Equinix signed its fourth renewable energy deal in two years to support Singapore’s green future, securing additional clean power allocations for its expanding campus footprint.
Equinix has announced its latest renewable energy power purchase agreement (PPA) in Singapore, partnering with Flo Energy Singapore (Flo). Marking the company’s fourth such deal in two years, the agreement underscores Equinix’s long-term commitment to advancing Singapore’s Green Plan 2030.
As Singapore’s largest independent electricity provider, Flo will supply at least 11.5MWp of renewable energy capacity through this new solar PPA, sourced from industrial and commercial rooftop installations nationwide. The contract also grants Equinix an option to scale capacity to 50MWp over time, aligning with the company’s expanding energy requirements and long-term sustainability objectives.
Cumulatively, Equinix’s Singapore renewable energy portfolio will reach 215MWp by 2028, solidifying its standing as one of the nation’s top colocation power off-takers. Together, these agreements are projected to generate approximately 250,000 MWh of electricity annually—equivalent to the yearly charging demand of roughly 60,000 electric vehicles (EVs) in Singapore.
"Singapore’s position as a trusted global AI and Digital Hub will be underpinned by digital infrastructure that is resilient, sustainable and built for the future," said Yee May Leong, Managing Director, Singapore, Equinix. "Our fourth PPA is a significant milestone that reflects the power of collaboration across Singapore's public and private sectors. As demand for digital infrastructure continues to accelerate, Equinix remains committed to supporting Singapore's position as a global digital hub while advancing the nation's sustainability goals."
Partnering with Flo expands Equinix’s renewable energy sourcing strategy by integrating additional private-sector providers into its supply chain. The deal complements existing agreements and national programs, including SolarNova 7 and JTC Jurong Island, establishing a more diversified and resilient pathway to renewable energy in a land- and resource-constrained market.
"Singapore's data center sector is entering a new phase in which energy availability and sustainability considerations are becoming increasingly strategic. Equinix's latest agreement highlights how operators are diversifying their renewable energy sourcing models and collaborating with a wider ecosystem of partners. In a market shaped by land and grid constraints, multi-stakeholder approaches will play a critical role in supporting the continued growth and decarbonization of digital infrastructure," said Soon Chen Kang, Senior Research Analyst, 451 Research, S&P Global Market Intelligence.
"With Singapore’s limited space, we need to think differently about how we make renewable energy more accessible for businesses with renewable aspirations. By bringing together generation from commercial and industrial rooftop solar projects across Singapore, this agreement demonstrates how we can help businesses support renewable energy at scale through our Data Centre Solutions, even in a land-constrained market," added Flo CEO Matthijs Guichelaar.
Equinix is the inaugural client for Flo’s newly launched Data Centre Solutions, a service also extended to Australian data center operators via Flo’s regional branch. The platform assists operators in managing electricity costs and renewable energy procurement through customized offerings, including fixed-price contracts, progressive purchasing, structured derivatives, Renewable Energy Certificate (REC) matching, and PPAs. Designed to address rising regional demand, the solution provides flexible procurement pathways tailored to data center operators.
Beyond direct procurement, Equinix is investing in initiatives that bolster Singapore’s long-term energy resilience and innovation landscape. The company recently pledged over S$9 million in multi-year funding to advance research into alternative clean energy sources, including geothermal power and small modular reactors (SMRs).
Additionally, Equinix has contributed S$450,000 to Singapore Management University’s ResWORK program and partnered with the National University of Singapore (NUS) to establish a Co-Innovation Facility (CIF) within the upcoming Equinix International Business Exchange® (IBX®), SG6. The facility will accelerate the development of next-generation data center sustainability and energy technologies, including fuel cells, battery energy storage, liquid cooling, and digital twin capabilities.
With this latest agreement, Equinix now holds over 1,490 MW of contracted wind and solar PPAs across 11 countries, including Australia, India, Japan, and Singapore. Collectively, these efforts reinforce the company’s broader commitment to expanding renewable energy coverage across its global infrastructure and powering a more sustainable digital future.
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