International renewable energy deals are spreading across Southeast Asia as the region works to transition away from fossil fuels, with electricity-hungry Singapore as a driving power.
With natural gas accounting for around 95% of its energy mix, the country aims to import 4 GW of low-carbon electricity by 2035, which constitutes roughly 30% of its energy supply. This ambitious plan is also creating an opportunity for neighboring nations that are expanding power generation from renewables.
Imports began in 2022 with the transmission of hydropower from Laos via Thailand and Malaysia, totaling 100 MW over two years. Regulators have approved plans to bring in 2 GW from five solar projects in Indonesia, and Singapore will also purchase power from a floating solar farm off Indonesia's coast.
Four ASEAN countries boost interconnectivity to develop green energy
