Utilities
SP Group to build 500 electric vehicle charging points by 2020
SP Group to build 500 electric vehicle charging points by 2020
The first batch of 30 charging points will be in operation by end of 2018.
Senoko Energy's first solar energy project brought to light
It installed rooftop solar panels on the 3 buildings of Continental Automotive Singapore.
Hyflux postpones payment of $500m 6%-interest bonds
It was backed by its advisors and the bonds’ trustee.
Sembcorp braces for 8% profit jump after UK Power Reserve buy
The energy generator plans to grow its battery capacity over 32 locations in the UK.
34-minute blackout hits Singapore CBD
Around 3,156 customers were affected.
ST Marine ties up with Tuas Power to maintain desalination plant
The two had previously won the tender to build the plant on Jurong Island.
High Court to hear Hyflux's reorganisation on 19 June
Five of its subsidiaries have applied to realign their businesses.
Sembcorp Industries sold 60% of recycling business for $6m
The sale is part of the company's recycling of capital, Sembcorp's CEO said.
Sembcorp sold medical waste treatment operations for $20m
The new owner is a joint venture between TEE Infrastructure and Asia Enviro Services.
Sembcorp Utilities to develop 750-megawatt gas-fired power project in Vietnam
It signed an MOU with the government of Quang Ngai Province.
Citic Envirotech Q1 profits soared 140.5% to $39.33m
It said it will benefit from China’s strict policies on pollution.
SP Group launched blockchain platform for renewable energy certificates
It will encourage trans-national REC transactions for buyers and energy generators in different countries.
Chart of the Day: Electricity tariff for April to June 2018 raised 2.8%
This is mainly due to the higher energy cost of producing electricity.
Chart of the Day: See how Senoko Energy lost electricity generator dominance
Its 31.7% market share in 2005 fell to 19.2% in 2016.
What now for Sembcorp Industries after the energy market opens?
Analysts doubt it will dent earnings, as Sembcorp Power only contributed $3.4m-$4.4m to net profit.
Chart of the Day: See how Singapore Power's market share dropped in 11 years
It now only holds 30% of the market.
French firm ENGIE invests $80m in Singapore's district cooling projects
It will also add 170 employees to its local headcount of 1,600.
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