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Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin
Market

Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin

The electric vehicle charging station market in Singapore is undergoing significant changes. Some operators are opting to divest, with one company acquiring three competitors and over 140 charging points in one go.

December 12, 2024

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Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin
Market

Singapore's Charge+ acquires 3 EV charging firms as new licensing rules begin

The electric vehicle charging station market in Singapore is undergoing significant changes. Some operators are opting to divest, with one company acquiring three competitors and over 140 charging points in one go.

December 12, 2024
Singapore, EU, China collaborate on multi-jurisdiction green financing taxonomy
Finance

Singapore, EU, China collaborate on multi-jurisdiction green financing taxonomy

Singapore’s sustainable finance taxonomy is aligned with those of the EU and China after it was launched at the end of last year. This alignment will serve as a framework for investors to assess green economic activities across these three regions.

November 19, 2024
Singapore gives a green light to import Australia solar power via subsea cable
Regulation

Singapore gives a green light to import Australia solar power via subsea cable

Singapore government announced the conditional approval for the import of low-carbon energy from Australia, giving the green light to a 4,300-kilometer undersea cable project connecting the two countries.

October 23, 2024
Singapore’s cross-border deal reveals obstacles of ASEAN power grid
Market

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 24, 2024
Singapore companies face 'minimal impact' from carbon tax hike: Survey
Market

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 18, 2024
Singapore to mandate 10% energy cut for large buildings starting 2025
Regulation

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.

September 13, 2024
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