Singapore

The project is supported by a 25-year PPA with the Saudi Power Procurement Company.

Incumbent gencos are grappling with overcapacity and excess gas supply.

The 4,500km transmission network is set to be the world’s longest high voltage cable.

It said it has explored the possibility with EMA but currently sees no need for it.

Growth for power producers lies in innovations geared towards grid transition, according to S&P Global Ratings.

Costs of solar, wind and storage projects could decline over 3% annually over the next decade.

Solar projects in the pipeline are few whilst wind projects are expected to accelerate.

The system can identify rust on bolts and even missing tower parts.

They will be modelled after renewable hybrid energy plants in Palawan.

Its total wind curtailment has declined to 7% of total generation in 2018.

Its dependence on imports could exceed 80% in 2040, up from 65% today.

It is marketed at a price of 17.66 cents/kWh.

The government is exploring vertical solar panel installations.

It also fully automated its digital REC trading platform.

Almost 300 years since the discovery of electricity, 65 million of Southeast Asia’s population still goes without access to the electrical grid. At nightfall, millions continue to burn firewood to heat their homes and light up the darkness. The lack of energy presents a barrier to the region, holding back progress on many levels such as food security, health, education, work and poverty reduction. Yet the next frontier in Southeast Asia’s efforts to sustainably and efficiently power its communities – rural and urban – is already within reach: lithium-ion batteries.

Only 1,500MW entered construction in H1 2019, following 2,744MW in 2018.