EDB partners with NEC to develop local smart energy solutions
It affirms Singapore’s position as Asia’s Cleantech hub.
The Economic Development Board (EDB) today revealed that it is partnering with NEC Asia Pacific to develop smart energy products and solutions in the country.
The partnership will focus on product research and solution development in the areas of energy management & control, smart grid, energy storage and renewable energy integration.
NEC will spearhead research initiatives to create innovative energy solutions through enabling integration of multiple renewable energy sources such as wind and solar photovoltaic with its existing energy management control and storage capabilities.
The initiative will develop energy management control solutions for both demand and supply side and aims to bring greater stability and reliability as well as reduce operational costs for the enterprises.
According to Goh Chee Kiong, Executive Director of Clean Technologies, EDB, “This investment affirms Singapore’s position as the leading Cleantech hub in Asia and is aligned with Singapore’s interest to develop energy management capabilities. This is also a testament to our strength as a Living Lab where companies can develop, trial and commercialise innovative solutions in a real-life setting, before scaling up for global markets.”