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KKR powers up Singapore’s Barghest Building Performance with $33m investment

KKR has invested S$45m ($33m) in Singapore-based energy savings business Barghest Building Performance, as the firm peruses its impact investment strategy. BBP provides energy efficiency services for heating, ventilation and air conditioning systems in commercial and industrial buildings. The company has operations across Southeast Asia, China, India and Taiwan. KKR launched its dedicated Global Impact business in 2018 to invest in businesses […]

Singapore ranks fifth in total green office space certifications

It lagged behind Beijing and Sydney with only around 13 million sqft of certified green space. Singapore came in fifth place across the six major gateway cities in Asia Pacific (APAC) analysed in terms of the largest volume of green office space with approximately 13 million sqft, according to a report by CBRE Research. Shanghai […]

Towards an energy efficient ASEAN

In tandem with a renewable energy policy, energy efficiency will be key to building a reliable and sustainable energy system for the future of Southeast Asia. Energy efficiency refers to the reduced rate of energy consumption in order to produce the same amount of output. Less energy resources are needed to fuel the same level […]

Grundfos Partners with Cambodia to Improve Water Security

PHNOM PENH, Cambodia – Grundfos and the Ministry of Industry & Handicraft, Cambodia today confirmed that they will exchange a letter of intent to strengthen cooperation in water management, in an effort to reduce the cost of water and increase access to clean, quality water in the country. His Excellency Cham Prasidh, Minister of Industry […]

Incentives available to help green buildings

We thank Ms Christine Li for her commentary, “What can be done to make Singapore buildings more green?” (Nov 9). The Building and Construction Authority (BCA) engages the industry periodically to review and enhance the green buildings schemes. We will certainly take Ms Li’s suggestions into consideration when we next review our schemes. We agree […]

Singapore to spend $10M on new urban technology

Singapore government has earmarked S$14 million (US$10.19 million) over three years to fund the development of smart estates and modern technology, such as energy efficient applications. Singapore has earmarked S$14 million (US$10.19 million) to drive the development of smart urban estates that can operate and consume energy more efficiently. To be spread across three years, […]

Gaming to help cut electricity usage

The rising cost of electricity sends an important message that the availability of electricity should not be taken for granted (Electricity tariffs to rise by 2.1% for Oct to Dec; Sept 30). As a carbon-based economy, Singapore requires more energy as it continues to prosper, while emitting a large amount of carbon dioxide in the […]

Will lower prices in open market make consumers use more electricity? Experts weigh in

SINGAPORE: As electricity retailers in the Open Electricity Market (OEM) dangle discounted tariffs at cost-savvy consumers, experts are divided over whether this could lead to higher consumption. Some said this could lead to a “rebound effect”, which refers to consumers using more electricity because it is cheaper. Others said the OEM would make users more aware […]

Sultan calls for wise use of technology

HIS Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam yesterday reminded the people to use technology wisely for the purposes of strengthening their religious faith, instead of allowing themselves to be controlled by technology. His Majesty said this in […]

Yeo: Malaysia can save at least RM47bil over 15 years by being more energy efficient

KUALA LUMPUR: The nation stands to save a minimum of RM47bil over the next 15 years if becomes more energy efficient, says Minister of Energy, Green Technology, Science, Climate Change and Environment Minister Yeo Bee Yin (pic). To work towards this, 50 government buildings will be retrofitted with energy efficient lightings and appliances by next […]