Singapore begins importing renewable energy from Laos through Thailand and Malaysia
Singapore started importing renewable energy from Laos through Thailand and Malaysia on Thursday (Jun 23), after an initial two-year power purchase agreement was signed between Keppel Electric and Laos’ state-owned Electricite du Laos (EDL).
Sembcorp Marine shareholders question Singapore yards mega merger
Singapore’s Sembcorp Marine (SGX:S51) has released the financial and operating metrics of its proposed combination with a restructured Keppel Offshore and Marine (Keppel O&M) (SGX:BN4) in a response to queries from its shareholders that fear share dilution.
Singapore to release S$1.5b support package as energy prices stay high
SINGAPORE is committing S$1.5 billion on inflation relief for businesses and households, as global prices climb faster than earlier projected and are likely to stay high. The support package, announced by Deputy Prime Minister Lawrence Wong on Tuesday (Jun 21), will be funded from Singapore’s better-than-expected fiscal position in FY2021, the Ministry of Finance (MOF) has […]
New grant to support Singapore businesses cope with rising energy costs
A new grant that will help local firms reduce their energy bills amid rising electricity costs was announced by the Finance Ministry on Tuesday (June 21). The new Energy Efficiency Grant will provide local small and medium-sized enterprises (SMEs) in the food services, food manufacturing and retail sectors with up to 70 per cent funding […]
Laos to sell electricity to Singapore
Laos will soon start selling electricity to Singapore under the Laos-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP).
Longi equips 19.2-MW solar plant near airport in Singapore
Chinese solar modules supplier Longi Green Energy Technology Co Ltd (SHA:601012), or Longi Solar, has delivered modules for a 19.2-MWp photovoltaic (PV) plant located close to Singapore’s Changi Airport.
Sembcorp to build 200MW battery storage at Singapore’s industrial hub Jurong Island
Singapore-based energy and urban development group Sembcorp is building 200MWh of battery storage systems on Jurong Island, home to much of the country’s industrial activity. Jurong Island was formed through land reclamation efforts that began in the late 1960s and culminated in its establishment as one of the world’s top 10 chemicals production hubs and […]
Measures to secure Singapore’s energy supply extended until end-March 2023 amid protracted global volatility
Measures put in place to enhance Singapore’s energy security and resilience will be further extended until the end of March next year, amid protracted volatility in the global energy market and the conflict in Ukraine, said the Energy Market Authority (EMA) on Thursday (Jun 16). The measures were previously extended until Jun 30.
Norway eyes introducing offshore wind energy to Philippines — envoy
Norwegian Ambassador to the Philippines Bjorn Jahnsen said on Wednesday that Norway has committed to helping the Philippines when it comes to renewable energy sources. Speaking to reporters after his courtesy call on President-elect Ferdinand “Bongbong” Marcos Jr., Jahnsen said he mentioned to Marcos the offshore wind energy that could provide job opportunities for Filipinos.
More philanthropy funds focusing on climate change needed: Reports
To support green causes and efforts to further climate action, Mr David Heng, chief executive of a private equity fund, set up the Mind the Gap 200 – Sustainable Earth fund in 2019. It is part of a project Mr Heng, who is in his 50s, undertook with nine friends and the Community Foundation of Singapore.