July 17, 2025 | Singapore — Singapore-based renewable energy developer Vanda RE Pte Ltd, a joint venture of Gurīn Energy Pte Ltd and Gentari International Renewables, has signed a major framework supply agreement with global battery leader Contemporary Amperex Technology Co., Limited (CATL). The deal, announced today, will see Vanda RE procure up to 2.2 GWh of CATL’s EnerX battery energy storage systems (BESS) for its flagship Vanda Solar & Battery Project in Indonesia’s Riau Islands.
The utility-scale scheme integrates 2 GWp of solar photovoltaic capacity with 4.4 GWh of battery storage, aiming to become one of Southeast Asia’s largest solar-plus-storage developments. CATL’s contribution—half of the overall storage capacity—will enable the project to comply with Indonesia’s domestic content requirements (TKDN), leveraging local production at CATL’s new Karawang, West Java factory, which is set to reach an annual capacity of 15 GWh.
The project is a central pillar of a broader Indonesia–Singapore “green economic corridor”, under which clean energy—including solar power from the Riau Islands—will be exported to Singapore via subsea cables. The Singapore Energy Market Authority granted conditional approval in 2024 for annual exports of 300 MWh of renewable electricity.
Enda Ginting, Country Manager (Indonesia) at Gurīn Energy, described the deal as “another critical milestone” for delivering the “highest technical and operational standards,” and emphasised the confidence stakeholders place in the project and the cross-border vision.
Industry observers believe the agreement signals a strategic shift toward regional clean‑tech industrialisation: anchoring CATL and other Chinese manufacturers—such as LONGi and Trina Solar, already contracted for 1 GW of solar panels—into Indonesia’s supply chain, fostering local manufacturing, reducing renewable‑energy costs, and bolstering the nation’s attractiveness for green investment.
The Riau Islands project is slated for completion in 2027 and supports Indonesia’s ambition to deploy 10.3 GW of storage by 2034 under its PLN power development plan.
This transaction positions CATL as a key energy-storage supplier in Southeast Asia while advancing Singapore’s regional renewable-power import strategy and showcasing the rapid growth of solar-plus-storage infrastructure across the region.