Description
Singapore plans to spend up to €445 million on clean technology R&D by 2030, and the green energy industry contributes to €2.25 billion to Singapore’s economy.
Indonesia on the other hand, has started adding more renewables to its energy plan and has set out to achieve 23% renewable energy use by 2025 and 31% by 2050. This initiative requires over €12.9 billion of investments per year in renewable power capacity.
Both countries are focusing on solar energy given their strategic locations, and are interested in innovative electric vehicle (EV) solutions, with growing interest generated by government initiatives. In Singapore, EVs could make up 30% to 50% of Singapore’s motor population by 2050.
Companies with PV expertise will find many opportunities to partner with Singapore companies to respond to SolarNova, a programme led by the Singapore Economic Development Board.
There is a rising interest among real estate developers to develop eco-friendly homes and offices.
Ambitious European companies can take on these business opportunities and apply for the upcoming EU Gateway | Business Avenues mission in green energy technologies, from 29 October to 1 November 2018.
Selected companies will get the chance to be part of the Asia Clean Energy Summit 2018 (ACES), part of Singapore International Energy Week.
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Application deadline: |
15 June 2018 |
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Find out more & submit your application: |
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Questions: |