- Press Releases
October 25 (Renewables Now) - Singapore’s Sembcorp Industries Ltd (SGX:U96) has teamed up with two Indonesian companies to develop 1 GWp of solar power in Indonesia for the local market and export to Singapore.
The Singapore-based energy and urban solutions provider on Monday said it has signed an exclusive joint development agreement with Batam’s utility company PT PLN Batam and Indonesian renewables developer PT Trisurya Mitra Bersama (Suryagen) to develop a large solar-plus-storage project in Indonesia’s Batam, Bintan and Karimun (BBK) area.
The project will include about 1 GWp of solar capacity and a large-scale energy storage system. It will supply renewable power to the local communities and is proposed to export power via subsea cables to Singapore.
According to the announcement, the signing was attended by Indonesia’s Minister for Energy and Mineral Resources Arifin Tasrif and Singapore’s Minister for Manpower and Second Minister for Trade and Industry Tan See Leng.
Indonesia aims to add 4.7 GW of solar capacity by 2030 under its recently published 2021-2030 electricity procurement plan. It has a target of 23% renewables mix by 2025.
The project is also in line with Singapore’s plan to make use of regional clean energy sources and could support its clean energy transition, Sembcorp Industries said.