Singapore to Host IEA's First Clean Energy Office; Singapore's $3.7B Pledge: Accelerating Clean Energy Adoption And More...

Singapore and the International Energy Agency (IEA) have announced the establishment of the IEA Regional Cooperation Centre in Singapore, marking the agency’s first office outside of its Paris headquarters. Revealed during the IEA’s 50th Anniversary Ministerial in Paris, the centre aims to enhance energy security and accelerate clean energy transitions in Southeast Asia and beyond. Operating from the second half of 2024, the centre will provide policy guidance, technical assistance, and training to facilitate the deployment of renewables and clean energy technologies, cross-border power trade, and improved access to finance for clean energy investments.

Singapore is establishing a FutureEnergyFund with an initial injection of S$5 billion (US$3.7 billion) to drive the country’s significant transition towards cleaner fuels, according to Deputy Prime Minister Lawrence Wong.

TC Sunergy Sdn. Bhd. (TCS), a subsidiary of Tan Chong Motor Holdings Berhad (TCMH), proudly announces the commencement of operations for its inaugural Floating Large-Scale Solar Photovoltaic (LSSPV) plant in Serendah, Selangor, on January 5, 2024.

His Excellency Hun Manet, the Prime Minister of the Ministry of Tourism, Kingdom of Cambodia , engaged in a productive meeting during the World Economic Forum 2024 in Davos, Switzerland. The courtesy call was extended to Ms. Xia Li, the Founder and CEO of Shenzhen Power Solutions .

British International Investment (BII), the UK’s development finance institution and a dedicated impact investor, has announced a significant move to advance the low-carbon transition in South-East Asia. BII is committing $13.5 million to the South-East Asia Clean Energy Fund II (SEACEF II), managed by Singapore-based fund manager Clime Capital.