Keppel and Huawei sign a MoU. Cindy Lim, CEO of Keppel’s Infrastructure Division (far left), and Maxi Wang, CEO of Huawei International (far right), attended the signing ceremony. (Photo: Keppel)
Singapore-based multinational Keppel and Chinese tech giant Huawei have announced a strategic partnership to jointly develop renewable energy solutions. The collaboration will focus on Southeast Asia and other parts of Asia, aiming to promote the deployment of solar and energy storage technologies while accelerating decarbonization efforts in data centers and industrial parks.
Driving energy technology innovation from Singapore
In a joint statement released on May 13, Keppel revealed that the two companies have signed a Memorandum of Understanding (MoU). The first initiative under the partnership will be a demand response program in Singapore, combining Keppel’s energy storage systems with Huawei’s digital technology capabilities. The goal is to develop smart operations and maintenance (O&M) solutions to better balance power supply and demand, thereby enhancing the reliability and efficiency of renewable energy assets.
The companies also plan to expand their efforts into broader Southeast Asian markets. Their collaboration will target projects such as regional power grids, low-carbon data centers and industrial parks, and hybrid energy system management. To support this, Keppel and Huawei will co-develop market entry strategies and jointly roll out solar and storage initiatives.
Cindy Lim, CEO of Keppel’s Infrastructure Division, emphasized the importance of energy storage in mitigating the intermittency of renewable power. She noted that advanced technologies can improve both the life-cycle cost efficiency and safety of renewable energy systems.
Keppel partnered with Singapore Changi Airport last year to install the country's largest rooftop solar system. (Image: Changi Airport)
Storage as a key enabler of renewable integration
The partnership aligns with global sustainability targets and supports Singapore’s Green Plan 2030. According to Maxi Wang, CEO of Huawei International, the initiative reinforces Singapore’s leadership in the global green economy, meets rising demand for renewable energy, and helps reshape the future of energy innovation.
Keppel has been actively forming international partnerships to build a clean energy supply chain across Asia. In March, the company signed an MoU with the Japan Bank for International Cooperation (JBIC).
The agreement explores financing opportunities for ongoing electricity import and low-carbon energy projects and aims to promote cross-border low-carbon power trading and cooperation on clean fuels such as hydrogen and ammonia. Keppel also plans to expand the development of AI data centers and subsea cable infrastructure throughout Asia.
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