A consortium led by Sunseap Group has signed a memorandum of understanding (MoU) to develop 7 GWp of solar photovoltaic (PV) projects in Indonesia to transport energy to Singapore via a proposed subsea cable. Other signatories of the MoU include Sumitomo Corporation, Samsung C&T Corporation, Oriens Asset Management, and Durapower.
The proposed solar and storage facilities will be developed in the Riau Islands, and will include Sunseap’s previously announced 2.2 GWp floating solar facility on the island of Batam. Durapower will provide energy storage facilities for the project. The initiative will be one of Southeast Asia’s (SEA) key cross-border interconnected clean energy projects, with multiple energy storage systems totalling more than 12 GWhr.
The consortium expects to gain economies of scale by connecting multiple solar PV projects on different islands in Indonesia. This move come after the Government of Singapore announced its plans to import up to 4 GW of electricity by 2035, accounting for almost one-third of its overall supply. The consortium hopes to be one of the parties to help meet 20-25 per cent of Singapore’s low-carbon electricity imports.