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PacificLight Power to build $1b hydrogen-ready power plant on Jurong Island

Jan 04, 2025•over 1 year ago

Contract Type

contract

SingaporeEnergyRenewable EnergyBiomass Energy

Description

PacificLight Power, a local electricity generator, has been awarded a contract by the Energy Market Authority to build a $1 billion hydrogen-compatible natural gas power plant on Jurong Island. The plant, scheduled to begin operations in 2029, will be the largest single and most efficient combined cycle gas turbine facility in Singapore, with a capacity of at least 600MW. The plant will also be the first to be paired with a large-scale battery energy storage system.

Company Information

Company

PacificLight Power

Location

Singapore

About

PacificLight Power is a local electricity generator in Singapore that is known for its innovative energy projects.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.