Together with LYS Energy Group, Extra Space Asia advances its solar energy initiatives with two extra rooftop solar photovoltaic system installations in Singapore.

SINGAPORE - Media OutReach^[1] - 26 February 2021 - While adopting a sustainable business model has been a global hot topic for the past decade, the reality of climate change has propelled several considerable challenges. Self-storage, by and large, is known to be less energy-intensive and as compared to manufacturing plants, corporate offices, and retail buildings.

[Rooftop solar PV system, Extra Space Asia's Ang Mo Kio facility]Picture credit: LYS Energy Group

As the Asian leader in the self-storage industry, Extra Space Asia^[2] offers customised, highly-secure private spaces adapted to the needs of customers. Together with the regional leader of renewable energy (RE) solutions LYS Energy Group (LYS), Extra Space Asia is committed to reducing its carbon emissions by integrating cleaner and greener energy into their business operations.

In 2016, ESA opted for the LYS end-to-end solar energy solution which comprises the installations of two solar photovoltaic (PV) systems atop of their Boon Keng and Kallang Way storage facilities in Singapore. Within three years, the two-rooftop solar energy PV systems have accumulatively decreased their daily conventional electricity consumption and reduced annual CO₂ emissions by approximatively 249 tonnes. These two initiatives positioned Extra Space Asia to be the first self-storage company in Singapore to implement solar PV systems.

Leveraging on these achievements, Extra Space Asia will further drive their dedication to sustainability by extending the solar energy initiative to two additional facilities in Singapore this year -- Extra Space Ang Mo Kio and Extra Space Eunos Link -- alongside their trusted partner, LYS Energy Group. The two projects have been successfully commissioned, and they encompass a solar PV system installation on the metal roof of 322.53kWp at Ang Mo Kio and 407.16kWp at Eunos Link. While enabling Extra Space Asia to increase savings, these new milestones also serve to support the company's aim to decrease their daily grid energy consumption and will be expected to offset an approximated 164 tonnes of CO₂ in Ang Mo Kio and 207 tonnes of CO₂ in Eunos Link annually for the next 20 years.

This repeated collaboration transcends the traditional transactional partnership, to a stronger, long-term collaboration to meet the common goal of a low-carbon future for Singapore.

"LYS Energy has shown their high level of expertise and execution that consistently met our Quality, Health, Environment and Safety standards of excellence. We are delighted to extend our RE partnership with them for two more sites in Singapore. This is part of our everyday efforts to reduce our carbon footprint and to support green energy."

- Kenneth Worsdale | Chief Executive Officer of Extra Space Asia

"At LYS Energy Group, enabling the finest customer experience is our top priority, and part of our culture, we value building customer satisfaction through an excellent quality of service in everything we do. Our Group's holistic approach to sustainability has granted us the praise of our customers appreciative of the relentless support and innovative solutions we tailored for them. Today we are pleased to bolster our partnership with a committed and forward-looking customer such as Extra Space Asia to extend our respective roles in the transition to a low-carbon energy path."

- Lionel Steinitz | Chief Executive Officer of LYS Energy Group

References

1. ^{^} Media OutReach (www.media-outreach.com)
2. ^{^} Extra Space Asia (www.extraspaceasia.com.sg)