The Government of Indonesia has announced plans to export clean electricity to Singapore, positioning the Batam–Bintan–Karimun (BBK) corridor as a strategic hub for green industry and sustainable technology development. The initiative builds on a bilateral agreement signed in June 2025 and is part of broader efforts to strengthen cross-border renewable energy cooperation between the two countries.
The project goes beyond electricity exports, with Indonesia aiming to use its renewable energy capacity to attract high-tech industries to the Riau Islands. Authorities indicated that preparations for industrial zones in the BBK corridor are nearing completion, with the government finalising administrative requirements before moving into the implementation phase. The partnership also includes potential collaboration on low-carbon technologies such as carbon capture and storage, as well as broader cooperation on energy security, critical minerals and supply chains.
In March 2026, Equator Renewables Asia (ERA) secured SGD 50 million in investment to support the development of solar, green hydrogen and sustainable industrial zone projects in Indonesia. The financing includes SGD 30 million from two anchor investors, Indonesian agribusiness conglomerate KPN Corporation and Tsao Pao Chee (TPC). The remaining funds were contributed by ERA’s founder Frank Phuan and the company’s management team.