EMA, ADB partner to develop RE generation, transmission in ASEAN

This will also boost Singapore’s decarbonisation drive in the power sector.

Singapore’s Energy Market Authority (EMA) and the Asian Development Bank signed a memorandum of understanding (MOU) to develop renewable energy generation and transmission in the Association of Southeast Asian Nations region.

In a statement, the EMA said the MOU will involve the sharing of expertise and best practices across various areas such as regional cooperations, public-private partnerships, structuring and project financing.

ALSO READ: Singapore clean energy workforce to grow 80% by 2032

The MOU also enables the ADB to use its products and services to support ASEAN members and project sponsors to implement and manage the risks of clean energy projects in the region.

EMA added that the collaboration will support the Lion City’s decarbonisation efforts in the power sector and its import of clean energy from the region.

Singapore aims to import up to four gigawatts of low-carbon electricity which is equal to 30% of its total supply by 2035.

Follow the link s for more news on

Asian Development Bank

Energy Market Authority

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia