CapitaLand Integrated Commercial Trust (CICT) completed the two-phase installation of a solar photovoltaic (PV) system at IMM Building in Singapore which has been fully operational since August 2023. With a peak power rating of 2,359 kWp, this PV system is projected to produce around 2.9 GWh of renewable energy annually which will account for approximately 20% of the total annual landlord energy consumption of IMM Building.

CICT is exploring Phase 3 to extend this initiative to as many as 14 properties, with the potential to generate an estimated 2.7 GWh of renewable energy annually. The tender process is in progress and under review, with a target to finalise and award the project in 2Q 2024.