#SembcorpIndustries

JTC awards Singapore based 117 MW PV tender to Sembcorp

Sembcorp Solar Singapore, a wholly-owned subsidiary of Sembcorp Industries, secures a JTC tender to solarize Jurong Island’s vacant land and rooftops, achieving a contracted capacity of 117 MW. This marks Singapore’s largest public sector solar project to date, contributing to grid resiliency and power sector decarbonization.

Sembcorp expands in Vietnam

Sembcorp Solar Vietnam, plans to acquire 73-100% majority stakes in Gelex subsidiaries, adding 245 MW renewable assets in Vietnam. The $218 million deal includes wind, solar, and hydropower, expanding Sembcorp’s total capacity to 12.2G W. Long-term PPAs with Vietnam Electricity secure the assets. The transaction aims for completion in H1 2024, with no expected material…