Sembcorp Industries and the Energy Market Authority (EMA) have inaugurated the Sembcorp Energy Storage System (ESS), the largest ESS in Southeast Asia, which spans two ha of land on Jurong Island, Singapore.
The utility-scale ESS in Banyan and Sakra region has a maximum storage capacity of 285 MWh and can cover the daily electricity requirements of about 24,000 four-room HDB households with a single discharge. Its ability to store and supply power in milliseconds is vital for minimizing solar intermittency in Singapore's tropical climate, which is caused by changeable weather conditions. The ESS is an integrated system comprising more than 800 large-scale battery units and includes liquid cooling systems or built-in air conditioning systems to maintain optimal operating temperatures. It can also supply power grid reserves, freeing up power-producing plants to fulfill demand when needed.
The system was commissioned in six months and began operations in December 2022.
Sun Cable has completed an AUD210 million (USD151.07 million) Series B capital raise to fund the development work of the Australia-Asia PowerLink (AAPowerLink) project.
Read moreIndonesian Government announced that it has recommended the AAPowerLink route through Indonesian waters, approved the subsea survey permit and welcomes Sun Cable’s investment in Indonesia.
Read moreSingapore’s WEnergy Global, ICMG Partners and Greenway Grid Global have announced that they have formed a Singapore-based investment entity of US$60 million that will finance and operate renewable energy projects in Southeast Asia, of which US$20 million has been made available for short term deployment.
Read moreGreen Investment Group (GIG), Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from Conergy Asia & ME.
Read moreGreenko Energy Holdings (Greenko) has announced that it has entered into a definitive purchase agreement with AT Capital Group for the acquisition of Orange Renewables Singapore, for a total enterprise value of approximately US$922 million.
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