Picture of Sembcorp Industries logo

U96 — Sembcorp Industries News Story

0.000.00%
sg flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

Singapore's Sembcorp receives approval for 300 MW renewable power import project with Malaysia (updated)

UPDATE 1-Singapore's Sembcorp receives approval for 300 MW renewable power import project with Malaysia

Adds detail in bullets

- Singapore's Sembcorp Industries SCIL.SI said on Friday that its subsidiary has been given conditional approval from the country's Energy Market Authority for a 300-megawatt renewable project that will deliver power to Singapore from Malaysia.

Here are the details:

  • In a press release, Sembcorp said the project will be supported by a floating solar photovoltaic system with potential peak capacity of approximately 2.2 gigawatts and providing 4.3 gigawatt-hours of battery energy storage.

  • The project is expected to be operational in 2029.

  • Sembcorp will partner with state-owned KPRJ Environment and Qua Energy on the project.


(Reporting by Jun Yuan Yong; Editing by David Stanway)

((junyuan.yong@thomsonreuters.com))

Recent news on Sembcorp Industries

See all news