KUALA LUMPUR: Tuas Power Ltd has partnered with Nefin to jointly bid for 100 megawatts (100MW) of zero-carbon electricity import from Malaysia into Singapore.
In a statement today, the Singapore-based energy solutions and multi-utilities provider said it had signed a Memorandum of Understanding (MoU) earlier in June with Nefin, a leading solar photovoltaic developer and investor in carbon neutrality solutions.
The partnership allows both entities to partake in the initiative to support the Singapore government's move to enhance energy security through leveraging on regional power grids.
Tuas Power chief operating officer Michael Wong said the company was taking a wholistic view to find a sustainable and reliable blend of electricity generated from renewable and fuel-based sources to feed into the national grid.
"Arising from our sustainable energy eco-system approach, Tuas Power is actively exploring the combined use of solar power and other renewable sources or low-carbon solutions to achieve a zero-carbon electricity import," he said.
He said Tuas Power was exploring solutions to address the intermittency of solar power during non-generating hours.
Tuas Power has a large pool of customers from the data centre, semiconductor and petrochemical industries which are interested to take up the clean energy import.
NeFin head of business development and managing director for Nefin Malaysia Bor Hung Chong said the group was a market leader in distributed solar project development in Malaysia.
"We have a track record of many customers who have signed up to 20 years of power purchase agreements (PPA) with us, and we are excited to partner Tuas Power to foray into electricity imports into Singapore," he said.
Bor said the partnership allowed Nefin to bring its extensive experience in implementation of renewable energy projects and provision of carbon-neutral solutions to sustain the energy landscape of Singapore.
Nefin Malaysia operates under the project development arm of the wider Nefin Group and specialises in project development and implementation of renewable energy projects in the Southeast Asia region.
Nefin Malaysia is a market leader in providing zero-carbon solutions, including distributed solar project development and has developed several iconic projects such as the largest commercial solar PPA in Malaysia of more than 10 selected Lotus's (formerly TESCO) stores in its first phase and the completion of the first solar PV project for Puratos Group in Malaysia.
Nefin Malaysia also provides carbon neutrality related consulting and technical advisory services for its clients.