Sinpapore’s Sembcorp Industries reveals its latest 5-year strategic plan on Monday. It will invest 10.5 billion SGD（7.8 billion USD）, about 75% of total investment, to support renewable energy.
Since announcing its strategic plan in 2021, Sembcorp’s gross renewables capacity has increased four-fold to 12 GW and comprise 61% of its energy portfolio. Sembcorp said it aims to grow its gross installed renewables capacity to 25 GW by 2028.
