News 2017

Myanmar’s first-ever grid-connected commercial rooftop PV officially launches at Junction City shopping center

2017 07 Junction City 12017 07 Junction City 22017 07 Junction City 3

117 kWp rooftop solar PV system designed and installed by Sunlabob Renewable Energy

Sunlabob Renewable Energy, Ltd., a venture-backed company specializing in decentralized renewable energy this week recognized the official launch of the 117 kilowatt peak (kWp) solar photovoltaic (PV) system at Junction City, a world-class integrated commercial development in downtown Yangon.

The roof-mounted project, which finished construction in early 2017, is the first-ever grid-connected commercial rooftop PV system in Myanmar. It is projected to produce an average of more than 140,000 kilowatt-hours (kWh) of emissions-free electricity each year, which will be fully consumed by the retail space of Junction City.

Shwe Taung Group, the lead developer of Junction City, contracted Sunlabob for all services and materials related to the solar project including engineering design, procurement, installation, commissioning and post-sales maintenance.

“Credit is due to Shwe Taung Group for being a first-mover in Myanmar,” said Andy Schroeter, Founder and CEO, Sunlabob. “This project can serve to tangibly show other commercial and industrial energy consumers in Myanmar that solar PV is a cost-effective, low maintenance and long-lasting solution.”

Designed to operate for 25 years or more, the grid-connected solar system will provide ongoing cost-savings to Junction City by reducing both the consumption of grid-based electricity and also diesel fuel during back-up power situations.

Sunlabob – which has been active in Myanmar since 2014 – also recently completed the country’s second-ever commercial rooftop solar project, a 92.6 kWp installation at the Anita Asia garment factory in Yangon.

“The two commercial solar projects that Sunlabob recently executed in Yangon are proving that high-quality, international-standard solar expertise and technology have an important role to play in Myanmar’s development,” added Schroeter.

About Junction City

Designed by award winning DP Architects from Singapore, Junction City is a world-class integrated development strategically located at the junction of Bogyoke Aung San Road and Shwedagon Pagoda Road in downtown Yangon that will set new benchmarks in contemporary design, luxury, and quality in Yangon.

Junction City will offer a Grade A office tower jointly developed with Singapore's Keppel Land, a lifestyle retail shopping and entertainment centre, a 5-star luxury hotel jointly developed and operated by Pan Pacific Hotels Group, as well as sophisticated serviced residences with complementary spaces designed for live, work, and play. Phase 1 of the project, which comprises Junction City Tower, Junction City Shopping Centre, and Pan Pacific Yangon, will be completed in 2017. Phase 2, which includes serviced residences, is scheduled for completion in 2019.

About Shwe Taung Group

Founded in the 1990s, the Shwe Taung Group’s diversified business units spread across a wide range of industries, including Real Estate, Asset Management, Construction & Construction Materials, Energy & Infrastructure, Trading and Insurance. It also holds the distributorship rights for BMW, Scania, and KONE in Myanmar. The Group currently has a workforce of more than 6,000 employees, creating employment opportunities for people across the country.

The Shwe Taung Group has an established track record of delivering quality real estate projects in Myanmar. The Group has developed more than 50 projects over 800 acres of land in Myanmar, including notable projects such as the Crystal Tower, Crystal Residences, Junction Square, Union Business Centre and Union Financial Centre in Yangon.