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A $5 Billion Plan May Bring Indonesia’s Solar to Singapore

  • Developers Quantum Power Asia, Ib Vogt to study proposals
  • Project is latest vision to help city-state reduce emissions
Wind Turbine And Solar Panels
Photographer: Mikael Sjoberg/Bloomberg
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Renewable energy developer Quantum Power Asia Pte agreed to advance a potential $5 billion plan to export clean electricity to Singapore as the city-state attempts to accelerate its use of renewables.

Quantum and Berlin-based partner Ib Vogt GmbH aim to construct a 3.5 gigawatt solar facility and 12 gigawatt-hour battery storage facility across 4,000 hectares of land in Indonesia’s Riau Islands, the companies said Tuesday in a statement.