Sembcorp Energy, Singapore's premier energy company, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Gentari, a clean energy solutions provider. This initiative aims to explore the feasibility of Singapore importing hydrogen from Malaysia, opening up new avenues for sustainable energy development.
The partnership plans to incorporate hydrogen imports into Sanogo Energy's existing and future combined cycle gas turbine facilities to achieve overall efficiency gains and optimize environmental performance. Under the proposed 20-year supply agreement, hydrogen imports are expected to begin in 2029, marking a significant breakthrough in San Miguel Energy's efforts to reach its low-carbon goals.
During the initial phase of the project, San Miguel Energy expects to reduce emissions by approximately 18,000 tons of carbon dioxide equivalent (tCO2e) per year, which is equivalent to about 4% of the emissions reduction target, providing a positive impetus to Singapore's green transformation. This partnership is an important part of San Miguel Energy's strategy to support Singapore's transition to a low-carbon future. Other related initiatives include the signing of a Memorandum of Understanding (MOU) with City Energy in June 2023 to explore in-depth the expansion of hydrogen energy opportunities and the launch of SolarShare 2.0, Singapore's first commercially-available peer-to-peer grid-scale solar trading platform.
Gentari is also actively promoting the hydrogen economy in Malaysia, conducting a green hydrogen feasibility study with Tenaga Nasional Berhad, and partnering with SEDC Energy in Sarawak to set up a hydrogen production facility to support the clean energy transition across Southeast Asia. This collaboration not only marks a key step in driving Singapore's energy transition, but is also a positive contribution to Singapore's global climate action, as well as a key initiative to promote the development of the hydrogen industry in the region, signaling a promising future for sustainable energy use and a low-carbon future.