Tech (GET™) solutions leverage AI and IoT to integrate different systems and diverse data sources, creating a seamless and comprehensive utilities management experience. 

No costly or time-consuming retrofitting. GET™ can be easily deployed, and drive the transformation of existing properties into super low-energy buildings.

Find out how: https://spgrp.sg/3TkV7TV

A career in the exciting world of energy at SP Group! 

Discover engineering pathways with us at Jobstreet Singapore by SEEK Career Fair. It’s taking place from 24 to 25 August at the Sands Expo & Convention Centre, Booth P4. 

Learn about SP’s role in upholding Singapore’s network reliability and how we are driving towards a greener energy future. 

#SPGroup #CareerFair #EnergySector #CareerOpportunities #JobstreetbySEEKSG #JobstreetCF2024

This week, we welcomed Sichuan Vice-Governor Zuo Yingxiang and Minister for Manpower and Second Minister for Trade and Industry Dr Tan See Leng to SP Group's district cooling plant at Marina Bay - the world's largest underground district cooling network. 

Hosted by SP’s Group CEO Stanley Huang, the delegation saw how chilled water is distributed across the network to cool buildings in the area. With more integrated solutions in the pipeline, SP remains committed to invest and deploy sustainable, low-carbon projects in Sichuan, focusing on district cooling and heating, as well as solar power generation to support China's sustainable development goals.

The Sichuan delegation was in Singapore for the 24th Singapore-Sichuan Trade and Investment Committee Meeting.

The future of energy must be sustainable, and public-private partnerships are key to implementing solutions at scale. At the 24th Singapore-Sichuan Trade and Investment Committee (SSTIC) Meeting yesterday, SP Group signed a Memorandum of Understanding with the Wuhou Government to explore opportunities to provide energy retrofitting for district cooling and heating, and energy storage for the Wisdom Valley Integrated Energy Project. Minister for Manpower and Second Minister for Trade and Industry Dr Tan See Leng and Sichuan Vice-Governor Zuo Yongxiang witnessed the signing, that reinforces SP's longstanding ties with Sichuan Province.

Group CEO Stanley Huang of SP said, “Our latest MOU builds upon our ongoing collaboration with the Wuhou district government to shape a smart and sustainable district. With the strong support of our local partners, we look forward to exploring future green energy opportunities in Sichuan.”  

Our projects in Sichuan include an upcoming district cooling and heating system for Chengdu's new International Sports Park City in 2025, and the city's first district cooling microgrid project at the International Urban Design Centre, operational since October 2022.

Over 100 members from the Singapore Green Building Council (SGBC) attended a seminar jointly organised with SP Digital, to learn about adopting a holistic approach to make buildings more sustainable, improve their asset value while optimising energy cost, enhancing occupant comfort and reducing carbon emissions.

Speakers from SP Group and our digital arm, SP Digital, shared smart utilities management including granular monitoring, analyses of utilities consumption across a portfolio of premises, as well as EV charging installations. They presented insights on enhancing ESG reporting and tracking of carbon footprint.

Guest speaker, Ke-Vin Lim, Head, Group Innovation from City Developments Limited shared their own sustainability journey and how microclimatic control for different spaces within a building is one of the ways to mitigate challenges.

We look forward to creating more sustainability dialogues to support decarbonisation in the built environment.

Food is a cornerstone of Thai culture, economy, and community. But with increased consumption comes greater environmental impact. The food industry contributes a whopping 26% of Thailand's annual greenhouse gas emissions.
SP Group is driving change by partnering with key players in the food and beverage industry, such as Malee Group. Through solar power initiatives like Malee's, we're not only reducing carbon emissions but also paving the way for a more sustainable Thailand. These efforts are poised to help Malee reduce carbon emissions by 700 tons annually, while optimising energy consumption and cutting costs. 

For more information, visit https://spgrp.sg/4fuOOq3

#SPGroup #SustainablePartnerships #GreenEnergy

⚡ Joining forces to expand EV network ⚡

Electric vehicle (EV) drivers can look forward to more charging options at Singapore Land Group Limited properties as we strengthened our partnership with one of Singapore's leading real estate developers. Four new charging points were rolled out at Singapore Land Tower in July, while four more will be installed at West Mall by the end of the year. This is a 25 per cent increase in the number of charging points at SingLand’s properties, bringing the total to 38.

From Tampines Plaza 1 & 2 to Marina Square, EV users can now find a charging spot at SingLand properties across the island, offering convenience and peace of mind as they embrace green mobility. With more locations added to our extensive charging network, SP aims to drive Singapore's sustainability efforts and shape a low-carbon future.

Read more: https://spgrp.sg/3YtSiDe

Photo credits: SingLand

On average, 60 per cent of a building’s energy consumption is for cooling needs. With our Sustainability Starter Kit, you can optimise the performance of your cooling system to reduce energy consumption!

Find out how you can: 
✅ Manage utilities better
✅ Reduce operational costs

Click for more information: https://spgrp.sg/3xy5Kel

#Sustainability #EmpoweringtheFutureofEnergy #SPGroup

Metric
Company Name	SP Group
Symbol
MSH ID	SG:COM:SPGROUP
Market	PRIVATE
Sector	Utilities
Industry	Energy Utility
Country	SG
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Website	spgroup.com.sg
LinkedIn	singapore-power-ltd
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