Asean Power Grid: Can South-east Asia finally plug into a shared power future?
Cross-border clean energy projects are gaining momentum, with 2025 shaping up as a breakthrough year – if politics and money align
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[SINGAPORE] In 2011, Frank Phuan co-founded Sunseap Leasing, one of Singapore’s earliest solar energy providers. More than a decade on, he is chasing a bigger ambition: lighting up Singapore with Indonesian sunshine.
Phuan’s new company, Equator Renewables Asia, is set to import 400 megawatts (MW) of solar energy from the Riau Islands into Singapore, via a subsea cable.
His team has been working on the Indonesian project for about three years, but 2025 is “the year that we do see a lot of breakthroughs”, Phuan tells The Business Times.
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