SP Group, the Singaporean national power grid operator and a wholly owned subsidiary of Temasek Holdings, Singapore’s sovereign wealth fund, plans to increase investment in China’s clean energy sector.

Stanley Huang, CEO of SP Group, said the company, which owns and operates Singapore’s electricity and gas transmission and distribution network, plans to own and operate a portfolio of 7-gigawatt solar assets and 240,000 refrigeration tons of district cooling capacity in China.

https://www.chinadaily.com.cn/a/202310/18/WS652f44afa31090682a5e92f4.html

China and Singapore are upgrading their free trade agreement.