The Philippines has conducted the opening of Applications for the 3rd Open and Competitive Selection Process (OCSP3) which now allows for 100 percent foreign participation in large-scale geothermal exploration, development, and utilization projects.
Singapore’s strategies for achieving a low carbon energy future include an SGD49 million (US$36.6 million) LowCarbon Energy Research Funding Initiative to support projects in low carbon energy technologies over the next five years; increasing hydrogen developments; expanding the solar deployment to 1.5 GWp by 2025; and piloting the nation’s first floating energy storage system.
Indonesia’s state-owned power company, State Electricity Corporation (PLN), plans to expand electricity access and promote renewable energy in eastern Indonesia with the US$600 million loan it has received from The Asian Development Bank (ADB).
WHAT ARE KEY ENERGY TRANSITION PRIORITIES IN SOUTHEAST ASIA?
Grid modernization and renewable energy integration will remain investment priorities as Southeast Asia expands its energy system to support rising demand created by growing populations and expanding economies.
One key priority in Southeast Asia is enhancing energy security and grid resilience with supply that is reliable and sustainable. This priority is creating opportunities in renewable energy integration, energy markets modernization, smarter grid management planning and automation.
Another key priority in the region is rural electrification. Addressing rural electrification is creating opportunities for distributed power generation. Distributed energy resources (DER) like microgrids can provide the power reliability that remote locations need while ensuring the facilities are commercially viable.
Esta historia es de la edición Issue 15, 2021 de SME Magazine Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición Issue 15, 2021 de SME Magazine Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Cloud- Driven Recovery
With digital transformation being an important catalyst for Malaysia’s inclusive economic recovery, cloud computing plays an important role that enables . the country to acquire the advantages that technology offers.
Live Werkz: Venturing Beyond Southeast Asia
Being forward-looking in its approach has enabled LiveWerkz Pte Ltd to survive the Covid-19 pandemic, says vice president Tricia Ng. Despite being a Singaporean company, the company does not focus its efforts in the Southeast Asia region. Instead, Greater China and the Middle East become the foundation for its businesses. Ng tells SME the company’s strategies in facing a challenging future.
Singapore's Go Digital Well Received
More than 78,000 of Singapore’s SMEs have participated in the country’s Go Digital programme since its 2017 launch, with more about 40,000 becoming participants last year, including 30,000 that received Covid-19 incentives from the government.
Accountants And SMEs: Creating A Sustainable World
For SME finance professionals, ‘sustainability’ is about achieving longevity. However, there is a confusion over different definitions of sustainability. They recognise the growing importance of tackling sustainability issues but lack the understanding of how doing this can be integrated into day-to-day practices within the finance function.
Rebuilding Our Mental Well-Being In Sales
Sue Barrett is a writer, training provider and entrepreneur who founded Barrett in 1995 to positively transform the culture, capability and continuous learning of leaders, teams and businesses.
Omicron: A Test Of Resilence
Global manufacturers have been facing a supply chain crisis since the start of the year. Just as it appeared that the situation was beginning to stabilise, the Omicron Covid variant reared its ugly head.
Silver Lining In The Cloud
Although RAS Security Pte Ltd’s business was adversely affected by the pandemic, there’s a silver lining in the cloud. The occurrence has necessitated the company to innovate its business model to remain viable and led to the discovery of new areas of security service provision. Managing director Tejdeep Singh shares his journey.
Accelerating Artificial Intelligence
Singapore is introducing two new public artificial intelligence (AI) programmes as part of the strategy to use technology for social and economic good, involving a total allocation of S$680 million to accelerate AI research. The latest initiatives require a funding of S$180 million.
Three Tips For Hiring Top Talents
BIG EGOS LOSE TALENTS First up, when it comes to hiring, you must put aside your ego.
The Economy Is Recovering, But What About People?
All signs are pointing towards a speedy recovery. Contrary to what this writer initially predicted, the economy seems to be genuinely recovering.
