Singapore hits record high in renewable energy consumption
Singapore, which has limited renewable energy potential due to its size and geography, aims to meet 6GW, roughly one-third of its power needs, through clean electricity imports by 2035.
A view of Sembcorp Solar’s solar farm at Keppel Terminal in Singapore June 26, 2025. (Photo: Reuters)
Singapore (VNA) -𓆉 Singapore recorded a historic high in the share of renewable energy in its power generation mix in May, according to the latest market data analysis.
The milestone was achieved as the country accelerated solar power production and increased imports of renewable electricity.
Data from Singapore’s National Electricity Market revealed that domestic solar generation grew at its fastest rate since March last year. Imported renewable energy also rose for the third consecutive month, reaching its highest level in over two years. These developments boosted the share of renewables in Singapore’s power mix to a record 2.58%.
Cross-border electricity trading is seen as a key solution for reducing the region’s reliance on fossil fuels, particularly as electricity demand from data centers continues to surge.
Singapore, which has limited renewable energy potential due to its size and geography, aims to meet 6GW, roughly one-third of its power needs, through clean electricity imports by 2035. Currently, natural gas-fired power plants account for about 95% of the country's generation capacity.
Between January and May, Singapore imported 122.7 million kWh of clean electricity, equivalent to 0.52% of total power generation. The country did not import electricity during the same period in 2024 and only began small-scale imports in the fourth quarter of that year.
In May, imported electricity continued to displace some fossil fuel-based power generation, marking the third consecutive month of increased import share. Overall electricity output in Singapore rose by 0.4% in the first five months of 2025.
Singapore is currently involved in two cross-border power purchase agreements - the 200MW Laos-Thailand-Malaysia-Singapore (LTMS) project and a 50MW pilot Energy Exchange Malaysia project with Malaysian state utility Tenaga Nasional.
Puah Kok Keong, Chief Executive of the Energy Market Authority (EMA) of Singapore, stated in October that the extension terms for the LTMS project were still pending, as Singapore was awaiting Thailand’s finalisation of transmission fee details under the multilateral agreement./.
Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.
The Asian Development Bank (ADB) and the Energy Market Authority (EMA) of Singapore have signed an MoU that paves the way for the development of renewable energy generation and transmission across the Association of Southeast Asian Nations (ASEAN) region.
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Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
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The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
The new framework is designed to ensure that incoming investments deliver tangible national benefits, such as the creation of high-quality jobs for Malaysians and the development of local company ecosystems and technologies.
Singapore led with a total of 8.8 billion USD in realised investment, followed by Hong Kong and mainland China, Malaysia, and Japan with 8 billion USD, 1.7 billion USD and 1.6 billion USD, respectively.
Thai Acting Prime Minister Phumtham Wechayachai on August 7 outlined his strategy for tackling drug problems in Thailand, aiming for a "Zero Drugs Thailand" within three months.
The US has described Malaysia's role as Chair of the Association of Southeast Asian Nations (ASEAN) as vital in helping ease tension between Thailand and Cambodia.
