Sembcorp Industries (Sembcorp) U96 has announced that its wholly-owned subsidiary Sembcorp Solar Singapore has been awarded a solar deployment tender on Jurong Island by JTC with a contracted capacity of 117 megawatt peak (MWp).
Equivalent to some 80MW, the tender is the largest project by capacity awarded by a public sector agency in Singapore to date. The solar deployment on Jurong Island will cover 60 ha of interim vacant land and the rooftops of five JTC buildings, including the Jurong Rock Caverns above-ground facilities and Jurong Island Checkpoint.
JTC's move to boost solar power generation in industrial estates will increase the total solar generation capacity on Jurong Island from 25.2MWp to 142.2MWp, equivalent to powering over 33,400 4-room HDB flats annually and reducing over 63,220 tonnes of carbon emission per year.
As part of the tender, JTC will also collaborate with Sembcorp Solar Singapore to develop a Virtual Power Plant (VPP) solution for Jurong Island. The VPP will serve to integrate data from distributed energy resources such as solar and energy storage systems and allow for energy management through real-time data monitoring, analytics, as well as the optimisation of energy assets. With this digital energy management platform, energy generation and load consumption data from the VPP can be aggregated and the usage of DERs can be optimised to increase the efficiency and flexibility of the main grid.
Tan Chee Kiat, JTC's chief sustainability officer, says: “This award marks a pivotal step towards maximizing solar deployment on Jurong Island. For a collective effort, we are actively promoting solar adoption, making solar deployment easy for the companies on Jurong Island. JTC is also exploring innovative strategies to efficiently manage energy resources and reduce operational carbon emissions on Jurong Island as part of our efforts to transform it into a sustainable energy and chemicals park in support of the Singapore Green Plan 2030."
Sembcorp has been providing centralised sustainability solutions in energy, water, waste and land use on Jurong Island for over 25 years. Recent developments include the 285 megawatt-hour (MWh) Sembcorp Energy Storage System and the upcoming 600MW hydrogen-ready power plant expected to be operational in 2026.
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According to the company, these initiatives will enhance Singapore’s grid resiliency and support the decarbonisation of the power sector.
As the largest solar and battery developer and operator in Singapore, Sembcorp says it is well placed to support the Singapore Green Plan 2030 in transforming Jurong Island into a sustainable energy and chemicals park.
Sembcorp’s gross renewables capacity stands at 12.7 gigawatts (GW) globally, including a further 473MW of acquisitions pending completion.
Jen Tan, head of Sembcorp's Singapore and Indonesia renewables business, adds: “Sembcorp Industries has an established presence of over 25 years on Jurong Island, and our suite of solutions have recently expanded to include the Sembcorp Energy Storage System and the upcoming hydrogen-ready power plant. We look forward to supporting JTC and our customers through sustainability-driven solutions on Jurong Island, which will underpin Singapore’s decarbonisation plans.”
The award of the JTC tender is not expected to have a material impact on the earnings per share (EPS) and net tangible assets (NTA) per share of Sembcorp for the FY2023 ending Dec 31.
Shares in Sembcorp closed 16 cents higher or 3.26% up at $5.07 on Dec 12.
