Introduction
The world’s most developed nations are progressively transitioning away from fossil-fuel-based energy generation and moving towards more sustainable and diversified sources of energy supply for their inhabitants and industries, according to the International Energy Agency. As a result of global and local impact, Southeast Asia’s energy business is taking on regional patterns that are mirrored in global trends. In addition, a rising number of people and organisations are doing research into renewable energy sources today. Renewable energy sources such as solar, wind, geothermal, and other forms of energy are good to human health, the economy, society, and the environment in general. Over the past decade, there has been a considerable growth in the number of start-ups in the energy sector in the South East Asia region. In this section, the most prominent energy start-ups are recognised and presented in alphabetical order.
1. Distributed Energy Pte Ltd
Renewable energy projects are linked to funders via Singapore Distributed Energy, a development and aggregation platform that was established in 2012. It was established in Singapore as a non-profit organisation. Once the energy-related fundable projects have been properly examined, they are listed on the marketplace, where investors may browse through them, analyse them, and express interest in one or more of the projects that interest them.
Website: www.de.energy
2. Uptime Analytics
In order to help businesses adopt different methods to optimise energy usage and reduce operating expenses, Uptime AI provides data-driven solutions for large-scale production facilities. These solutions help businesses adopt different methods to optimize energy usage and reduce operating expenses for their clients. Energy optimization and operating cost are the foundations of their applications, which are based on analytical methodologies. Their applications are useful for recording, analysing, modelling, simulating, and anticipating the operation of machines as well as their energy consumption.
Website: www.uptimeanalytics.com
3. uHoo Pte Ltd
Singapore-based uHoo is a comprehensive air monitoring and management system that contributes to the creation of healthier homes and workplaces while also optimising the energy consumption of a home and building system, resulting in energy savings and more sustainable operations and maintenance of buildings.
Website: www.uhooair.com
4. Sunseap
Sunseap Group is a solar energy system developer, owner and operator in Singapore, with over 2000 MegaWatt-peak (MWp) of solar energy projects contracted across Asia, on more than 3000 buildings in Singapore, including public housing estates, as well as commercial and industrial buildings. Sunseap Group operates in various countries in Southeast Asia, including Vietnam, Cambodia, China, Taiwan, Japan, Thailand and Malaysia. This group specialises in the retail sale of Commercial solar energy, Zero-Cost Solar Installation for businesses (Solar PPA), Energy Efficiency Solutions, Green Roofs solutions, and more.
Website: www.sunseap.com/sg/
5. Liter of Light
The Philippines-based initiative known as “The Liter of Light” seeks to rethink solar lighting for use in underprivileged areas. Local employment is created through their simple, two-step technology, which also educates people about the benefits of clean energy and empowers energy-poor communities through the use of basic solar lights that are manufactured and installed using local components, expertise, and talent, thereby benefiting the entire community.
Website: www.literoflight.org
6. ACEN
The Ayala Group’s publicly traded energy platform has begun construction on the country’s first hybrid solar and storage project. It will be possible for ACEN to analyse alternatives for storing energy more effectively across its portfolio when a 40 MW energy storage project in Alaminos, Laguna is completed. This will help the country provide a sustainable and reliable energy supply. Alaminos solar farm, which has a capacity of 220 megawatts, is designed to aid ACEN in managing its internal electrical demands, storing electricity when the solar plant generates but the need for electricity is low, and delivering rapid power charging when the need is high. It will also assist in the maintenance of the national grid.
Website: www.acen.com.ph
7. Transkinetic
The Movnetic patent is owned and managed by Transkinetic, a Singapore-based company that was established in 2013. The Movnetic system is responsible for the distribution and management of renewable energy produced by moving autos. Transkinetic is supported by a variety of government agencies as well as a regional venture capital business.
Website: www.transkinetic.net
8. EcoWorth Tech
EcoWorth Tech, based in Singapore, developed the Carbon Fibre Aerogel, which is a material that cleans liquid industrial waste and permits it to be discharged into sewer systems. Food waste recycling, industrial water treatment, and oil decontamination are all possible applications for Carbon Fiber Aerogels, which are created from natural materials such as waste paper and are recyclable. EcoWorth was founded in 2016 as a spin-off from Nanyang Technological University in Singapore.
Website: www.ecoworth-tech.com
9. Eco2 Green Data Center
Eco2 Green Data Center is a Malaysian company that specialises in the construction of green data centres. Energy savings of 50%, carbon emissions of 50%, and server dependability and durability of 30% are all possible when IT equipment is submerged in a cooling solution. Eco2 Green Data Center, recipient of the Chairman’s Award at the 2016 Global ICT Excellence Awards, is expanding its product line to include Eco2 certified hardware.
Website: www.e27.co/startups/eco2-green-data-center
10. HiGi Energy
HiGi Energy is a Philippine company that converts water hyacinth into briquettes for use in the culinary industry. Through the use of invasive water hyacinth, the company intends to reduce tree removal and improve the quality of rivers and lakes.
Website: www.higi.biz
Conclusion
During the previous decade, there has been substantial development in the energy sector. They unquestionably represent the cutting edge technology with far-reaching global energy transition in the present time. In recent years, the industry has seen remarkable technological advancements as well as substantial cost reductions, thanks to a combination of innovation, increased competition, and government help in an increasing number of countries. The overall scenario in the SEA region is also the same as it is everywhere. As prices have decreased, investment in varied sub-areas of the energy industry has increased, with heightened investor interest being fueled in part by government promises and rapidly evolving technology. This is one of the best times for firms working in renewable energy. Startups can explore opportunities and position themselves well to ride the ongoing wave and get benefitted accordingly.
