Equator Renewables Asia

Name

Equator Renewables Asia

Legal name

Equator Renewables Asia

Website

https://equatore.asia

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Infrastructure

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF), Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics) (EUAMABAK), Hybrid Renewable Systems & Co-Optimization R&D (Solar+Wind+Storage, Multi-Resource Plants, Controls) (EUAMAOAI)

Keywords

• Utility-scale solar
• Battery energy storage
• Green hydrogen production
• Cross-border transmission
• Sustainable industrial zones

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Cross-Border Electricity Export: Sale of solar-generated electricity to Singapore via subsea transmission link. Revenue generated through long-term power purchase agreements (PPAs) with Singapore's grid operator and industrial off-takers. The 400 MW export capacity delivers firm, zero-emission power backed by battery storage.
2. Green Hydrogen Sales: Production and sale of certified green hydrogen (20 tonnes/day initial capacity) to Singapore's industrial sector and maritime bunkering market. Revenue from hydrogen offtake agreements with refineries, chemicals, semiconductors, and shipping companies.
3. Sustainable Industrial Zone Development: Development of Green Economic Corridor infrastructure in Riau Islands (Batam, Bintan, Karimun) attracting green manufacturing investments. Revenue from project development fees, infrastructure services, and equity participation in zone development.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Equator Renewables Asia develops and operates an integrated utility-scale renewable energy hub in Indonesia's Riau Islands, comprising 2.2 GWp of ground-mounted solar PV generation paired with a 3.2 GWh grid-forming Battery Energy Storage System. The generated power is exported to Singapore via a dedicated subsea HVDC cross-border transmission link with 400 MW AC capacity under a Conditional Import License from Singapore's Energy Market Authority. The company additionally produces 20 tonnes/day of green hydrogen using Liquid Organic Hydrogen Carrier (LOHC) technology for safe transport to Singapore's industrial and maritime sectors, and develops Sustainable Industrial Zones in Batam, Bintan, Karimun, and Tanjung Pinang.

Product overview

Equator Renewables Asia (ERA) operates as an integrated clean energy platform combining five core offerings: Cross-Border Transmission (subsea HVDC link exporting 400 MW to Singapore), Utility-Scale Solar (2.2 GWp ground-mounted PV), Battery Energy Storage System (3.2 GWh BESS with EMS), Green Hydrogen Production (20 t/day via LOHC technology), and Sustainable Industrial Zone development. These components work as an integrated energy hub in Indonesia's Riau Islands, combining solar generation with battery storage for firm power delivery, green hydrogen production for industrial decarbonization, and cross-border transmission infrastructure to serve Singapore's clean energy import targets.

Differentiator

Problem solved

Functional benefit

Products and services

• Cross-Border Transmission Subsea HVDC transmission infrastructure exporting up to 400 MW AC of clean, solar-generated electricity from Indonesia's Riau Islands to Singapore, integrated with battery storage for firm power delivery under EMA Conditional Import License. Customers are Singapore's grid operator and large industrial off-takers.
• Utility-Scale Solar PV Generation Ground-mounted solar photovoltaic installation of approximately 2,200 MWp capacity, optimized for tropical conditions and designed for long-term grid integration and reliability. The electricity is sold via cross-border transmission to Singapore's grid operator and industrial off-takers.
• Battery Energy Storage System (BESS) 3,200 MWh grid-forming battery storage system with Energy Management System (EMS) for grid stability and firm power delivery, enabling consistent electricity supply at ~60% annual load factor across varying demand profiles. Provides firming services for the solar-to-Singapore export project.
• Green Hydrogen Production Green hydrogen production facility using LOHC (Liquid Organic Hydrogen Carriers) technology, producing 20 tonnes of hydrogen per day via dedicated solar generation and ~100 MW electrolyzer for export to Singapore's refineries, chemicals, semiconductors, and maritime bunkering markets.
• Sustainable Industrial Zone (SIZ) Development Green Economic Corridor initiative in the Riau Islands (Batam, Bintan, Karimun, Tanjung Pinang) transforming the region into an investment hub for green industries, powered by dedicated renewable energy infrastructure and connected to Singapore through cross-border transmission. Attracts electronics, biotech, pharma, and semiconductor manufacturers seeking TKDN-compliant, renewable-powered facilities.

Quantifiable outcome

• 400 MW of renewable electricity import capacity to Singapore
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered major, technology partner and flagship.

• China Nuclear CREImajorStrategic or Co-development Partner · 1 January 2025Strategic partnership signed in 2025 with China Nuclear CREI for project development collaboration. The partnership announced plans for a 900 MWp solar project to supply clean energy from Indonesia to Singapore via cross-border transmission link.
• LONGitechnology partnerTechnology or IntegrationTechnology partner providing solar modules for ERA's utility-scale solar installations. Listed as a technology partner alongside other global leaders in solar and storage.
• Trina Solartechnology partnerTechnology or IntegrationTechnology partner providing solar modules for ERA's utility-scale solar installations. Contributing to the 2.2 GWp solar PV capacity development.
• CATLtechnology partnerTechnology or IntegrationTechnology partner providing battery storage solutions for ERA's 3.2 GWh BESS installations. CATL supplies battery storage technology for grid stability and firm power delivery.
• CLOUtechnology partnerTechnology or IntegrationTechnology partner providing energy storage and metering solutions for ERA's integrated energy management system. Listed as a technology partner working with global leaders in solar and storage.
• Huaweitechnology partnerTechnology or IntegrationTechnology partner contributing to ERA's energy infrastructure. Listed alongside other global leaders in solar and storage technology.
• Green Corridor Indonesia (GCI)flagshipStrategic or Co-development PartnerERA is part of the Green Corridor Indonesia (GCI) consortium, collaborating with Indonesian and Singaporean authorities to establish a regulated Green Electricity Corridor in ASEAN. GCI is a joint initiative with Bappenas endorsed by President Prabowo at World Expo Osaka 2025.
• KeppelmajorStrategic or Co-development PartnerPart of the US$22 billion investment consortium for Green Sustainable Industrial Zones in Batam, Bintan, and Tanjung Pinang. Keppel contributes to the development of green industrial infrastructure as part of Indonesia's Green Economic Corridor.
• Vanda REmajorStrategic or Co-development PartnerPart of the US$22 billion investment consortium for Green Sustainable Industrial Zones. Vanda RE contributes renewable energy expertise to the sustainable industrial zone development.
• Gurin EnergymajorStrategic or Co-development PartnerPart of the US$22 billion investment consortium for Green Sustainable Industrial Zones. Gurin Energy participates in the development of green industrial infrastructure in the Riau Islands.

Scale indicators8 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• China Nuclear CREI: Strategic co-development partner of ERA, with a 900 MWp solar project planned for the Riau-Singapore cross-border link. Comparable as a developer of utility-scale solar tied to Singapore offtake via HVDC transmission.
• Sun Cable: Developer of the Australia–Singapore AAPowerLink project — the world's largest proposed solar + storage + subsea HVDC export scheme. Conceptually the closest international analogue to ERA's Riau-to-Singapore cross-border solar+HVDC model.
• Gurin Energy: Singapore-based renewable IPP developing utility-scale solar and storage projects across Southeast Asia. A consortium partner with ERA in the Green Sustainable Industrial Zones initiative and a directly comparable regional IPP.
• Vanda Renewables: Singapore-headquartered renewable energy developer focused on C&I and utility-scale solar across Southeast Asia. Vanda is a co-partner with ERA in the US$22B Green Sustainable Industrial Zone consortium and targets similar Singapore industrial off-takers.
• Sunseap Group (EDP Renewables APAC): ERA's direct predecessor — the same founder and senior team previously built Sunseap into one of Southeast Asia's largest solar companies, now operating under EDP Renewables. It is the closest comparable utility-scale solar developer in Singapore/SE Asia.

Broad incumbents

• ACEN (Ayala Corporation): Philippines-headquartered renewables IPP with a multi-GW portfolio across Southeast Asia, Australia and India. Comparable as a regional utility-scale solar and storage developer pursuing cross-border and industrial decarbonization opportunities.
• Keppel Infrastructure: Singapore-listed infrastructure arm of Keppel, with a multi-GW renewables and clean energy portfolio across Asia. Co-partner in the US$22B Green Sustainable Industrial Zones consortium and a natural broad incumbent peer for utility-scale renewables + industrial decarbonization in Singapore.
• Sembcorp Industries: Singapore-listed energy and urban developer with a growing renewables and integrated energy solutions portfolio across Southeast Asia, including Indonesia. Comparable as a broad incumbent in Singapore-anchored clean power and industrial decarbonization.
• PT PLN (Indonesia): Indonesia state-owned electricity utility with growing renewable generation portfolio and grid-interconnection authority over Riau Islands projects. Relevant peer given ERA's generation assets sit in PLN's territory and require Indonesian grid-side coordination.

Emerging players

• Cumulus Energy: Singapore-based clean energy developer focused on behind-the-meter and utility-scale renewable projects for industrial customers in Southeast Asia. Comparable as an emerging Singapore-anchored renewables developer targeting hard-to-abate industrial off-takers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Equator Renewables Asia