Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy (RE) export to Singapore, supplying 50 MW of electricity. This initiative follows the Energy Exchange Malaysia (Enegem) auction in June 2024 and aligns with Malaysia’s Cross-Border Electricity Sales for Renewable Energy Scheme.
The energy will be delivered via existing Malaysia-Singapore interconnections. The initiative aims to leverage higher pricing in Singapore to fund Malaysia’s decarbonisation efforts, including renewable energy adoption and grid enhancements.