Singapore government invests $8.9m to support blockchain research
Enterprise Singapore, the Infocomm Media Development Authority, and the National Research Foundation Singapore, has launched a S$12 million (US$8.9 million) program to further strengthen the city-state’s blockchain ecosystem.
PEA adopts e-LG to cut expenses
The Provincial Electricity Authority (PEA), a state power distribution arm, has adopted an electronic letter of guarantee (e-LG) integrated with blockchain technology to reduce operation costs and enhance business efficiency.
Solarvest, Envision Digital inks partnership to market advanced analytics applications
KUALA LUMPUR: Solarvest Holdings Bhd (SHB) and Envision Digital International Pte Ltd (EDI) inked a partnership to enhance the area of renewable energy production. Under the collaboration, SHB will be the exclusive distributor and delivery partner of EDI’s cloud-based advanced analytics applications for Malaysia’s solar industry, with the first step of deploying its advanced analytics and […]
Shell pilots virtual-plant technology at Singapore refinery
ROYAL Dutch Shell has selected its Pulau Bukom site in Singapore as the first site globally to pilot its virtual-manufacturing technology. Named Digital Twin, the new technology is set to be completed in 2024 and will be a “complete virtual representation” of the physical elements on site, the oil major said in a press statement on […]
Power Ledger launches renewable energy credit marketplace in SE Asia
Blockchain-enabled approaches to advancing the transition to renewable energy sources are making inroads in new regions. On Aug. 25, Australian blockchain firm Power Ledger announced its forthcoming launch of a marketplace for trading renewable energy certificates (RECs) across Thailand and the Southeast Asian region.
Dark data is an invisible carbon footprin
The COVID-19 pandemic has brought about some unexpected positive environmental consequences. With economies now at a virtual standstill, carbon output could fall by more than 5 percent year-on-year – something not seen since the end of World War II.
Meralco commits to expand meter reading amid consumer complaints
Metro Manila (CNN Philippines, May 22) — Major power distributor Meralco on Friday committed to expand meter reading among all its customers to reflect adjustments in the June billing statement. In an online Joint Congressional Energy Commission hearing, Victor Genuino, Meralco first vice president and head of customer retail services and corporate communications, said less than one […]
Blockchain eyed for palm oil
The Energy Ministry has ordered the Energy Business Department to discuss with Thai oil traders the prospect of using blockchain to facilitate palm oil trade. A blockchain system would cut out the middleman between palm planters and palm oil mills, in theory allowing planters to sell the commodity at higher prices.
