Sustainability

Uncovering consumer sentiments on electric vehicle ownership in Southeast Asia

Despite having one of the world's largest automotive markets, the global market share of electric vehicles (EV) on the road in Southeast Asia still remains small. With consumer adoption a critical contributor for the EV market to flourish, the team at Milieu Insight wanted to understand consumer sentiment around EVs, and what would be the tipping point for…

How would the UN leverage technologies for SDGs: Conversations among technology leaders in the UN System [BEYOND Virtual Panel recap]

This session brings together three current officials of the United Nations to discuss the ways that technologies can be harnessed to advance SDGs. Panelists representing the UN Secretariat, UNDP, and UNOPS share their insights on how technology and innovation can facilitate the accomplishment of the UN SDGs.

ORIGIN Innovation Awards 2021: Announcing the Startup Finalists – GreenTech & Sustainable Tech and Internet Solutions

We are thrilled to announce the finalists of the Startup Finalists - GreenTech & Sustainable Tech and Internet Solutions for the second edition of the ORIGIN Innovation Awards.

Funding Societies launches green loans product, releases regional impact study

Funding Societies launched its green loans product at a time when environmental, social, and governance (ESG) investing and sustainable investing are gaining traction in the investing fraternity.

Singapore solar energy firm SUN Energy raises $25M Series A funding, valuing the company at $200M

The funding round will enable SUN Energy to cement its leading market position in Indonesia and bolster growth in the region alongside blue-chip strategic partners that share a similar vision on energy transition.

Singapore’s PE fund ABC World Asia exits solar energy firm Sunseap Group with EDP Renewables deal

ABC World Asia (ABC World), the Singapore-based Asia-focused private equity impact fund, is set to make its first exit as part of a transaction between shareholders of portfolio company Sunseap Group and global renewables energy producer EDP Renewables (EDPR).

Portugal’s EDP Renewables acquires 87.4% stake in Singapore’s Sunseap for $697M

The transaction allows EDPR to establish its presence in APAC with 540MW of operational and under-construction solar projects and a sizeable portfolio at different stages of development, namely 5.5GW of renewable projects.

Taiwan’s ProLogium Technology secures $326 million to expand global electric vehicle battery production capacity

The funds will be deployed to expand production capacity in Asia, Europe, and the US between 2023 and 2025 to supply the local demands of the major OEMs with high-quality EV batteries. This will accelerate the provision of SSB solutions for ProLogium's EV strategic partners.

Malaysia proposes various tax exemptions for EVs in Budget 2022

To support the development of the local EV industry, the government proposes to provide import duty, excise duty and sales tax exemptions on EVs.