Green Future for The Self-Storage Industry: Extra Space Asia Goes The Extra Mile for Clean Energy with LYS Energy Group

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 – 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 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