Singapore's moves further towards green energy
Singapore’s ambition to become a cleantech hub receives a big boost.
An integrated biomass-solar power generation plant and its regional headquarters will be built in Singapore by China Guangdong Nuclear Power Holding Corporation.
Singapore sees this development as an affirmation of its strategic position as the gateway to the clean energy market in Asia Pacific, and a vital step in making the city greener and cleaner. The groundbreaking for the plant was held this week.
Phase 1 of the $33.6 million plant will be fuelled by wood and agricultural waste. Power will also be provided by a solar array on the plant’s rooftop.
The plant is expected to generate 10 megawatt of electricity. It is the first overseas project developed and implemented by CGNPC and should be completed by November 2013.
“With our multinational business community, highly-skilled workforce, strong focus on innovation and intellectual property protection, Singapore is well-placed to serve as a strategic base for Chinese cleantech companies to orchestrate their regional and global business activities," said Tan Choon Shian, acting managing director of Singapore Economic Development Board.
"We are confident that this would pave the way for many more Asian cleantech enterprises to grow their international footprint in Singapore."
CGNPC sees Singapore as an ideal gateway for companies keen to develop clean energy solutions tailored for Asia because of its robust supply chain capabilities and connections to the region.