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, […]
TBC and AC Energy to build 1.5GW wind projects in South East Asia
Singapore’s renewable energy developer and operator The Blue Circle has signed a strategic partnership agreement with Ayala Corporation’s power subsidiary AC Energy. Under the new partnership, the two companies will jointly develop and construct TBC’s pipeline of nearly 1,500MW of wind projects across South East Asia, more than 700MW of which will be built in […]
Singapore’s Energy Market Company to help firms pick electricity retailer in 15 minutes
It launched a procurement portal, PowerSelect, which also houses electricity futures data. Previously, Singapore firms had to wait for one to two months to find an electricity retailer, because they still need to brief and negotiate with retailers face-to-face individually as well as receive and compare quotations. But weeks after the liberalisation of Singapore’s electricity […]
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 […]
Singapore Brings Environmental Revolution Through Blockchain
Singapore became one of the first countries to implement the blockchain technology for its environmental concerns. The Singapore Power (SP) Group was responsible for setting up the decentralized Energy system in Singapore. The creator of the utility is of the belief that an absence of any centralized form of entity in the Energy Trading will […]
Singapore shares slip as oil tumbles, Malaysia edges up
Weak crude oil prices weigh on rig-builders, petroleum services firms KUALA LUMPUR (Nikkei Markets) — Singapore shares fell Wednesday as investors grappled with lower crude oil prices that weighed on rigbuilders and other firms servicing the industry in a broadly weak market. Malaysia eked out tiny gain. The Straits Times Index closed down 0.3% at […]
Sunseap to build five-hectare offshore floating solar system along Straits of Johor
The system will reduce 26,000 tonnes in greenhouse gas emissions once operational in 2019. Sunseap Group is developing one of the world’s first and largest offshore floating photovoltaic (OFPV) systems along the Straits of Johor which will generate about 6,388MWh of renewable energy annually once completed. According to an announcement, the system is expected to […]
DC fast charging for electric vehicles to be launched in Singapore
It will be priced at 40 cents per kWh. Singaporean company ComfortDelGro will introduce a Direct Current (DC) fast charging service for electric vehicles (EV) in Singapore. According to an announcement, the Terra 54 CG charging station, which will be operated by ComfortDelGro Engineering and global EV charging software provider, Greenlots, can fully charge up […]
Ayala invests in renewable energy firm
AC ENERGY, Inc. through its international unit has invested in Singapore-based renewable energy company The Blue Circle Pte. Ltd. through a 25% ownership acquisition as well as co-investment rights in the latter’s projects. “It’s a platform partnership. The Blue Circle, TBC, is a regional development and operations company focused on wind.” AC Energy Chief Executive […]
Singapore’s Pavilion Energy, Russian Novatek to strengthen LNG partnership
Singapore — Singapore’s Pavilion Energy and Russia’s Novatek have agreed to strengthen their LNG partnership in the areas of supply, trading, logistics and optimization, Pavilion Energy said Tuesday. The agreement, signed November 13, provides for Pavilion Energy to evaluate a potential participation in and offtake from the Novatek-led Arctic LNG 2 project, and it allows […]