Jun 16, 2025 · The initiative aligns with Brunei''s dedication to scale back greenhouse fuel emissions by 20% from ''business-as-usual'' ranges by 2030 and helps the nation''s aim of
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This milestone represents Brunei Darussalam’s largest government-led solar project to date and the first large-scale solar initiative under a Public-Private Partnership (PPP). It underscores the nation’s commitment to diversifying its energy mix and pursuing low-carbon development as part of its decarbonisation agenda.
Major active solar installations in Brunei include the country’s first, Tenaga Suria Brunei, launched in 2010 with a capacity of 1.2 MWp, and Brunei Shell Petroleum’s 3.3 MWp solar plant, launched in 2021 to supply power to its headquarters. Both plants have plans for further expansion.
Brunei is targeting 30% renewable energy in total power generation mix by 2035, with 200 MWp of solar energy by 2025. The launch event also saw the release of Hengyi’s 2023 ESG Report, which highlights their progress in environmental sustainability, social responsibility, and governance.
“The solar energy generated through Project SINAR will not only support the energy needs of Hengyi Industries’ petrochemical refinery, but will also contribute to Brunei’s national power grid when required, enhancing energy sustainability across the nation,” said Qiu Jianlin.
Upon completion by the end of 2026, the project is expected to be the largest SPVPP in Brunei Darussalam, generating an annual output of 64,473,000 kWh, with a potential to offset about 645,000 MMBtu of natural gas and 92 million tonnes of carbon dioxide. The project was formalised on 14 June 2025, following the signing of three pivotal agreements:
Photos by: Faiq Airudin Hengyi Industries yesterday launched their solar project at Pulau Muara Besar (PMB), which is set to become the largest in Brunei upon the completion of its first phase in April 2025.
The global commercial and industrial solar energy storage battery market is experiencing unprecedented growth, with demand increasing by over 400% in the past three years. Large-scale battery storage solutions now account for approximately 45% of all new commercial solar installations worldwide. North America leads with 42% market share, driven by corporate sustainability goals and federal investment tax credits that reduce total system costs by 30-35%. Europe follows with 35% market share, where standardized industrial storage designs have cut installation timelines by 60% compared to custom solutions. Asia-Pacific represents the fastest-growing region at 50% CAGR, with manufacturing innovations reducing system prices by 20% annually. Emerging markets are adopting commercial storage for peak shaving and energy cost reduction, with typical payback periods of 3-6 years. Modern industrial installations now feature integrated systems with 50kWh to multi-megawatt capacity at costs below $500/kWh for complete energy solutions.
Technological advancements are dramatically improving solar energy storage battery performance while reducing costs for commercial applications. Next-generation battery management systems maintain optimal performance with 50% less energy loss, extending battery lifespan to 20+ years. Standardized plug-and-play designs have reduced installation costs from $1,000/kW to $550/kW since 2022. Smart integration features now allow industrial systems to operate as virtual power plants, increasing business savings by 40% through time-of-use optimization and grid services. Safety innovations including multi-stage protection and thermal management systems have reduced insurance premiums by 30% for commercial storage installations. New modular designs enable capacity expansion through simple battery additions at just $450/kWh for incremental storage. These innovations have improved ROI significantly, with commercial projects typically achieving payback in 4-7 years depending on local electricity rates and incentive programs. Recent pricing trends show standard industrial systems (50-100kWh) starting at $25,000 and premium systems (200-500kWh) from $100,000, with flexible financing options available for businesses.