An Emirati welcome to help countries in their journey towards clean energy

Masdar explores opportunities to export renewable energy from Indonesia to Singapore

Masdar entered the Indonesian market in 2020. Archive

The Abu Dhabi Future Energy Company (Masdar), announced the signing of a memorandum of understanding with the Singaporean Twas Power, French EDF Renewables and PT Indonesia Power to explore opportunities for developing renewable energy projects in Indonesia and exporting them to other countries. Singapore.

energy projects

The agreement includes the development of photovoltaic solar energy projects with a total production capacity of 1.2 gigawatts, with the possibility of providing them with energy storage technology.

A statement issued yesterday said that Singapore is looking to import up to 4 gigawatts of low-carbon electricity by 2035, which will constitute 35% of its total supply, at a time when the Energy Market Authority in Singapore issued a request for proposal last October, to appoint suppliers to import and sell about 1.2 gigawatts of electricity for the market in Singapore.

Indonesian capabilities

The UAE Ambassador to Indonesia and ASEAN, Abdullah Salem Al Dhaheri, said that the UAE is keen to cooperate with countries in Asia to help them achieve energy transformation and achieve their desired climate goals, pointing out that Indonesia has enormous potential in the field of renewable energy, in What Masdar contributes to supporting the development of its renewable energy sector.

"We also look forward to contributing to Singapore's efforts to achieve its clean energy goals," he added.

Singapore Support

In turn, the UAE Ambassador to Singapore, Jamal Abdullah Al-Suwaidi, said that Singapore has realized its need to diversify its energy mix, as it looks forward to cooperating with other countries to help it in its journey towards promoting clean energy reliance.

He added, "We welcome this opportunity that allows us to support the achievement of Singapore's energy goals, consolidate relations between the UAE, Indonesia and Singapore, and enhance cooperation between them to confront climate change."

Join "Masdar"

In the same context, the CEO of "Masdar", Muhammad Jamil Al Ramahi, said that "Masdar" is proud to join this consortium, and to harness the experience gained through its projects spread in 40 countries to contribute to the success of this cross-border project.

"We look forward to working with all parties involved in the coalition, and we are confident that this ambitious initiative will be an important step towards building a more sustainable future for Indonesia, Singapore and the region as a whole," he added.

Indonesian market

Masdar entered the Indonesian market in 2020 by establishing a joint venture with the Electricity Utility Company BTP Jawa Bali, a subsidiary of the State Electricity Corporation in Indonesia, to undertake the development of the Shirata Floating Solar PV Plant, the first of its kind. its kind in Indonesia.

Masdar announced the completion of the contract to finance the project last August, and the plant is expected to start commercial operation in the fourth quarter of 2022.

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