SMEs and start-ups working on clean energy projects can tap test beds, research and funding offered by the first centre of innovation for the energy sector. The EcoLabs Centre of Innovation for Energy will help participating companies accelerate their green innovations and commercialise them for the market. The country’s ninth centre of innovation will work with corporate partners and investors to provide member companies with up to 30 public and private-sector test-bedding sites, ranging from high-tech lab facilities to specialised test centres, to pilot projects in a controlled environment. EcoLabs is a collaboration between NTU, Enterprise Singapore and the Sustainable Energy Association of Singapore. Senior Minister of State for Trade and Industry and Education Chee Hong Tat, who unveiled the centre in NTU on Tues, noted that the rising prevalence of digital technology and data science has unlocked new solutions and business models in the energy sector. “EcoLabs addresses a longstanding gap in the energy sector, and is going to plug this gap by bringing together partners from academia, industry and the government.”... Continue Reading