NEC in smart energy partnership with Singapore’s Economic Development Board
By Digital News Asia September 22, 2014
- Product research and solution development in energy management and control
- Singapore aims to be a global leader in sustainable energy management
NEC Asia Pacific has announced a partnership with Singapore’s Economic Development Board (EDB) to develop smart energy products and solutions in the city-state.
The partnership will focus on product research and solution development in the areas of energy management and control, smart grid, energy storage and renewable energy integration, NEC said in a statement.
Through this partnership, NEC aims to support Singapore’s vision to be a global leader in sustainable energy management.
The Tokyo-based company will spearhead research initiatives to create solutions via the integration of multiple renewable energy sources such as wind and solar photovoltaic with its existing energy management control and storage capabilities.
“There are many possibilities with smart energy solutions that can effectively overcome the complexities of integrating with renewable energy,” said NEC Asia Pacific chief executive officer Toshiya Matsuki.
“We are excited about working together with EDB to contribute towards the growth of Singapore as a research and solution development hub for smart energy,” he added.
NEC said it aims to improve energy quality and consistency from renewable power facilities, and also lower emissions, maintenance and capital costs of traditional power plants. The initiative also aims to reduce the energy loss of utility companies, as well as enhance their effective capacity.
“We are pleased with NEC's decision to use Singapore as the regional innovation hub to develop smart energy solutions,” said Goh Chee Kiong, executive director of Clean Technologies at 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,” he added.
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