Solar Energy

Sustainability

How will the oil price plunge impact renewable energy?

SINGAPORE (April 9): Burning more fossil fuel hurts the environment, but with crude oil prices staying way below the historical peak, the lure of basic economics has stymied the pace in which renew

Sustainability

Singapore boosts climate pledge to halve emissions by 2050

SINGAPORE (Mar 1): Singapore enhanced its pledge to reduce the amount of greenhouse gases it emits, saying it now aims to halve emissions from an expected peak in 2030 within the following two deca

Sustainability

UOB in financing tie-up to help power use of solar energy in Singapore

SINGAPORE (Nov 26): United Overseas Bank (UOB) is collaborating with three homegrown solar companies – SolarGy, SolarPVExchange and Sunseap Group – to accelerate the use of solar energy in Singapor

Sustainability

Sembcorp, EMA jointly award grant to NTU to develop Singapore's first virtual power plant

SINGAPORE (Oct 8): Sembcorp Industries and the Energy Market Authority (EMA) have jointly awarded a grant to Nanyang Technological University (NTU) to develop Singapore’s first virtual power plant

M&A

Trek 2000 announces US$3 mil investment in local renewable energy solutions company

SINGAPORE (Jan 14): Trek 2000 International is acquiring a 7.5% stake in energy solutions company Terrenus Energy for US$3 million ($4.06 million).

Tech

Sembcorp signs 20-year deal to supply solar power to Facebook Singapore’s ops

SINGAPORE (Sept 18): Sembcorp Industries has signed a long-term solar energy deal with US social media giant Facebook.

In print this week

Singapore remains oil-fuelled economy despite renewables push

SINGAPORE (Aug 20): The Muffinry in Telok Ayer, a café run by local F&B business Bakery & Bar, has a little framed certificate on a shelf facing the cash register.

Singapore to reduce reliance on fossil fuels by generating power from renewable sources

(Oct 23): Singapore plans to develop solar power and energy-storage technologies as the oil-trading hub of Asia pushes to generate more of its power from renewable sources.

Broker's Calls

Brighter near-term outlook for ISOTeam after a tough financial year

SINGAPORE (Aug 28): RHB Research is maintaining its “buy” call on ISOTeam with an unchanged 50-cent target price after it recently concluded what the research house deems a tough FY17.

ISDN Holdings enters strategic partnership with Hong Kong-listed solar manufacturer

SINGAPORE (May 25): Integrated engineering solutions provider ISDN Holdings has entered into a strategic cooperation framework agreement with Comtec Solar Systems Group, a solar energy player liste

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