IEA Announce To Setup It First Southeast Asia Office In Singapore

International Energy Agency (IEA) recently announced the establishment an IEA Regional Cooperation Centre, in Singapore. It mentioned it to be IEA’s first office outside of its headquarters (HQ) in Paris, France. The announcement was made during the IEA’s 50th Anniversary Ministerial in Paris. IEA announcement, “This headquarter will work with all countries in Southeast Asia […]

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Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023

Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […]

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Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India

Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […]

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Singapore, UK, Mauritius, UAE Biggest Solar Investors In India: R.K Singh

The union minister of new and renewable energy, R.K Singh shared details of the solar investment received within the by India in the last three years i.e., from 2020 – September 2023. He stated, “Indian solar sector has received 3860.158 million investments through foreign direct investment (FDI) within the country till 30th September 2023.”   India […]

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LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia

Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […]

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Singapore Aims for Low-Carbon Hydrogen Towards Net-Zero by 2050

In a bid to march towards its net-zero goal, Singapore has set its sights on pursuing low-carbon hydrogen as part of its decarbonisation efforts. The Deputy Prime Minister of Singapore, Lawrence Wong, who is also its Finance Minister, has disclosed that the country will accelerate its climate goal to accomplish net-zero by 2050 as part […]

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TES, Strides Mobility Sign Agreement on EV Batteries, Charging Infrastructure

TES, a global leader in sustainable technology services, has signed an MoU with Singapore-based transportation company, Strides Mobility to collaborate on lithium-ion battery recycling and electric vehicle charging infrastructure expansion in Singapore. Under the agreement, TES and Strides Mobility will work on EV battery recycling and charging as well as energy storage initiatives. The deal […]

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Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals

Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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