SEMBCORP Industries : U96 0% will work with US fuel cell provider Bloom Energy on the “potential utilisation” of the latter’s low-carbon power generation technologies in Singapore.
The collaboration will involve the use of New York-listed Bloom Energy’s Energy Server platform.
It uses a proprietary solid oxide technology to convert natural gas, biogas, or hydrogen into electricity without combustion, which results in low or no-carbon emissions.
The same system can potentially deliver green energy in the future by tapping low-carbon feedstock, Sembcorp and Bloom Energy said in a joint release on Thursday (Jun 6).
It “can also be deployed as a grid parallel system in conjunction with utility power, mitigating grid constraints”, they added.
The tie-up was announced on the sidelines of the inaugural Indo-Pacific Economic Framework for Prosperity’s Clean Economy Investor Forum on Thursday.
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Singapore-based Sembcorp has an energy portfolio of 21.2 gigawatts – including 14.4 gigawatts of gross renewable energy capacity – across 10 countries.
Koh Chiap Khiong, chief executive officer of Singapore and South-east Asia at Sembcorp, said: “The demand for green energy is expected to see robust growth, especially in the area of data centres.”
Bloom Energy chairman and CEO KR Sridhar said: “The use of carbon capture technology will support Singapore’s progress towards achieving its net-zero emissions target by 2050.”
On Thursday, a unit of Sembcorp signed a separate deal with Japan’s Sojitz Corporation and Kyushu Electric Power for green ammonia offtake.
Shares of Sembcorp closed 0.6 per cent or S$0.03 lower at S$5.06 on Thursday, prior to the announcement.
