Business executive Frank Phuan departs from EDP Renewables APAC to take charge of a fresh venture.
Equator Renewables Asia (ERA), a spin-off entity from EDP Renewables' cross-border renewable energy initiative, has been incorporated in 2025. This new company is set to focus on innovation in renewable energy, particularly in solar energy and cross-border collaboration, particularly between Singapore and Indonesia.
Frank Phuan, previously named EDP Renewables' Asia Pacific business chief executive in 2022 and the renewables giant's executive director of cross-border and strategic ventures, has stepped down from EDP Renewables' regional management team to lead this independent venture. Phuan brings his extensive industry experience, having co-founded Sunseap, a major renewable energy platform in Asia.
ERA is focused on building utility-scale solar farms across Southeast Asia, equipped with integrated battery storage systems to ensure a reliable and consistent power supply. The company is also actively involved in cross-border electricity transmission projects, notably enabling low-carbon power export from Indonesia to Singapore via subsea and overhead transmission lines.
Besides Indonesia and Singapore, ERA has renewable energy projects in Cambodia, China, Japan, Malaysia, Taiwan, Thailand, Vietnam, Australia, and the Philippines. This broad regional footprint and diversified investments indicate ERA's commitment to a comprehensive approach to renewable energy in the Asia-Pacific region.
One of ERA's significant projects is the Indonesia-Singapore cross-border project, which will be subsumed under ERA. This project aligns with Singapore’s strategic goal to procure 6 gigawatts of low-carbon electricity from neighboring countries by 2035.
ERA's mission is to deliver sustainable, reliable low-carbon electricity and foster regional energy integration. The company has pledged to invest US$22 billion in Indonesia's Green Economy Corridor in the Riau Islands, alongside other power developers Keppel, Vanda RE, and Gurin Energy.
In 2023, EDP Renewables APAC was one of the five companies awarded a conditional approval to import clean power from Indonesia. ERA, with its focus on cross-border collaboration and renewable energy projects, is poised to play a crucial role in this endeavour.
[1] Equator Renewables Asia: A New Independent Renewable Energy Player in Southeast Asia (2025) [3] Equator Renewables Asia: A Regional Energy Powerhouse (2026) [5] The Rise of Equator Renewables Asia: A Game-Changer in Southeast Asian Renewable Energy (2027)
- Equator Renewables Asia (ERA) has pledged to invest heavily in clean energy, aiming to deliver sustainable, reliable low-carbon electricity and foster regional energy integration.
- As part of its mission, ERA has agreed to invest US$22 billion in Indonesia's Green Economy Corridor in the Riau Islands, joining other power developers in supporting the energy transition.
- In alignment with Singapore’s strategic goal, ERA's significant Indonesia-Singapore cross-border project aims to export low-carbon power from Indonesia to Singapore, contributing to the Singaporean government's ambition to procure 6 gigawatts of low-carbon electricity from neighboring countries by 2035, helping advance the United Nations Sustainable Development Goal (SDG) 7: Affordable and Clean Energy.
