Sunseap Group headed a consortium that signed an MOU (memorandum of understanding) with a range of local and international collaborators on Tuesday (October 26) to explore and construct solar power facilities with a cumulative capacity of 7 GWp (gigawatt-peak) around Indonesia’s Riau Islands. The 7 GWp capacity is going to be built in stages over time, and the energy produced will meet Singapore’s energy needs. As per Sunseap, this will allow the Riau islands to assist and launch a variety of green initiatives in industries such as data centers and zero-carbon electronics manufacturing.
The MOU was signed at the Sands Expo and Convention Centre as part of the Asian Clean Energy Summit, and it covers the group’s previously disclosed 2.2GWp floating solar photovoltaic (PV) project in Duriangkang, Batam. The consortium has also been contemplating Combol for the project, in addition to Batam. Indonesian firms PT Agung Sedayu and PT Mustika Combol Indah, Japan’s Sumitomo Corporation, Singapore-centered private equity investment company Oriens Asset Management, Korea’s Samsung C&T Corporation, American battery manufacturer ESS, and Singapore tech firm Durapower Group are among the MOU parties. Sunseap said in a press release that the arrangement is part of one of Southeast Asia’s largest cross-border interconnect green power projects and that it will help Singapore and Indonesia reach their green ambitions.
The project’s purpose is to supply 1 gigawatt (GW) of the non-intermittent low-carbon renewable power for Singapore and Indonesia via a proposed new undersea power line, which will be combined with numerous energy storage systems aggregating more than 12 GW hours. To accomplish economies of scale and even further optimize the capacity of a newly proposed subsea cable to Singapore, the consortium plans to connect solar PV systems from various islands. It also aspires to meet Singapore’s low-carbon electricity import requirements of 1.2 GW by 2027 and 2.8 GW by 2035. In doing so, the consortium will contribute to meeting 20 to 25% of Singapore’s aimed 4 GW of low-carbon electricity imports.
“By connecting numerous solar islands to generate a 7 GWp system ultimately, we are ready to optimize the subsea cable further, resulting in lower transmission costs and thus bringing more affordable low-carbon renewable energy to everybody in Singapore and Indonesia,” stated Frank Phuan, Sunseap’s co-founder and CEO.
The cross-border clean energy interconnects project, according to Phuan, will be “among the most consequential” for Indonesia and Singapore. “Through this partnership, the combined generation capability will be able to create and transport 1GW of the non-intermittent sustainable energy for both Indonesia and Singapore,” he added.