Equator Renewables Asia and CRE International Co. Ltd to jointly develop 900 MW solar and 1.2 GWh battery project in Indonesia
900 MW
Capacity
development
Stage
Singapore's Equator Renewables Asia and China's CRE International Co. Ltd have agreed to jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia, with 400 MW (AC) slated for export to Singapore.
Counterparts (2)
Developer
E
Equator Renewables Asia
Equator Renewables Asia is a joint venture platform launched in 2023 by OMERS Infrastructure and Equis Development. It focuses on developing, building, and operating large-scale renewable energy projects across Asia, with an initial target of 10 GW of capacity.
C
CRE International Co. Ltd
CRE International Co., Ltd. is a Japanese company specializing in the development, management, and investment of logistics facilities and commercial real estate. It acts as a comprehensive real estate service provider, including property development, construction, property management, and asset management for a J-REIT focused on logistics properties. The company is also expanding into energy solutions for its facilities.
Deal Analysis
Equator Renewables Asia and CRE International Co. Ltd have announced a joint development agreement for a significant 900 MW solar and 1.2 GWh battery project in Indonesia. This announced development project, a hybrid technology initiative, underscores a strategic move by the Singaporean and Chinese developers to harness Indonesia's renewable energy potential. While the project value remains undisclosed, its substantial capacity highlights a major investment intent in the region's clean energy transition.
A key notable aspect of this deal is the planned export of 400 MW (AC) of the generated power to Singapore. This cross-border component positions Indonesia as a crucial future exporter of renewable energy, directly supporting Singapore's energy security and decarbonization goals. The scale of the project, combining 900 MW of solar generation with 1.2 GWh of battery storage, is substantial, indicating a commitment to providing firm, dispatchable renewable power, which is critical for grid stability, especially for long-distance transmission and export.
This development is set against a backdrop of increasing regional demand for clean energy and a push towards greater energy interconnectivity in Southeast Asia. Indonesia, with its abundant solar resources, is emerging as a prime location for large-scale renewable energy generation, while Singapore actively seeks diversified and sustainable energy sources to meet its growing demand and climate targets. The involvement of two international developers further signals confidence in the viability and strategic importance of such large-scale, cross-border renewable energy infrastructure.
- Large-scale hybrid project: 900 MW solar and 1.2 GWh battery capacity.
- Strategic cross-border energy export: 400 MW (AC) slated for Singapore.
- Joint development by Singaporean (Equator Renewables Asia) and Chinese (CRE International Co. Ltd) entities.
- Positions Indonesia as a key renewable energy exporter in Southeast Asia.
Source Intelligence
KEY DETAILS
The project includes a 1.2 GWh battery. 400 MW (AC) of the project's capacity is slated for export to Singapore.
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Capacity
Singapore’s Equator Renewables Asia and China’s CRE International Co. Ltd have agreed to jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia, with 400 MW (AC) slated for export to Singapore.
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Location
jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia
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PPA Details
with 400 MW (AC) slated for export to Singapore.
PARTIES MENTIONED IN SOURCE
E
Equator Renewables Asia
developer
"Singapore’s Equator Renewables Asia and China’s CRE International Co. Ltd have agreed to jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia"
C
CRE International Co. Ltd
developer
"Singapore’s Equator Renewables Asia and China’s CRE International Co. Ltd have agreed to jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia"
medium quality
Enriched Mar 4, 2026
Timeline
Announced
Mar 3, 2026
Signed
Closed
Global Infrastructure Sherpa