Singapore nods to 2 GW of low-carbon power imports from Indonesia

The Energy Market Authority (EMA) of Singapore has granted conditional awards to five projects to import 2 GW of solar power from Indonesia, where a total of 11 GWp of photovoltaic (PV) plants and some 21 GWh of energy storage are set to be installed progressively.

EMA said in a statement that these awards build on two existing energy cooperation pacts between Indonesia and Singapore, as well as a newly-signed memorandum of understanding (MoU) on low-carbon energy and cross-border electricity interconnection between Indonesia’s Ministry of Energy and Mineral Resources and Singapore’s Ministry of Trade and Industry.

The table below gives more information about the new awardees.

These companies will now carry out their marine survey on the proposed route for their subsea power cables, the announcement says.

Pacific Medco Solar confirmed its success in a separate statement, saying that it has been cleared to import 600 MW of price-competitive solar power from Bulan Island in Indonesia. The company will source the electricity from a new 2-GWp solar power complex with 500 MW of battery storage that should be completed by 2028.

With the latest awards, Singapore has a total of 3 GW of conditionally-approved power import deals, as in March 2023 it also authorised Keppel Energy to import 1 GW from Cambodia. This means that the country is now 1 GW away from achieving its 2035 target for up to 4 GW of low-carbon electricity imports.

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