Author: PPD Team Date: 11/12/2024
Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy export to Singapore, with the supply of 50 MW of electricity.
This agreement follows the Energy Exchange Malaysia auction held in June 2024 and aligns with Malaysia’s Cross-Border Electricity Sales for Renewable Energy Scheme.
The electricity will be delivered through the existing Malaysia-Singapore interconnections.
The initiative aims to take advantage of higher pricing in Singapore to support Malaysia’s decarbonisation efforts, including renewable energy adoption and grid enhancements.