Sembcorp Industries (SCI)

With 300MW wind-solar project win in India, Sembcorp at 64% of 2028 renewable energy goal: CGSI - THE EDGE SINGAPORE

Broker's Calls

With 300MW wind-solar project win in India, Sembcorp at 64% of 2028 renewable energy goal: CGSI

Sembcorp’s overall renewable energy gross capacity has reached 16GW, or 64% of its 2028 target of 25GW.

Broker's Calls

CGSI and Maybank maintain ‘buy’ on Sembcorp; TP unchanged following the divestment of Sembcorp Environment

CGSI has kept its target price unchanged at $7.32 while Maybank Securities has maintained its target price at $6.
Rooftop solar panels by Sembcorp to generate 4% of SingPost Centre’s annual energy use - THE EDGE SINGAPORE

Energy

Rooftop solar panels by Sembcorp to generate 4% of SingPost Centre’s annual energy use

While the solar PV system is owned, operated and maintained by Sembcorp Solar Singapore, it could be transferred to SingPost at the end of the power purchase agreement.

Deals, joint ventures & alliances

Sembcorp’s India subsidiary in talks for JV with Bharat Petroleum on renewable energy, green hydrogen projects

Sembcorp Green Hydrogen India is in talks to enter into a JV for renewable energy and green hydrogen projects in India.

Oil & Gas

Sembcorp signs gas sales agreement to import from Indonesia

Gas delivery is anticipated to commence from 2026 and has an expected tenure of approximately 11 years.

Company in the news

Sembcorp power plant in Mandalay, Myanmar resumes operations

Sembcorp had suspended the plant owing to conflicts in the vicinity.
Sembcorp Green Hydrogen signs another agreement to supply green ammonia from India to Japan - THE EDGE SINGAPORE

Environmental, Social and Governance

Sembcorp Green Hydrogen signs another agreement on proposed project to supply green ammonia from India to Japan

A heads of terms signed in June had set the stage for the parties to finalise a definitive green ammonia offtake agreement.

Deals, joint ventures & alliances

Sembcorp subsidiary inks MOUs to build two low-carbon industrial parks in Batam

The proposed projects are a 100 ha industrial park in Tembesi and a 500 ha industrial park on Tanjung Sauh.
Five firms — including SIA and Sembcorp – form the bulk of Temasek’s portfolio emissions - THE EDGE SINGAPORE

Sustainability

Five firms — including SIA and Sembcorp – form the bulk of Temasek’s portfolio emissions

Temasek's full-year total portfolio emissions fell to 21 million tCO2e in FY2024, sinking below the baseline for the first time.
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