Indonesia and Singapore advance low-carbon energy deals

Quick Summary:

Singapore is set to import 3.4 gigawatts of low-carbon electricity from its neighbour, following substantive progress made by seven Indonesia-based projects.

These imports will help the republic to decarbonise its power sector.

Of the seven companies, five were awarded with conditional licences, and are set to export a total of 2 GW of low-carbon electricity to Singapore from 2028.

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Article Details

Author / Journalist: Yajie Yang

Category: EconomyBusiness

Markets: SingaporeIndonesiaMalaysiaThailand

Topics: Energy transition Renewable energy Energy Energy security Clean energy Decarbonisation MOU

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 03:04:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 967 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Eco-Business

News ID: 22446220

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About Eco-Business

Main Topics: EconomyBusiness

Official Website: eco-business.com

Update Frequency: 3 posts per day

Year Established: 2009

Headquarters: Singapore

News Last Updated: 1 days ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #100

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