Renewables
DBS Launches Singapore’s First Green Car Loan
DBS is launching Singapore’s first green car loan, the DBS Green Car Loan, to encourage car owners in Singapore to reduce their carbon footprint. Available from 1 March 2021, the DBS Green Car Loan provides a 1.68% p.a.[1] car loan to all customers purchasing new and used electric and hybrid vehicles. The rate is currently …
CapitaLand, SP Group And Sembcorp To Study Use Of Integrated Energy Solutions To Green Data Centres
CapitaLand’s data centre is the first to pilot in Singapore under SP’s Energy Partnership Programme CapitaLand, SP Group (SP) and Sembcorp Industries (Sembcorp) have signed a Memorandum of Understanding (MOU) to jointly study the use of integrated energy solutions to power data centres. CapitaLand’s data centre is the first to pilot in Singapore under SP’s …
Microsoft Finds Underwater Datacenters Are Reliable, Practical And Use Energy Sustainably
Earlier this summer, marine specialists reeled up a shipping-container-size datacenter coated in algae, barnacles and sea anemones from the seafloor off Scotland’s Orkney Islands. The retrieval launched the final phase of a years-long effort that proved the concept of underwater datacenters is feasible, as well as logistically, environmentally and economically practical. Microsoft’s Project Natick team deployed the Northern …
DBS Bank Provides SGD40 Million Loan Facility To Sembcorp Industries For Singapore’s First Single Large-scale Floating Solar Photovoltaic System
DBS Bank has provided a SGD40 million loan facility to Sembcorp Industries (Sembcorp) to build a 60 megawatt-peak (MWp) floating solar photovoltaic (PV) system on Tengeh Reservoir in Tuas. The bank is the sole financier for the project. Scheduled to be completed in 2021, the project will be Singapore’s first single large-scale floating solar PV …
4 Emerging Trends And Challenges For Renewable Energy In 2020
Economic slowdown, trade tensions, and recently, a global pandemic are some challenges that can impede the growth of the renewable energy industry. However, there are also opportunities for growth. In April 2019, renewables outpaced coal in terms of electricity generated in the United States, Energy Information Administration (EIA), reports. This is the first time such …
DBS Converts EUR 500 Million Guarantee Facility With Siemens Gamesa Renewable Energy To Green Facility
DBS Bank (DBS) announced that it has converted to a green facility, its EUR 500 million bank guarantee issuance facility with Siemens Gamesa Renewable Energy (Siemens Gamesa). Siemens Gamesa is a leading global manufacturer of onshore and offshore wind turbines. Under this green facility, Siemens Gamesa will be able to issue Green Guarantees to support …
SATS And Sembcorp Form Sustainability Partnership To Green Operations
SATS Ltd. (SATS), Asia’s leading provider of Food Solutions and Gateway Services, and Sembcorp Industries (Sembcorp), a trusted global integrated energy company, have signed a Memorandum of Understanding (MoU) for the development of a suite of integrated solutions to help SATS reduce its environmental footprint across several facilities. This will bring SATS a step towards …
The Future Of Singapore’s Energy Story
Our Energy Story will harness “4 Switches”, energy efficiency and the power of co-creation to create a sustainable energy future for Singapore. Singapore’s energy sector has come a long way since its early days. Over the last 50 years, we have moved from oil to natural gas for cleaner power generation. We are also starting …
Sembcorp Joins Hands With Becamex And VSIP To Bring Sustainable Smart Energy Solutions To Vietnam
Sembcorp Smart Energy Solutions Vietnam (Sembcorp), a newly incorporated wholly-owned subsidiary of Sembcorp Industries is pleased to announce it has signed a joint venture agreement with Becamex IDC Corporation (Becamex) and Vietnam Singapore Industrial Park J.V. Co (VSIP) to introduce a new generation of sustainable smart energy solutions to Vietnam. The tripartite partnership will see …
How Cheap Must Batteries Get For Renewables To Compete With Fossil Fuels?
While solar and wind power are rapidly becoming cost-competitive with fossil fuels in areas with lots of sun and wind, they still can’t provide the 24/7 power we’ve become used to. At present, that’s not big a problem because the grid still features plenty of fossil fuel plants that can provide constant baseload or ramp …