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
Add BT as a preferred source
[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
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
