European energy Singapore

What does the EU do in Southeast Asia?

… EU cooperation on energy issues with ASEAN and other Southeast Asia countries. The EU works closely with countries in Southeast Asia to develop renewable energy and energy efficiency common projects to support a clean and just energy transition in both regions.

Who owns sunseap & EDPR?

In 2022, EDPR acquired a 91 per cent stake in home-grown renewable energy firm Sunseap, in a deal that was valued at around $1.1 billion. Sunseap, founded by Mr Frank Phuan and Mr Lawrence Wu, is credited for being among the first to install solar energy systems in public residential estates, commercial and industrial buildings in Singapore.

What is the EU ASEAN Energy Dialogue?

It will allow for mutual understanding of policy developments and help each side advance its energy objectives, foster contacts and promote energy transition and integration. The first EU ASEAN Energy Dialogue took place in Jakarta, Indonesia on 21 June 2023, where the EU Ambassador to ASEAN represented the Commission.

Why did the EU and Singapore sign a digital trade agreement?

Today, the EU and Singapore concluded negotiations for a Digital Trade Agreement. This deal is the first EU agreement of its kind, reflecting the EU's aspiration to be a global standard-setter for digital trade rules and cross-border data flows.

What is the relationship between the EU and ASEAN?

The EU and the Association of Southeast Asian Nations (ASEAN) have been partners since 1977, with the shared values and principles of a rules-based international order, effective and sustainable multilateralism, as well as free and fair trade. Energy cooperation dates back almost equally as long with several projects and exchanges.

What is Singapore's Economic Development Board (EDB)?

Singapore's Economic Development Board (EDB), which aims to strengthen the country's position as a global centre for business, innovation and talent, played a pivotal role in bringing both parties together. Reach out to us for information on how we can facilitate your investment journey. Contact EDB.