Latest news with #ASEANPowerGrid
Yahoo
18 hours ago
- Business
- Yahoo
SGEI and Singa plan subsea electricity link from Indonesia to Singapore
Singapore Energy Interconnections (SGEI) and Singa Renewables, a joint venture between TotalEnergies and RGE, have formalised a memorandum of understanding (MoU) for the joint development of a subsea electricity interconnector between Singapore and Indonesia. The collaboration aims to enhance regional energy integration and the growth of renewable energy within the ASEAN region. The MoU was presented in the presence of government officials from Singapore and France during French President Emmanuel Macron's state visit to Singapore. TotalEnergies Renewables APAC head of business development Gregory Thomassin stated: 'We welcome SGEI to the Singa project, enhancing the resilience and viability of the interconnector and the entire project. Our combined expertise will improve energy access and security for Indonesia and Singapore, ensuring a reliable and sustainable energy future.' The agreement outlines the joint effort in planning, financing, constructing and maintaining the interconnector assets for low-carbon electricity imports to Singapore from Indonesia. The interconnector project is central to Singapore's aim of importing up to six gigawatts (GW) of low-carbon electricity by 2035. SGEI CEO Ong Teng Koon stated: 'SGEI is pleased to partner with Singa and bring together our complementary strengths to develop an interconnector between Singapore and Indonesia. 'The interconnector project will play a crucial role in enabling clean energy imports into Singapore while contributing to win-win outcomes for Indonesia and Singapore.' The initiative also bolsters the ASEAN Power Grid (APG) vision, which seeks to interlink the power systems of member states, fostering cross-border electricity trade and improving energy access across the region. RGE global head of renewable energy William Goh stated: 'In partnering with Singapore Energy Interconnections, we look forward to advancing the development of critical infrastructure to deliver reliable, low-carbon energy to Singapore and enable a greener and more connected energy future for the region.' The Energy Market Authority (EMA) of Singapore has granted Singa Renewables a conditional licence to import 1GW of renewable energy from Indonesia. This follows a co-investment agreement between the companies to develop a hybrid renewable power plant in Indonesia's Riau Province. The planned power plant will supply clean energy to Singapore and to industrial areas near the solar site in Indonesia. "SGEI and Singa plan subsea electricity link from Indonesia to Singapore" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
The Sun
3 days ago
- Business
- The Sun
Anwar, Singapore leaders discuss key bilateral issues
SINGAPORE: Prime Minister Datuk Seri Anwar Ibrahim discussed key bilateral issues with Singaporean leaders, including border and maritime affairs, renewable energy, and regional initiatives such as the ASEAN Power Grid, as he wrapped up his one-day working visit, here. Anwar paid a courtesy call on Singapore President Tharman Shanmugaratnam at The Istana and also held a bilateral meeting with his counterpart, Prime Minister Lawrence Wong, before flying home. 'We also reviewed ongoing projects, such as the Johor Bahru-Singapore Rapid Transit System (RTS) Link, set for completion by late 2026, and the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to boost regional growth,' he posted on Facebook. Anwar is optimistic that the visit will strengthen cooperation between Malaysia and Singapore for mutual benefit. Meanwhile, Wong, in a Facebook post, said he looked forward to continuing the two countries' close partnerships for the benefit of the people. During the visit, Anwar delivered a special address at the 22nd Shangri-La Dialogue. He also received courtesy calls from United States Secretary of Defence Pete Hegseth and Boeing Global President Dr Brendan Nelson.
Barnama
3 days ago
- Business
- Barnama
Anwar, Singapore Leaders Discuss Key Bilateral Issues
By Nur Ashikin Abdul Aziz SINGAPORE, May 31 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim discussed key bilateral issues with Singaporean leaders, including border and maritime affairs, renewable energy, and regional initiatives such as the ASEAN Power Grid, as he wrapped up his one-day working visit, here. Anwar paid a courtesy call on Singapore President Tharman Shanmugaratnam at The Istana and also held a bilateral meeting with his counterpart, Prime Minister Lawrence Wong, before flying home. 'We also reviewed ongoing projects, such as the Johor Bahru-Singapore Rapid Transit System (RTS) Link, set for completion by late 2026, and the Johor-Singapore Special Economic Zone (JS-SEZ), which is expected to boost regional growth,' he posted on Facebook. Anwar is optimistic that the visit will strengthen cooperation between Malaysia and Singapore for mutual benefit. Meanwhile, Wong, in a Facebook post, said he looked forward to continuing the two countries' close partnerships for the benefit of the people. During the visit, Anwar delivered a special address at the 22nd Shangri-La Dialogue. He also received courtesy calls from United States Secretary of Defence Pete Hegseth and Boeing Global President Dr Brendan Nelson. -- BERNAMA
The Sun
3 days ago
- Business
- The Sun
Sarawak steps up role in ASEAN Power Grid, expands RE vision
OSAKA: Sarawak is stepping up a plan to integrate Borneo into the ASEAN Power Grid (APG), underlining its commitment to regional energy cooperation, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said Sarawak has been supplying electricity to West Kalimantan, Indonesia, since 2016 and is currently in the process of supplying power to Brunei. 'We will play our part to contribute to the APG. Sarawak is also actively enhancing its grid infrastructure to strengthen power distribution across the state and beyond,' he said after the opening ceremony of the Malaysia Pavilion at Expo 2025 Osaka, Japan, today. Besides renewable energy (RE), Awang Tengah said Sarawak is transforming its industrial landscape through strategic diversification into hydrogen, carbon capture, utilisation and storage, oil and gas (O&G), petrochemical products, and aerospace. These developments complement the sustainable O&G sector and expansion into high-value petrochemical downstream activities, leveraging advanced technologies and sustainable practices, he said. 'Sarawak is shaping a dynamic economic hub in Southeast Asia, balancing economic growth and environmental responsibility while achieving long-term prosperity,' said Awang Tengah. He said Sarawak is going to be the hub for RE, anchored in hydropower as it has the potential to generate at least 30,000 megawatts (MW) or 30 gigawatts (GW), if fully developed. Currently, Sarawak is targeting an increase in its generating capacity to 10,000 MW or 10 GW by 2030, and to 15,000 MW or 15 GW by 2035. 'Apart from hydropower potential, there is also huge potential for us to develop this RE through solar power and bio-energy from biomass and waste,' he explained. Awang Tengah also revealed that Sarawak will be hosting Sarawak Week with the theme 'Sustainability for Tomorrow' at the Malaysia Pavilion for the World Expo Osaka from August 4-10. The Malaysia Pavilion at Expo 2025 Osaka spans 2,654.52 square meters across three floors, reflecting the nation's diverse culture and dynamic economy. With the theme 'Weaving a Future in Harmony', the pavilion highlights Malaysia's commitment to a sustainable, inclusive and forward-looking future. The pavilion also serves as a hub for international collaboration and dialogue, as well as pocket talks, product launches, memorandum of understanding signings and business matching sessions. It will also host forums, summits, and networking events that would position Malaysia as a dynamic global partner.
Borneo Post
3 days ago
- Business
- Borneo Post
Sarawak Energy signs MOU with Japan's JBIC to advance clean energy interconnectivity
Fadillah (middle), Awang Tengah (back row, left) and Liew (back row, right) witness the MOU signing and exchange between Sarawak Energy's Suhaili (foreground, far left) and JBIC's Sekine (foreground, far right) on Saturday. – Bernama photo OSAKA (May 31): Sarawak Energy and the Japan Bank for International Cooperation (JBIC) formalised a Memorandum of Understanding (MoU) on Saturday to collaborate on renewable energy development, enhancement of cross-border energy infrastructure and technical knowledge exchange. The partnership reinforces ongoing effort to support Southeast Asia's energy transition while advancing regional interconnectivity and sustainability efforts. The signing ceremony took place after the official opening of the Malaysian Pavilion at Expo 2025 Osaka, which was officiated by Malaysia's Deputy Prime Minister, Datuk Seri Fadillah Yusof. Sarawak Energy's group chief executive officer, Datuk Sharbini Suhaili, signed the MOU alongside JBIC's managing executive director, Sekine Hiroki. Also present were Deputy Premier of Sarawak, Datuk Amar Awang Tengah Ali Hasan; Deputy Minister of the Ministry of Investment, Trade, and Industry Liew Chin Tong; Ambassador of Malaysia to Japan, Datuk Shahril Effendi Abd Ghany; MITI Deputy Secretary General (Industry) Datuk Hanafi Sakri; and Malaysia Pavilion director Ellyza Mastura Amhad Hanipiah. The MOU establishes a framework for strategic collaboration between Sarawak Energy and JBIC to advance renewable energy initiatives and enhance regional interconnectivity. 'Sarawak is stepping up its plan to deeply integrate Borneo into the ASEAN power grid,' Awang Tengah commented during a press conference after the MOU signing. 'Sarawak is also actively enhancing its grid infrastructure to strengthen power distribution across the state and beyond. 'Besides renewable energy, Sarawak is transforming its industrial landscape through strategic diversification into hydrogen, carbon capture, utilisation and storage (CCUS), oil and gas, petrochemical products, and aerospace. 'These developments complement the sustainable oil and gas sector and expansion into high-value petrochemical downstream activities with advanced technologies and sustainable practices.' The Sarawak Deputy Premier said this is shaping a dynamic economic hub in Southeast Asia, balancing economic growth and environmental responsibility while achieving long-term prosperity. 'Today's signing of an agreement between Sarawak Energy and the Japanese Bank for International Cooperation will partly enhance our collaboration. 'In this respect, I would like to invite more Japanese companies to invest and participate in Sarawak's economic development agenda.' Aligned with the ASEAN Power Grid initiative and the Asia Zero Emission Community (AZEC), the partnership contributes meaningfully to long-term sustainability and strengthens regional cooperation. Both organisations will engage in ongoing dialogue and explore joint opportunities that support Sarawak Energy's long-term growth strategy and Southeast Asia's broader decarbonisation efforts. The MOU signing was coordinated with the support of the federal Ministry of Investment, Trade and Industry, and Sarawak's Ministry of Utility and Telecommunication, through the Ministry of International Trade, Industry and Investment Sarawak.
