Regional Power: Sembcorp signs long-term PPA to supply power to Equinix’s data center
Monday, April 29 2024 - 04:00 PM WIB
By Romel S. Gurky
Singaporean firm Sembcorp Industries announced on Monday that its wholly-owned subsidiary, Sembcorp Power Pte Ltd (Sembcorp Power), has signed two long-term power purchase agreements (PPAs) with subsidiaries under Equinix, Inc. for its data centre portfolio in Singapore.
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Under the PPAs, Sembcorp Power will supply a maximum capacity of 75MWp from its renewable energy portfolio and 30MW from its power generation portfolio to Equinix for up to 18 years. This is Equinix’s first renewable energy PPA in Singapore, and supply will be sourced from Sembcorp’s solar assets. Sembcorp is currently the largest solar energy provider with a portfolio of 727MWp in Singapore.
The PPA with Equinix increases Sembcorp’s long-term contracted capacity for its gas-fired power generation portfolio in Singapore from 74% to 77%.
Editing by Alexander Ginting