US oil price faces 2nd decrease below zero
The US benchmark oil price could fall below zero for a second time this year, signalling that global oil stocks are nearing full capacity, says one expert. Manoon Siriwan, an independent energy expert, said a second drop below zero for West Texas Intermediate (WTI) crude may occur soon because oil storage capacity in the US is […]
US$2b investment boost for Singapore’s green finance push
SINGAPORE’s quest to become a global green finance hub just got a US$2 billion speed boost with the launch of an investment programme to support the growth of climate-friendly projects. Known as the Green Investments Programme (GIP), the new initiative by the Monetary Authority of Singapore (MAS) will channel funds to asset managers who are […]
Using Sea Salt to Produce Electricity
Imagine being able to use commonplace objects like sea salt and a piece of cloth to capture moisture in the air to generate electricity or even power everyday gadgets with a non-toxic battery that is as thin as paper. A novel moisture-driven electricity generation (MEG) device has been created by a team of scientists from […]
Vena Energy starts up 37-MW solar park in Japan
November 16 (Renewables Now) – Singapore-based independent power producer (IPP) Vena Energy has completed the construction and started commercial operation of a 37-MW solar PV park in Japan’s Nagano prefecture, it said.
Vietnam seeks to export offshore wind power to Singapore
Vietnam and Singapore recently discussed a plan whereby Vietnam will export offshore wind power to the island nation, according to the outcomes of talks on Tuesday between Vietnamese Minister of Foreign Affairs Bui Thanh Son and his Singaporean counterpart Vivian Balakrishnan.
Volvo unveils “world’s first” autonomous electric bus in Singapore
Volvo has revealed a pioneering, driverless electric bus that is set to undergo testing, before being put into operation on Singapore’s roads. The 12-metre long bus, AB 7900, has a capacity of 93 people, and is able to carry 57 standing passengers as well as those seated. Unlike regular buses used in public transport networks worldwide, this electric vehicle […]
Want home solar panels? Here’s help from OCBC
OCBC Bank has launched a consumer loan for landed property home owners looking to install solar panels, joining other green-related loan offerings available amid a broader push towards sustainability.
Wärtsilä and PSA Marine collaborate to achieve clean energy shipping
SINGAPORE – The technology group Wärtsilä and Singapore-based PSA Marine have agreed to collaborate in the co-creation of smart technologies for the marine sector. The focus will be on solutions that are human-centric and deployable. The Letter of Intent was signed on November 14 as part of the events celebrating the anniversary of the opening […]
Waste biofuels to be ‘key driver’ in energy transition
Waste-based biofuels could be a key driver of the energy transition transforming today’s limited supply of low carbon transportation fuels and creating a local, circular economy, according to a new Wood Mackenzie report
Waste-to-power plant to be developed at flagship environmental facility
Singapore’s National Environment Agency has presented a Letter of Acceptance for the development of a waste-to-power plant and a materials recovery facility at the country’s new Tuas Nexus IWMF Phase 1. The Letter of Acceptance was issued to a Keppel-led consortium for the project’s EPC contract, which is worth more than $1.5 billion. The Integrated Waste Management Facility […]