Page 10 - AsiaElec Week 31 2021
P. 10
AsiaElec RENEWABLES AsiaElec
Singapore’s Tuas Power, Malaysia’s NEFIN
aim to import 100 MW of green power
SINGAPORE SINGAPORE’S Tuas Power has signed a Memo- for NEFIN Malaysia, commented, “NEFIN is a
randum of Understanding (MoU) with NEFIN, market leader in distributed solar project devel-
a leading solar PV developer, to bid for the right opment in Malaysia. We have a track record of
to import 100 MW of zero-carbon electricity many customers who have signed up to 20 years
import from Malaysia. of Power Purchase Agreements (PPA) with us,
The bid is part of the Singapore government’s and we are excited to partner Tuas Power to
to improve energy security by gaining access to foray into electricity imports into Singapore. If
regional power grids in Southeast Asia. successful in our joint bid, it will allow NEFIN
Michael Wong, Chief Operating Officer of to bring its extensive experience in implementa-
Tuas Power, said: “Tuas Power is taking a holis- tion of renewable energy projects and provision
tic view to find a sustainable and reliable blend of carbon-neutral solutions to sustain the energy
of electricity generated from renewable and landscape of Singapore.”
fuel-based sources to feed into the national grid. NEFIN Malaysia is a Malaysian company
Tuas Power is actively exploring the combined under the project development arm of the
use of solar power and other renewable sources wider NEFIN Group and specialises in project
or low-carbon solutions to achieve a zero-car- development and implementation of renewable
bon electricity import. At the same time, we energy projects in the Southeast Asia region,
are exploring solutions that address the inter- with Malaysia as one of NEFIN Group’s key
mittency of solar power during non-generating markets.
hours.” NEFIN Malaysia is a market leader in provid-
Tuas Power is Singapore’s leading electricity ing zero-carbon solutions, including distributed
retailer, and is committed to bringing cleaner, solar project development and has developed
more cost-competitive energy to its customers. several iconic projects such as the largest com-
With its knowledge and experience, Tuas Power mercial solar PPA in Malaysia of more than 10
has helped them develop and implement many selected Lotus’s (formerly TESCO) stores in its
energy efficient programmes. It has a large pool first phase and the completion of the first solar
of customers from the data centre, semiconduc- PV project for Puratos Group in Malaysia.
tor and petrochemical industries who are inter- NEFIN Malaysia also provides carbon neutral-
ested to take up the clean energy import. ity related consulting and technical advisory
Mr. Bor Hung Chong, NEFIN’s Head of services for its clients.
Business Development and Managing Director
P10 www. NEWSBASE .com Week 31 04•August•2021
