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Week In ASEAN: Tuas Power, PT Indonesia Power, And Others Signs MoU; Philippines Clears 62 Solar Projects Of 1.3 GW; And More

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Masdar, EDF Renewables, Tuas Power, And PT Indonesia Power Signs MoU

Tuas Power, EDF Renewables, PT Indonesia Power, and Masdar sign Memorandum of Understanding (MoU) to develop clean energy in Indonesia and will export that to Singapore. This partnership will develop 1.2 GW of solar photovoltaic capacity with the required storage system. EDF Renewables is the global renewable energy affiliate of the Group. It is present in 20+ countries, under the brand EDF Renewables, the company develops, builds, and operates renewable power plants. Incorporated in March 1995, Tuas Power is one of Singapore’s leading power generation companies and a key provider of energy solutions, multi-utilities, and environmental services.

Philippines Clears 62 Solar Projects Of 1.3 GW

Recently, the Philippines’ Department of Energy (DoE) published a list of all the operational renewable energy projects, eligible for renewable portfolio standards (RPS). This mandates electricity providers of the Philippines to provide the agreed capacity of energy supply from its renewable energy projects. The list comprises 6 geothermal power plants of 218.5 MW, 7 wind farms projects of 409.9 MW, 36 hydropower of 412.8 MW, 36 biomass projects of 264.8 MW, and 62 solar projects of 1,312.9 MW. The solar power projects range from 0.21 to 100.6 MW capacities. Approximately 8.5 GW of renewable energy projects took part in the process of selection.

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Gen X Energy Partners With ACE Enexor For Green Hydrogen

Gen X Energy partners with ACE Enexor Inc. to develop an 1100 MW combined cycle power plant which is Batangas Clean Energy. The project will use green hydrogen and natural gas as fuel. Both the companies have a 50% stake in Batangas Clean Energy. The plant will help the Philippines to meet the growing demand for energy and reduce the reliance of the country on coal-fired power systems. The project will be located in Batangas Bay Area, the Philippines near the load center of Metro Manila. ACEN’s aspiration is to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 5,000 MW of renewables capacity by 2025. 

Singapore Keen To Partner With UAE On Low-Carbon Economy

Singapore shows keen interest to partner with UAE for new projects and solutions and to achieve a low-carbon economy. Another area of interest is UAE’s net-zero strategy. Grace Fu Hai Yien, Minister for Sustainability and the Environment of the Republic of Singapore said that UAE has strategies and ideas to decarbonize the economy and Singapore is heading there. She was visiting the UAE for the Abu Dhabi Sustainability Week (ADSW). Last year, UAE became the first country in the MENA region to announce net-zero carbon emissions by 2050. Singapore has also committed to half its emissions by 2050.

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Nickel Mines Signs A Deal To Develop 200 MWp Solar Farm Project

Nickel Mines (NIC) signs an agreement to develop a 200 MWp solar farm project in the Indonesia Morowali Industrial Park (IMIP) in the south of Central Sulawesi Province. The ‘Project Initiator’ of the project will be PT Sumber Energi Surya Nusantara (SESNA) who will own, build, commission, finance, and operate the solar farm project. NIC is planning to utilize green energy which will provide power to its nickel processing operations in the country. SESNA will finalize and deliver the project proposal in the coming 3 months and after that NIC can either terminate the agreement or proceed with it at its discretion.

Metronic Signs PPA For 4 MWp Solar PV In Malaysia

Metronic World Berhad, an engineering firm in Malaysia signs a power purchase agreement (PPA) with Technology PP Industries (Northern) Sdn Bh and Sinaran PPA to will build a 4 MWp photovoltaic project. The PPAs were signed for 25 years duration and tariffs would be MYR 0.23 (USD 0.055/EUR 0.048) per kWh. Sinaran PPA which is 70% owned by Metronic World will build a 3121 kWp PV plant in the Sungai Petani in Kedah and will design, develop, finance, construct, commission, operate, own, and maintain the Solar PV project to deliver to Technology PP.

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