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Issue 61: Sembcorp’s green conundrum; exploring nuclear financing in Asean

Kenneth Lim
Published Fri, Aug 11, 2023 · 07:00 PM
    • Renewables account for more of Sembcorp’s energy capacity than conventional power but contribute less profit.
    • Renewables account for more of Sembcorp’s energy capacity than conventional power but contribute less profit. ILLUSTRATION: KENNETH LIM

    In this issue: Sembcorp is approaching a crossroads on its sustainability targets, while nuclear power might need more than sustainable financing to take off in South-east Asia.

    Singapore

    Sembcorp’s greener portfolio isn’t as lucrative

    Energy and urban development group Sembcorp Industries’ “Brown to Green” transition hit a milestone in the first half of 2023, with attributable renewables capacity surpassing conventional energy capacity for the first time.

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