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SINGAPORE: The International Advisory Panel (IAP) on Clean Energy has identified three key areas of focus for Singapore to differentiate itself in the energy market.
They are to promote innovation in the application of clean energy, develop ways to integrate innovations into various systems, and leverage on the country's expertise in sustainable development for commercial purposes.
To promote innovation, the panel recommends that Singapore move fast to exploit opportunities from the potential of electric vehicles, eco-friendly buildings and the conversion of waste-to-energy.
On integration of innovations into systems, the expert panel noted that the government's S$31 million trial programme to incorporate energy-producing solar panels into housing estates is a right step in this direction.
The panel concluded that Singapore's efforts to develop a thriving industry for clean energy puts the country in a good position to attract investments.
Singapore has previously set aside S$350 million for clean energy research and development. - CNA/vm
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