Singapore firms key to powering Indonesia’s green energy goals: envoy
Singapore’s ambassador to Indonesia Kwok Fook Seng says energy is a cornerstone of the deepening ties between the two nations
[JAKARTA] Singapore’s green energy ambitions are set to power up, with seven consortiums exploring renewable-energy projects in Indonesia, and leveraging expanded industrial zones and strengthened bilateral partnerships to drive growth and clean energy leadership in the region.
In a recent interview with The Business Times, Singapore’s ambassador to Indonesia Kwok Fook Seng disclosed that these consortiums are actively exploring opportunities to set up onshore renewable-energy assembly facilities in Indonesia, and aiming to export clean energy to Singapore.
This development aligns with Indonesia’s stringent local content regulations, which require foreign investors to build local assembly operations for renewable energy infrastructure.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
