VRFB energy storage tender price in Singapore 2025

By GreenTech Insights · · >5 min read

What is Singapore's biggest battery storage project?

Singapore has surpassed its energy storage deployment target three years early, with the official opening of the biggest battery storage project in Southeast Asia. The opening was hosted by the 200MW/285MWh battery energy storage system (BESS) project’s developer Sembcorp, together with Singapore’s Energy Market Authority (EMA).

How much energy storage will Singapore have by ?

With just one project, EMA has achieved and exceeded Singapore’s deployment target of 200MWh of energy storage by . The target was set as part of the EMA programme, Accelerating Energy Storage Access for Singapore (ACCESS), through which the EOI solicitation was held.

What is a VRFB minigrid?

The minigrid is an IPP that sells energy to a mine. The VRFB used vanadium mined by Bushveld in South Africa. Largo Clean Energy announced the start of manufacturing of a 6.1MWh VRFB to be installed in Spain with Enel Green Power. The battery will be coupled with a 1MW PV plant to shift excess solar generation from day to evening.

Who makes VRFBs in South Africa?

Local manufacturer Delectrik has delivered VRFBs locally and started to deliver for export, as well. Bushveld Energy achieved financial close and started construction on a minigrid featuring 3.5MW of solar PV and a 4MWh VRFB from CellCube. The minigrid is an IPP that sells energy to a mine. The VRFB used vanadium mined by Bushveld in South Africa.

Why is the VRFB supply chain important?

Nearly every region of the world is seeing activities by VRFB companies and the supply chain. The number of activities along the supply chain is increasing, which is important to allow for start up battery companies to deliver more and larger VRFBs. Plus, multiple established companies are entering the VRFB industry and its supply chain.

Why is Sembcorp launching a solar energy storage project in Singapore?

It was developed by Sembcorp in collaboration with the Singapore Energy Market Authority (EMA) after winning an EMA contract through a solicitation. With that one project, Singapore its 200MWh by energy storage target and minister Gan Kim Yong said it helps to “counteract sharp and unexpected drops in solar energy.”

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VRFB energy storage tender price in Singapore 2025

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