Vena Energy aims for Singapore power imports before 2030

CEO Apte said the Riau Islands project will cover between 2,000ha and 2,200ha, involve a subsea cable to Singapore and will be completed in phases by 2032. — Bloomberg

SINGAPORE: Singapore-based Vena Energy is aiming for a 2026 construction start for its two gigawatt (GW) solar and battery project in Indonesia’s Riau Islands, and is hoping to supply electricity to Singapore before 2030, chief executive Nitin Apte says.

The project reflects the growing ambition and scale of green energy investments in the region, Apte told The Straits Times.