Two local startups receive grants to develop sustainable energy solutions
These are for underwater infrastructure inspection and low-carbon hydrogen production.
The Energy Market Authority and Shell, under their $8m partnership, have awarded grants to two local startups to develop and test-bed their sustainable solutions to be used in underwater infrastructure inspection and low-carbon hydrogen production.
In a statement, the EMA said the two local firms awarded under the partnership, with support from Enterprise Singapore, were BeeX Pte Ltd. and SunGreenH2 Pte Ltd.
BeeX, a deep tech spin-off from the National University of Singapore, specialises in designing and building autonomous equipment for underwater infrastructure inspection. The company’s solution can be used to remotely monitor underwater energy infrastructure such as subsea cables or floating solar panels, reducing the need for manual inspections.
The company will be working with Shell for the trial of a hovering autonomous underwater vehicle at the Shell Energy and Chemicals park Singapore on Pulau Bukom, according to EMA.
Meanwhile, SunGreenH2 developed a proprietary electrolyser technology for low-carbon hydrogen production. The Anion Exchange Membrane technology can improve the efficiency and cost-effectiveness of hydrogen production.
EMA Chief Executive Ngiam Shih Chun said all stakeholders should play their part to Support Singapore’s net-zero goals.
“EMA is therefore pleased to support our local startups in developing their innovative solutions and bring them a step closer to commercialisation. This will also enhance the overall vibrancy of the energy ecosystem and foster greater collaboration among the different industry players,” he said.
The partnership of EMA and Shell, which started in 2019, aims to support local energy startups through the Shell StartUp Engine Singapore accelerator programme to help them improve their expertise in areas such as renewable energy, energy efficiency, and low-carbon solutions.
The partnership has supported 18 startups to date. The Shell StartUp Engine Singapore 2022 programme is now open for applications.