Singapore’s Energy Retailer Tuas Power has formed a partnership with Masdar, a UAE-owned renewable energy company based in Abu Dhabi, as well as French renewable energy producer EDF Renewables [EDF:FP], and PT Indonesia Power to develop solar facilities in Indonesia with a maximum capacity of 1.2 gigawatts (GW), as reported by PV Tech on January 19. The solar installations will transmit electricity to Singapore from Indonesia. As of now, the four foreign corporations did not give a specific schedule for the projects.
Singapore’s Energy Market Authority announced in October 2021 that the country was looking for a supplier for 1.2 GW of electricity imports. By 2035, Singapore plans to import up to 4 GW of electricity, which accounts for one-third of the country’s total supply. Another consortium of companies, led by Singaporean solar developer Sunseap Group, has signed a memorandum of understanding (MOU) in October to develop a 7 gigawatt-peak (GWp) photovoltaic project in Indonesia that would send electricity to Singapore via underwater cables. The project will be one of Southeast Asia’s largest cross-border interconnection clean energy projects, with numerous energy storage systems totaling more than 12 gigawatt-hours (GWh). Renewable energy, such as solar, will account for 51.6% of Indonesia’s new energy supply by 2030, according to the Indonesian government.