, Singapore
1260 views
The 60MWp Sembcorp Tengeh Floating Solar Farm. | Sembcorp Industries Image

Sembcorp terminates solar energy, battery project in Indonesia

The agreement was signed with PT PLN Batam and PT Trisurya Mitra Bersama. 

Sembcorp Industries (Sembcorp) has terminated its agreement with PT PLN Batam and PR Trisurya Midtra Bersama for solar energy and storage development in Indonesia. 

The Joint Development Agreement, signed in October 2021, provided for the development of a large-scale integrated solar and energy storage project in Indonesia. 

Read more: SG, Indonesia deepen renewable energy collaboration

“Sembcorp remains committed to supporting ASEAN's energy transition with reliable clean energy supply,” the statement read in part.  

“The company continues to develop, and is engaged in a number of initiatives, to import energy from the region.”

The mutually agreed termination of the JDA also effectively dissolves the consortium. 


 

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

India issues 1,870 MW renewable energy tenders in November
Major investments fuel hybrid projects and battery storage, stabilising India's grid.
Sri Lanka secures $100m loan for power sector reform
Unbundling the CEB boosts financial sustainability and opens the door for renewables.
Solar profitability rises 9% in Southeast Asia with battery integration
Stable policies and foreign investment are vital to unlock the region's solar potential.
ADB approves $650m loan to accelerate India's solar deployment
Policy reforms and loans will remove financial barriers to solar installation.