Vanda RE, a joint venture between Singapore's Gurīn Energy and Gentari International Renewable Energy, has signed a framework supply agreement with CATL, a global leader in battery technology and energy storage. According to the agreement, CATL will supply up to 2.2 GWh of EnerX battery energy storage systems for the Vanda solar and battery project. Located in the Riau Islands, the project will have 2 GWp of solar capacity and 4.4 GWh of battery storage, and complies with Indonesia's local content requirements (TKDN). The project is part of the Green Economy Corridor developed in partnership between Indonesia and Singapore. It adopts a solar-plus-storage model, aiming to provide stable clean energy while promoting industrial development around the green energy infrastructure in the Riau Islands. It is a flagship project for Indonesia's renewable energy transition and regional energy cooperation. The batteries under the agreement will be produced at CATL's new factory in Karawang, West Java, which broke ground in late June and is expected to have a total capacity of 15 GWh. This cooperation strengthens the project's supply chain and supports Indonesia's ambition to become a hub for the battery and renewable energy industry in Southeast Asia. It is expected to attract investment, reduce the cost of domestic renewable energy development, and enhance Indonesia's position as a strategic destination for green investment.
Vanda RE, a joint venture between Singapore's Gurīn Energy and Gentari International Renewable Energy, has signed a framework supply agreement with CATL, a global leader in battery technology and energy storage. According to the agreement, CATL will supply up to 2.2 GWh of EnerX battery energy storage systems for the Vanda solar and battery project. Located in the Riau Islands, the project will have 2 GWp of solar capacity and 4.4 GWh of battery storage, and complies with Indonesia's local content requirements (TKDN). The project is part of the Green Economy Corridor developed in partnership between Indonesia and Singapore. It adopts a solar-plus-storage model, aiming to provide stable clean energy while promoting industrial development around the green energy infrastructure in the Riau Islands. It is a flagship project for Indonesia's renewable energy transition and regional energy cooperation. The batteries under the agreement will be produced at CATL's new factory in Karawang, West Java, which broke ground in late June and is expected to have a total capacity of 15 GWh. This cooperation strengthens the project's supply chain and supports Indonesia's ambition to become a hub for the battery and renewable energy industry in Southeast Asia. It is expected to attract investment, reduce the cost of domestic renewable energy development, and enhance Indonesia's position as a strategic destination for green investment.