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Aster Power will focus on advancing power and steam generation, as well as renewable power solutions across Aster’s assets
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[SINGAPORE] Chemical and energy solutions firm Aster on Monday (Oct 27) said its new unit has secured an agreement with Sembcorp Solar Singapore to deploy about 16 megawatt-peak of solar capacity across Aster’s integrated infrastructure on Bukom and Jurong Island by end-2026.
Once operational, the projects will generate enough renewable energy to reduce 169,000 tonnes of carbon emissions over their lifetime. That is the equivalent to the removal of nearly 17,000 internal combustion engine cars off the road for one year, it said.
Aster, which is jointly owned by Indonesia’s Chandra Asri and commodities giant Glencore, said the new unit will be a dedicated energy business called Aster Power. It will focus on advancing power and steam generation, as well as renewable power solutions across Aster’s assets.
“The establishment of Aster Power marks a pivotal step in expanding our renewable energy footprint,” said Erwin Ciputra, Aster’s chief executive. “These initiatives uniquely position Aster Power to serve both the energy and chemicals sectors and support Singapore’s maritime ambitions for cleaner, greener port operations.”
Aster Power is also looking to “upscale its deployment of solar energy systems”, including a nearshore solar photovoltaic system. It aims to explore new energy infrastructure such as electric ferry charging stations and tailored green power supply solutions.
Sembcorp on Monday also unveiled Singapore’s largest ground-mounted solar project on the island, the Jurong Island Solar Farm, with an installed capacity of 118 megawatt-peak.
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The announcements were part of Singapore International Energy Week, which kicked off at the Sands Expo & Convention Centre on Monday.
Minister-in-charge of Energy and Science & Technology Tan See Leng announced a slew of green efforts at the event’s opening lecture. This included a low-carbon data centre park on Jurong Island with up to 700 megawatts of capacity and a regulatory sandbox to explore biomethane as a low-carbon fuel.
In September, Aster said it was investing US$125 million to upgrade its single buoy mooring and pipeline infrastructure near the Bukom refinery.
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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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