What is Clean Energy and what are the sectors within Clean Energy?
Clean Energy refers to the industry involving the research & development of alternative energy sources that are less harmful to the environment compared to traditional sources such as fossil fuels. Some examples of Clean Energy include solar power, wind energy, fuel cells, hydropower, and biomass.
Why Clean Energy?
The convergence of high oil prices, climate change concerns and energy security interests have fostered a surge of interest in renewable and clean energy technologies. Singapore has identified several clean energy sectors for focused development, including solar, fuel cell, biofuels, and energy efficiency solutions. As such, opportunities are tremendous for Singaporean companies willing to venture into this fast emerging industry.
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