Week In ASEAN: Indonesia And Denmark Sign Green Cooperation Agreement; And More

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Indonesia and Denmark Sign Green Cooperation Agreement

Indonesia has signed an extensive green cooperation agreement with Denmark to help boost its green and sustainable development goals, emphasizing the green transition and energy efficiency. The agreement was sealed during Denmark’s Minister for Foreign Affairs Jeppe Kofod’s visit to Indonesia. The pact ensures closer Danish-Indonesian cooperation towards achieving the UN Sustainable Development Goals with a focus on expanding cooperation in the fields of energy, food & agriculture, waste management, as well as building a circular economy.  Foreign Minister Jeppe Kofod met his Indonesian counterpart in the capital city of Jakarta to discuss the means for fighting climate change as well as building economic and security cooperation.

Sunseap to Power Hyundai Motor’s Upcoming Innovation Centre with Clean Energy

Sunseap Group said today that it will provide clean energy for the new Hyundai Motor Group Innovation Centre in Singapore (HMGICS), which will house the first electric vehicle manufacturing facility in Singapore. Under a 20-year solar power purchase agreement, Sunseap will install a 1.39 MWp solar energy system on the rooftop of the seven-storey Hyundai Motor Group Innovation Centre by July 2022. The system can generate an estimated 1.76 GWh of electricity annually and is equivalent to avoiding 1,247 metric tons of carbon emissions or offsetting the energy consumption of 408 four-room HDB flats.

Cleantech Solar, Berli Dynaplast Sign Agreement For 2.3 MW Solar System in Lopburi, Thailand

Cleantech Solar, a leading provider of renewable energy solutions to corporations in Southeast Asia and India, announces the commissioning of a 1 MWp rooftop solar PV system for Berli Dynaplast Company Limited’s facility at their manufacturing plant in Lopburi, Thailand. Cleantech Solar has also taken this partnership forward by agreeing to expand the existing system by a further 1.4 MWp. This long-term partnership between Cleantech Solar and Berli Dynaplast Company Limited is expected to generate approximately 72,320 MWh of clean energy during the system’s lifetime, amounting to a reduction of 41,160 tonnes of CO2 emissions. 

BCPG Won “Battery Storage Deal of The Year” from The Asset Triple A Infrastructure Awards 2021

BCPG Public Company Limited, a leading renewable energy company in Thailand and Asia-Pacific, won “Battery Storage Deal of The Year” from The Asset Triple A Infrastructure Awards 2021 by The Asset, Hong Kong’s financial magazine. The award indicates BCPG’s success in financing its 10-MW wind power project, LomLigor, with the total financial support of THB 616.1 million. BCPG’s LomLigor Project is located in Pak Panang district, Nakhon Si Thammarat province, Southern Thailand. It is the first wind farm in Thailand to adopt Energy Storage System (ESS), with a total production capacity of 1.88 MWh, as the solution to the intermittency of wind power.

SUN Energy Raises USD25 Million Series A Funding to Develop RE Projects in Indonesia

Singapore-based SUN Energy has closed their Series A funding round of USD25m, valuing the company at USD200m. The round was led by leading conglomerates in SE Asia including Indonesia’s premier integrated energy company, TBS Energy Utama, through its subsidiary, PT Toba Bara Energi (TBAE). PT Delta Dunia Makmur (DOID), the holding company of BUMA which is one of the largest mining contractors in Indonesia, and a group of prominent entrepreneurs in the region also participated in the round. SUN Energy will utilize Series A proceeds to further develop projects in Indonesia, expand capacity in the region and strengthen the company’s platform which is at the forefront of Indonesia’s energy transition movement.

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