KUALA LUMPUR: Sarawak state government is proposing to sell excess green energy to Singapore and in return, Singapore will invest in data center projects, said premier Tan Sri Abang Johari Openg.
"Singapore's problem is that it has no energy and space but Sarawak has both. So we can work together and Singapore can help us to bring in investments that need power into Sarawak."Sarawak will just supply the power. That undersea cable the Singaporean will do it," he told a press conference after the Affin Malaysia Market Outlook 2024 event which spotlight industry pioneers in propelling Malaysia forward.T
Abang Johari said the proposed undersea power cable for this exchange is expected to be completed by 2032.
He said both prime ministers of Singapore and Malaysia have agreed on the concept of the arrangement.
The undersea cable cable will stretch 720km from near Kuching, Sarawak to Changi,Singapore.
Abang Johari said that Sarawak state is also looking at generating hydrogen and solar as a source of energy with Petronas.-ends-
https://www.nst.com.my/business/corporate/2024/01/1007795/sarawak-state-sell-excess-green-energy-singapore-return-data
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
Created by savemalaysia | May 10, 2024
This is good for the economy n anything good for the economy will be good for the stockmkt & swk loh!
2024-02-01 12:30
good indeed both sarawak and johor which are close to SG will benefit... two upcoming HIGH GROWTH states...
2024-02-01 23:47
calvintaneng
This news will cause Sarawak to see land prices go up as more lands are needed for solar farms
Thplant and jtiasa with huge lands there will benefit
No good for Ytl power as there will be more competition in an already saturated market
Hyflux got into trouble due to electricity price war
2024-01-31 18:41