Electricity Retailer Union Power Named as Partner for Anantara Energy Holdings US$5 Billion Plan to Export Up to 4 TWh of Renewable Energy Annually from Indonesia to Singapore
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Tuesday, April 26, 2022
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SINGAPORE, Apr 26, 2022 - (ACN Newswire) - Singapore's homegrown electricity retailer Union Power Pte Ltd (Union Power) has been appointed as distribution partner for a proposed US$5 billion project promoted by Anantara Energy Holdings Pte Ltd (Anantara) to generate renewable energy in Indonesia and export up to 4 TWh of it to the city state.
Key Points:
- SINGAPORE, Apr 26, 2022 - (ACN Newswire) - Singapore's homegrown electricity retailer Union Power Pte Ltd (Union Power) has been appointed as distribution partner for a proposed US$5 billion project promoted by Anantara Energy Holdings Pte Ltd (Anantara) to generate renewable energy in Indonesia and export up to 4 TWh of it to the city state.
- Through its solar arm Union Solar, Union Power installs, operates and finances solar PV systems on the rooftops of commercial buildings, allowing customers in Singapore to enjoy competitive solar energy tariffs compared to conventional retailer tariffs.
- Union Power Pte Ltd is a leading digital energy retailer, licensed by Singapore's Energy Market Authority.
- Founded in 2017, Union Power launched Union Solar in September 2020, in line with its push towards sustainable solutions through solar energy power generation.