Sembcorp Power News Today

Equinix and Sembcorp Power have signed two long-term power purchase agreements (PPAs) in Singapore. Sembcorp will supply 105 MW to Equinix's data centers in Singapore, including 75 MW of solar, for up to 18 years.

The contracts will be accretive to the group’s earnings in the financial year ending Dec 31, 2024. Read more at straitstimes.com.

Decliners outnumbered advancers 200 to 184, with 950.5 million securities worth $782.9 million changing hands. Read more at straitstimes.com.

Singapore News - Consumers have better protection against volatile electricity prices, with stricter requirements for retailers coming into force on Monday. Under the new rules, electricity retailers must have minimum paid up capital of at least $1 million when they apply for or renew their... Read more at www.tnp.sg

Deal runs for 10 years, allows Singtel to join solar initiatives as they come online

As the junta returns to the corrupt, inefficient ways of previous regimes, the National Electrification Plan’s goal of connecting all households by 2030 appears doomed.

Each time you turn on the lights, you’re bleeding money. That’s because electricity prices hit an all-time high of $0.2990/kWh in Q2 2022. The tariff will be updated in July, and we’re expecting them to go even higher due to the sad state of the world at the moment. Out of all the nine electricity retailers available in Singapore, Union...

With the open electricity market (OEM) initiative in full swing, consumers are constantly comparing prices to suss out the cheapest electricity retailers and prices in town. Most of us just compare the electricity rate (the price per kWh), but there are actually more factors worth considering - except they're usually listed somewhere in the deep, dark sea of your contract's...

Of the nine electricity retailers in Singapore's Open Electricity Market (OEM) today, Geneco has got to be one of the most aggressive companies. In the past, they pioneered market-first plans such as a 36-month fixed rate plan and a plan offering free electricity on Sundays (June 5). So, do Geneco Singapore's electricity plans live up to the hype? Let's take...

Since the launch of the Open Electricity Market (OEM) in 2018, one of the most popular electricity retailers is Keppel Electric. Similar to Sembcorp Power, Keppel is a listed company and a household brand name, so it does seem more trustworthy than "unknown" retailers – e.g. the former iSwitch. And Keppel Electric does offer pretty good prices and promotions, so...