Image: Danila Kropotkin, Unsplash
Singapore-based Vena Energy, in partnership with Shell Eastern Trading, China’s Trina Solar and Gurin Energy’s Vanda RE, is working on clean energy projects in Indonesia‘s Riau Islands to meet Singapore’s energy needs.
Vena Energy and Shell have received conditional approval from the Singapore Energy Market Authority to import 400 MW of renewable energy from the Riau Islands.
Vena Energy’s projects in Indonesia include a planned 2 GW solar and 8 GWh battery energy storage system in the Riau Islands, which is expected to supply 2.6 TWh of green energy to Singapore annually.
Vena Energy CEO Nitin Apte reaffirmed the company’s commitment to supporting Singapore’s sustainable energy goals.
“This project serves as a model of cooperation between Singapore and Indonesia, generating valuable investment opportunities and propelling both countries towards a more sustainable and prosperous future,” Apte said.
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