\n<\/p>\n
SINGAPORE –\u00a0Media OutReach<\/a>\u00a0– 30 July 2021 -Tuas
To support the Singapore Government’s
Mr. Michael Wong, Chief Operating
Tuas Power is Singapore’s leading
Mr. Bor Hung
\u00a0<\/p>\n
NEFIN Malaysia is a Malaysian company
SINGAPORE –\u00a0Media OutReach\u00a0– 30 July 2021 -Tuas
Power, Singapore’s market leader in power generation and electricity retailing,
signed a Memorandum of Understanding earlier in June with NEFIN, a leading
solar photovoltaic developer and investor in carbon neutrality solutions, to
jointly bid for the 100 megawatts (100MW) of zero-carbon electricity import
from Malaysia into Singapore.\u00a0
…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16640"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16640"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16640\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nPower, Singapore’s market leader in power generation and electricity retailing,
\nsigned a Memorandum of Understanding earlier in June with NEFIN, a leading
\nsolar photovoltaic developer and investor in carbon neutrality solutions, to
\njointly bid for the 100 megawatts (100MW) of zero-carbon electricity import
\nfrom Malaysia into Singapore.\u00a0<\/p>\n
\n
<\/p>\n
\nmove to enhance energy security through leveraging on regional power grids, Tuas
\nPower and NEFIN are participating in this initiative with the aim to help
\novercome the challenges of clean energy import and to develop best practices
\nfor the industry.<\/p>\n
\n
<\/p>\n
\nOfficer of Tuas Power, said, “Tuas Power is taking a wholistic view to find a
\nsustainable and reliable blend of electricity generated from renewable and
\nfuel-based sources to feed into the national grid. Arising from our sustainable
\nenergy eco-system approach, Tuas Power is actively exploring the combined use
\nof solar power and other renewable sources or low-carbon solutions to achieve a
\nzero-carbon electricity import. At the same time, we are exploring solutions
\nthat address the intermittency of solar power during non-generating hours.”\u00a0<\/p>\n
\n
<\/p>\n
\nelectricity retailer, and is committed to bringing cleaner, more cost-competitive
\nenergy to its customers. With its knowledge and experience, Tuas Power has
\nhelped them develop and implement many energy efficient programmes. It has a
\nlarge pool of customers from the data centre, semiconductor and petrochemical
\nindustries who are interested to take up the clean energy import.<\/p>\n
\n
<\/p>\n
\nChong, NEFIN’s Head of Business Development and Managing Director for NEFIN
\nMalaysia, commented, “NEFIN is a market leader in distributed solar project
\ndevelopment in Malaysia. We have a track record of many customers who have
\nsigned up to 20 years of Power Purchase Agreements (PPA) with us, and we are
\nexcited to partner Tuas Power to foray into electricity imports into Singapore.
\nIf successful in our joint bid, it will allow NEFIN to bring its extensive
\nexperience in implementation of renewable energy projects and provision of
\ncarbon-neutral solutions to sustain the energy landscape of Singapore.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nunder the project development arm of the wider NEFIN Group and specialises in
\nproject development and implementation of renewable energy projects in the
\nSoutheast Asia region, with Malaysia as one of NEFIN Group’s key markets. NEFIN
\nMalaysia is a market leader in providing zero-carbon solutions, including distributed
\nsolar project development and has developed several iconic projects such as the
\nlargest commercial solar PPA in Malaysia of more than 10 selected Lotus’s
\n(formerly TESCO) stores in its first phase and the completion of the first
\nsolar PV project for Puratos Group in Malaysia. NEFIN Malaysia also provides carbon
\nneutrality related consulting and technical advisory services for its clients.<\/p>\n<\/p><\/div>\n\n
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