Sembcorp Industries, is a leading energy, marine and urban development group headquartered in Singapore, and global financial institution UBS announced that they have signed a long-term solar energy deal in Singapore. As part of this deal, Sembcorp will provide locally-sourced renewable power to support UBS Singapore’s operations over the next ten years.
American multinational personal care corporation, Kimberly-Clark, announced the switch-on of one of Singapore’s largest solar energy installations at its manufacturing facility in Tuas. The 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt hours of clean energy, enough to power up a thousand 3-bedroom HDB flats for a year.
The United Nations Conference on Trade and Development (UNCTAD) announced today that four investment promotion agencies (IPAs) have received top accolades for “excellence in web-based promotion of green foreign direct investment (FDI)” at the UNCTAD Investment Promotion Awards. The awards were presented on 20 April 2015 during the seventh session of UNCTAD’s Investment, Enterprise and Development Commission.