CCB Singapore has participated in providing some $300 million in green financing to Singapore-based      clean energy solutions provider Terrenus Energy, as part of a consortium of five banks led by DBS.

The green loan will finance the installation of solar photovoltaic panels on about 1,200 public housing        blocks and 57 government sites, as well as commercial and industrial facilities. The project represents one of the largest renewable energy deployments in Singapore to date. 

The photovoltaic panels will provide power to common areas at the installation sites, contributing to the    Singapore government's objective of achieving a minimum of 2 gigawatt-peak of installed solar capacity by 2030. 

Proprietary smart power meters will also be installed in select public housing estates to gather and track     energy consumption patterns and performance data under HDB's SolarNova programme. Surplus green      energy generated will be injected into the national grid.