News
Singapore
September 24, 2024
Singapore’s cross-border deal reveals obstacles of ASEAN power grid
Singapore announced that the second phase of the project will expand, with plans to import an additional 100 MW of electricity from Malaysia. However, unexpectedly, this electricity may not necessarily be renewable.
September 18, 2024
Singapore companies face 'minimal impact' from carbon tax hike: Survey
Starting this year, Singapore has increased its carbon tax to SGD 25 per ton (about 19 USD) and announced plans for further increases, aiming to encourage companies to accelerate their carbon reduction efforts.
September 13, 2024
Singapore to mandate 10% energy cut for large buildings starting 2025
To reduce the carbon emissions of buildings, the Singapore government has implemented mandatory measures. Starting from the third quarter of next year, high-energy-consuming large buildings in Singapore must adopt energy-saving measures.
August 28, 2024
Singapore startup's immersion cooling technology halves data center energy consumption
Data center startup Sustainable Metal Cloud has introduced an immersion cooling system that reportedly slashes energy consumption by 50% and reduces installation costs by 28% compared to traditional liquid cooling systems.
August 26, 2024
Singapore firms turn to EV, clean cookstoves carbon credits from Ghana
To reduce carbon tax expenditures, Singaporean companies, under government encouragement, have begun focusing on developing carbon credits in Ghana.
August 14, 2024
Experts propose regulatory approaches to accelerate banks to phaseout coal
Recent surveys show that Singapore banks have failed to honor their commitments to stop financing coal-fired power plants. Specifically, DBS Bank, UOB, and OCBC Bank were found to have provided up to $2 billion to the coal industry.
August 13, 2024
TotalEnergies supplies 100% cooking oil-based marine fuel for the first time in Singapore
A significant milestone has been achieved in the development of marine low-carbon fuels. On August 5, French energy giant TotalEnergies successfully introduced its first batch of 100% biofuel (B100) at the port of Singapore.
July 23, 2024
Singapore invests $90 million in mega research on hydrogen, sustainable chemicals
Singapore's government has allocated $90 million through the National Research Foundation (NRF) to launch nine research projects spanning three to five years, aimed at achieving net-zero emissions by 2050.
July 11, 2024
Singapore to stop new diesel cars and taxis registrations from 2025
Singapore announced on the July 10 that starting from 2025, new registrations for diesel vehicles and taxis will no longer be permitted as part of its goal to achieve all vehicles using clean energy by 2040.
June 25, 2024
Singtel expands internal carbon pricing policy to drive down emissions
Singapore's Singtel has announced the expansion of its internal carbon pricing policy. Going forward, any project with total carbon emissions exceeding 100 tons will be subject to a carbon price of SGD 50 per ton (about USD 37).