Indonesia’s US$5 billion plan to send clean power to Singapore
- Proposals to construct solar and battery storage facilities in Indonesia’s Riau Islands, connected to Singapore via undersea cable, have been submitted
- Singapore generates about 95 per cent of its electricity from imported gas; aims to import enough clean energy to meet 30 per cent of its needs by 2035
Renewable energy developer Quantum Power Asia Pte agreed to advance a potential US$5 billion plan to export clean electricity to Singapore as the city state attempts to accelerate its use of renewables.
Quantum and Berlin-based partner Ib Vogt GmbH aim to construct a 3.5 gigawatt solar facility and 12 gigawatt-hour battery storage facility across 4,000 hectares of land in Indonesia’s Riau Islands, the companies said Tuesday in a joint statement. The project would be connected to Singapore via undersea cable.
Singapore, which currently generates about 95 per cent of its electricity from imported gas, is aiming to import enough clean energy from overseas to meet 30 per cent of its needs by 2035.
Quantum and Ib Vogt’s Anantara joint venture is among firms to have submitted proposals to Singapore’s Energy Market Authority, which plans to approve a slate of projects for renewable power imports.
Projects to deliver renewable hydropower from Laos via Thailand and Malaysia, and a giant undersea cable to bring in solar electricity from the North of Australia are among other solutions put forward for Singapore.