Saturday, November 16, 2024

Trinasolar-Vanda RE strike deal for RI-Singapore renewable electricity export

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Gusty da Costa

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Vanda RE Pte Ltd, a joint venture company majority-owned by Singapore energy company Gurīn Energy Pte Ltd, on Wednesday, September 4, 2024, signed a framework supply agreement with Trinasolar, a global leader in smart photovoltaic (PV) and energy storage solutions, a step forward towards progressing Vanda RE’s renewable energy export project in Indonesia.

Under this agreement, Trinasolar will supply 1.2GW of its inustry-leading Vertex N n-type i-TOPCon advanced technology based on the 210mm product technology platform. Trinasolar’s n-type i-TOPCon module recently broke the world record for power output, reaching 740.6W in a lab setting.

Trinasolar has been awarded two of the top industry accolades – “2024 Overall Highest Achiever” in the annual PV Module Index (PVMI) by RETC and “Top Performer” by Kiwa PV Evolution Labs (Kiwa PVEL) for the tenth consecutive year.

The 1.2GW framework supply agreement will see Trinasolar’s solar PV modules deployed in Vanda RE’s utility-scale project in Riau Islands Province. This is part of the Vanda Solar & Battery Project, underpinned by 2GW of solar PV installed capacity and 4.4GWh of battery storage, ranking it among the largest planned projects of its kind worldwide.

Once completed in 2027, the project will supply Singapore with 300MWh of non-intermittent, zero-emission electricity − enough energy to power 390,000 households in Singapore annually. Vanda RE’s project received conditional approval from Singapore’s Energy Market Authority (EMA) last year, as part of the Indonesian and Singapore governments’ plan to establish a green electricity trading corridor between the two countries.

Trinasolar has also established Indonesia’s first integrated solar cell and module production base in support of the country’s development of renewable energy sector. It is expected to commence operations by this year.

“We are delighted to announce our partnership with Trinasolar through our joint venture company Vanda RE. The Vanda Solar and Battery Project supports Indonesia and Singapore’s efforts towards a more sustainable energy future, and this agreement is a significant step forward in realising that vision,” Jeremy Ong, Gurin Energy’s Managing Director of Operations, said.

“By supplying our cutting-edge modules with the potential of integrating our advanced battery energy storage solutions, we are not only supporting Vanda’s mission to provide reliable, non-intermittent clean energy but also reinforcing the Singapore’s broader goal to import 4GW of low-carbon electricity by 2035. Our collaboration reflects a shared vision of accelerating renewable energy development, facilitating cross-border electricity trading, and promoting sustainable energy practices that contribute to both regional economic growth and decarbonization of Singapore’s energy supply,” Elva Wang, Head of Southeast Asia, Trinasolar Asia Pacific, said.

Gusty da Costa

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