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Tan See Leng warns of electricity price hike in 2022 amid ‘unprecedented storm’ in energy market

SINGAPORE — While most consumers in Singapore will not see an immediate increase in electricity prices, they may see a hike next year as energy prices increase globally, said Second Minister for Trade and Industry Tan See Leng in Parliament on Monday (1 November).

Sunseap gets $85.8m green loan from DBS and UOB for largest clean energy project in Singapore

SINGAPORE – Clean energy solutions provider Sunseap Group has obtained $85.8 million in green financing for its project to install solar photovoltaic (PV) systems across more than 1,200 Housing Board blocks and 49 government sites.

Singapore to strengthen regional collaboration in clean electricity and hydrogen trading: Tan See Leng

SINGAPORE – To support Singapore’s transition to renewable energy sources while ensuring energy security and reliability, the nation will be strengthening its regional and international collaboration in clean electricity and hydrogen trading.

Singapore studying geothermal energy as potential source for power generation

SINGAPORE: Energy from underground heat could help to power cooling systems and water desalination processes in future, as Singapore studies the potential of harnessing geothermal energy.

Sunseap explores solar farms in Indonesia to power Singapore

SINGAPORE, Oct 26 (Reuters) – Companies led by Singapore’s Sunseap Group signed a memorandum of understanding to develop solar power systems in the neighbouring Riau islands of Indonesia to provide electricity for the city-state, Sunseap said on Monday.

Singapore plans electricity imports to boost security, diversify supply

SINGAPORE, Oct 25 (Reuters) – Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security.

Singapore companies ink two deals to import solar power from Indonesia

SINGAPORE – Two Joint Development Agreements (JDAs) were signed on Monday (Oct 25) by Singaporean companies for the import of solar energy from Indonesia.

Singapore seeks proposals to test renewable energy use for Jurong Island – minister

SINGAPORE, Oct 25 (Reuters) – Singapore’s Energy Market Authority (EMA) and JTC Corporation (JTC) will launch a S$6 million ($4.46 million) request for proposal to test renewable energy, energy storage systems and low carbon solutions on its Jurong Island, a minister said on Monday.

Malaysia’s Energy Ministry to limit renewable energy exports to Singapore

KUALA LUMPUR – Malaysia will allow only non-renewable energy exports to neighbouring Singapore, while power sales to the island through self-developed transmission and interconnection facilities will not be allowed, said its Energy Ministry.

Lights out for some electricity retailers in Singapore: Why and what it means for consumers

SINGAPORE: Citing unfavourable market conditions, three electricity retailers have abruptly thrown in the towel in quick succession over the past week, sending shockwaves across Singapore’s electricity market.