PacificLight Power Wins $735 Million Contract for Hydrogen-Ready Power Plant in Singapore
Key Ideas
- PacificLight Power, a Singapore-based company, secured a $735 million contract to construct a 600-megawatt hydrogen-ready combined cycle gas power plant in Singapore.
- The new power plant, expected to be completed by January 2029, will have the capacity to run on hydrogen fuel and will increase PacificLight's generating capacity by 64%.
- This initiative aligns with Singapore's push towards clean energy technologies and sustainable power generation, enhancing the city-state's energy infrastructure.
- The project signifies a strategic move by PacificLight to further expand its clean power generation capabilities and contribute to Singapore's energy transition goals.
PacificLight Power, a privately held company in Singapore, backed by Indonesian billionaire Anthoni Salim's Hong Kong-listed First Pacific Corp, has been awarded a S$1 billion ($735 million) contract to develop a hydrogen-ready combined cycle gas power plant in Singapore. The 600-megawatt power plant, along with a battery energy storage facility, will have the capability to operate on hydrogen fuel upon completion in January 2029. This project marks a significant step towards accelerating the adoption of clean energy technologies in Singapore. The facility, set to be the largest hydrogen-powered plant in the city, will not only enhance PacificLight's generating capacity by 64%, but also contribute to the company's commitment to sustainable power generation. With plans to initially utilize 30% hydrogen and potentially transition to 100% in the future, the plant showcases a forward-looking approach to clean energy integration. The expansion of PacificLight's power generation capacity through this initiative underlines the company's dedication to promoting environmentally friendly practices and supporting Singapore's energy sustainability objectives. The involvement of key entities like Manila Electric and influential individuals such as Anthoni Salim and Manuel Pangilinan further consolidates the project's significance in the Southeast Asian energy sector. This substantial investment in a hydrogen-ready power plant demonstrates a positive outlook on the future of clean energy in Singapore and sets a notable example for sustainable infrastructure development in the region.