Singapore scheme proposes blockchain and carbon credits to make tropical data centers green
A blockchain based asset exchange licensed by the Singapore authorites is teaming with an AI firm to offer carbon measurement and offsetting for tropical data centers. MetaVerse Green Exchange (MVGX) a crypto exchange regulated by the Monetary Authority of Singapore (MAS) is working with industrial AI firm Red Dot Analytics to measure and offset the […]
Singapore energy regulator freezes new entrants, mulls rules to minimise power retailer failures
SINGAPORE’s energy market regulator is mulling tightening licensing conditions for electricity retailers that may require players to raise their physical hedging and capital positions and possibly even, provide performance bonds, after last year’s staggering spikes in spot electricity prices drove nearly half a dozen of them to close shop.
Singapore Carbon Exchange Plans Futures Trading for Offsets
A Singapore carbon exchange is teaming up with Germany’s main bourse to launch futures trading for carbon offsets as early as this year to meet the growing demand from companies to hedge their risks from greenhouse gas emissions.
Singapore Gets 20 Proposals for Low-Carbon Power From Its Neighbors
Singapore received 20 proposals to supply it with low-carbon electricity from overseas in what could be a test case for the ability of small countries to access green power. The Energy Market Authority got bids for supply from Indonesia, Malaysia, Thailand and Laos in response to a tender that sought 1.2 gigawatts of lower-carbon electricity […]
S’pore opens first solar farm with integrated rainwater harvesting system
SINGAPORE – Sitting on almost 10ha of temporary vacant land, Singapore’s first solar farm with an integrated rainwater harvesting system was officially opened by Sembcorp in Tuas on Friday (May 6). Tapping the country’s rainy weather, the facility is expected to collect 170,000 cubic metres of water annually – equivalent to the amount to fill […]
Singapore urges additional bunker fuel testing on fuel quality concerns
The Maritime and Port Authority of Singapore is encouraging marine fuel buyers to request additional testing to rule out quality issues that have plagued supplies at the world’s largest bunkering port in recent months, the regulator said in a statement late May 5. MPA’s recommendations follow its investigation into bunker fuel quality in Singapore after […]
Singapore startup to launch electric motorbikes in Indonesia, says no plans to sell locally for now
The 40-year-old entrepreneur also felt that in Singapore, regulations to get vehicles road-safe are too strict. “I can’t test my bikes legally on the roads in Singapore because it’s not a vehicle yet… The only leeway I could get was to test on private roads,” he said. But this would mean extra costs for transporting […]
Indonesia to export clean energy to Singapore
JAKARTA, April 24 (Vietnam News/ANN): Singapore’s renewable energy developer Quantum Power Asia Pte has agreed to advance a US$5 billion plan in Indonesia to export solar power to Singapore, which attempts to accelerate its use of renewables. Quantum and its Berlin-based partner Ib Vogt GmbH said in a statement on April 19 that they aim […]
dnata further enhances sustainability through investment in solar energy at Changi Airport
Singapore – dnata, a leading global air and travel services provider, continues to invest in infrastructure and equipment to further improve resource efficiency globally. The company has installed a 3.5 megawatt-peak rooftop solar power system across its operations, including its cargo and catering facilities, at Changi Airport (SIN). The rooftop power plant comprises of over 6,500 individual […]
RFI issued for geothermal investigation in Singapore
The Energy Market Authority (EMA) of Singapore has issued a request for information (RFI) to facilitate an assessment of the geothermal energy potential of the country. The RFI is for possible approaches, methodologies, and execution details for carrying out a geophysical investigation to ascertain Singapore’s geothermal potential and identify suitable deployment locations.