Indonesia agrees to export 2 Gigawatts low-carbon electricity to Singapore

Jakarta, The Gulf Observer: Indonesia is ready to export 2 gigawatts of clean, low-carbon electricity to Singapore with the signing of a memorandum of understanding (MoU) between Indonesian and Singaporean companies.

The MoU signing was witnessed by the deputy for infrastructure and transportation coordination at the Coordinating Ministry for Maritime Affairs and Investment, Rachmat Kaimuddin, and Singaporean Deputy Minister of Trade and Industry, Tan See Leng, at the Indonesia Sustainability Forum in Jakarta on Friday.

“We hope that this collaboration will bring opportunities for Indonesia to become a major player as a global hub for the solar photovoltaic (PV) industry and provide more alternatives for the solar PV supply chain in the world,” Kaimuddin said.

Singapore will import 4 gigawatts of low-carbon electricity by 2035 — 50 percent of which will come from Indonesia, he informed.

According to him, the cooperation between Indonesia and Singapore involves a framework for enabling commercial projects to develop carbon energy and cross-border electricity trade and interconnection between the two countries.

Deputy Minister Leng said that the MoU is proof of a long-term and comprehensive partnership.

“Such projects involve quite large investments and will strengthen trade relations between Indonesia and Singapore,” Leng noted.

The Indonesian companies that will be involved in the low-carbon electricity export are the Pacific Medco Solar Energy consortium, PT Adaro Clean Energy Indonesia, and PT Energi Baru TBS.

The Singaporean companies are Seraphim Solar System, Long Solar Technology, IDN Solar, Sungrow, and PT Huawei Tech Investment.

Collectively, the companies have proposed to install around 11 gigawatts of solar PV capacity and 21 gigawatts of battery energy storage in Indonesia