Aster has announced the establishment of Aster Power Pte Ltd (APPL), a new energy business dedicated to expanding renewable energy solutions and promoting industrial decarbonisation across Singapore and Southeast Asia. This initiative coincides with the start of Singapore International Energy Week, highlighting Aster’s commitment to sustainable energy innovation.
APPL has secured a partnership with Sembcorp Solar Singapore to install approximately 16 megawatt-peak (MWp) of solar capacity on Aster’s infrastructure at Bukom and Jurong Island by the end of 2026. This project is expected to reduce carbon emissions by around 169,000 tonnes over its lifetime, equivalent to removing approximately 16,580 cars from the road for a year.
In addition to solar energy systems, APPL plans to explore new energy infrastructure, including nearshore floating solar systems and electric ferry charging stations. These efforts aim to support Singapore’s transition to a low-carbon future and enhance the country’s industrial sustainability.
Erwin Ciputra, Group CEO of Aster, stated, “The establishment of APPL marks a pivotal step in expanding our renewable energy footprint. Whilst scaling solar capacity at our sites, we are driving pioneering projects for Singapore such as nearshore floating solar solutions, and electrification of vessels and charging infrastructure.”
Jen Tan, CEO of Sembcorp Solar Singapore, expressed support for the collaboration, saying, “Sembcorp is pleased to support Aster Power in their renewable energy initiatives through the deployment of our solar solutions.”
Aster’s move to establish APPL underscores its strategic focus on capturing green growth opportunities in a rapidly evolving energy landscape, positioning itself as a leader in renewable energy and decarbonisation in the region.