Media Releases

Globally, the energy sector is evolving, driven by technological advances and climate change. Distributed energy resources (DERs) such as solar and energy storage systems today complement traditional power plants which generate electricity centrally. Electricity produced from these energy resources at end users’ premises can be coordinated intelligently like a “single utility-scale power station”. Such a concept is known as a Virtual Power Plant (VPP).

VSIP shareholders, Becamex IDC Corporation and Sembcorp Development, are investing further in energy and utilities related solutions such as renewable energy, waste-to-energy, wastewater treatment and water recycling to drive sustainable development, resource efficiency and circular economy practices.

Sembcorp Smart Energy Solutions Vietnam (Sembcorp), a newly incorporated wholly-owned subsidiary of Sembcorp Industries is pleased to announce it has signed a joint venture agreement with Becamex IDC Corporation (Becamex) and Vietnam Singapore Industrial Park J.V. Co (VSIP) to introduce a new generation of sustainable smart energy solutions to Vietnam.

Sembcorp Industries (Sembcorp) and global financial institution UBS are pleased to announce that they have signed a long-term solar energy deal in Singapore. As part of this deal, Sembcorp will provide locally-sourced renewable power to support UBS Singapore’s operations over the next ten years.

Sembcorp Industries (Sembcorp) posted a net profit of S$191 million for the first half of 2019 (1H2019), up from S$159 million in 1H2018, on improved performance from the Energy business. Turnover was S$4.9 billion compared to S$6.1 billion in 1H2018.

Sembcorp Industries (Sembcorp) and Cache Logistics Trust (Cache) are pleased to announce the successful on-target completion of a 8.0 megawatt-peak rooftop solar farm built, owned and operated by Sembcorp at three logistics warehouses in Singapore owned by Cache. All three systems have been connected to Cache’s facilities and are currently in operation.

Sembcorp Industries (Sembcorp) is partnering CapitaLand Group (CapitaLand) for the installation and operation of rooftop solar farms at six properties in Singapore owned by CapitaLand.

Sembcorp Industries (Sembcorp) has signed an long-term agreement with Experia Events to install, own and operate rooftop solar panels with a total capacity of 6.3 megawatt peak, atop its flagship facility, Changi Exhibition Centre (CEC).

SembWaste, the waste management arm of Sembcorp Industries, and the Building Construction And Timber Industries Employees’ Union (BATU) have inked a partnership which will see both organisations working closely together to look at training gaps and needs for some 700 SembWaste employees.

Sembcorp Industries (Sembcorp) is pleased to announce that its Sirajganj Unit 4 combined-cycle gas turbine (CCGT) power plant in Bangladesh has successfully commenced full commercial operation.

Sembcorp Industries (Sembcorp) posted a net profit of S$93 million for the first quarter of 2019 (1Q2019), up from S$77 million in 1Q2018, on improved performance from the Energy business. Turnover was S$2.5 billion compared to S$2.8 billion in 1Q2018.

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