Sembcorp

Sembcorp Industries has connected a 285 MWh battery storage system to the grid on Jurong Island, Singapore. It is reportedly Southeast Asia’s largest energy storage system, featuring 800 large-scale lithium iron phosphate (LFP) batteries.

Facebook has revealed plans to buy electricity from a 5 MW floating solar array in the Straits of Johor. The project will sell power through a virtual power purchase agreement.

The project, on the Tengeh reservoir, will sell power to the city state’s Public Utilities Board under a 25-year power purchase agreement.

State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.