A Clear Vision
In partnership with other parties who provided business support, Sinag Global was founded with the vision of sustaining life through the provision of reliable, accessible and clean energy.
A Strong Mission
As the exclusive licensee for stationary power generation applications of the technology worldwide,1 Sinag Global aims to fulfil this vision through the provision of affordable and competitive electricity rates by advancing the adoption of the EER technology at a global scale. We aim to:
- Provide a safe, reliable, affordable and sustainable global electricity supply by replacing coal, oil and nuclear with the EER Stationary Power Generator (EER-SPG) system.
- Protect and drive shareholder value by maintaining low levels of exposure to financial and operational risks.
While global energy demand is predicted to taper off at an average growth of 0.7% per annum through 2050, demand for electricity is expected to outpace that of all other fuels.2 This accelerated demand for electricity is primarily underpinned by electrification across key end uses (e.g. transport, buildings, etc.), and higher living standards in Asia and Africa in particular, supporting demand for electricity-based services.
Sinag Global’s core business is generating and retailing the electric power output of EER-SPGs through power supply agreements with direct customers and/or JV arrangements with strategic partners such as IPPs or RES.
1 Except for the Philippines and Malaysia.
2 McKinsey Energy Insights’ Global Energy Perspective, December 2017
Sinag Global Energy 