Tinergy Group and Fairbanks Forge Strategic Partnership for Sustainable Energy Solutions
Press Release
Singapore, 9 April 2024 — Tinergy Group Pte. Ltd. today announced the establishment of a ground-breaking Power Purchase Agreement (PPA) with Fairbanks Pte. Ltd. to mark a significant leap towards a greener future, combining expertise and vision to revolutionize the energy landscape.
Since its inception in 2016, Fairbanks has been a trailblazer in providing eco-friendly logistics solutions, championing sustainable practices that pave the way for a cleaner tomorrow. The agreement underscores the collective efforts and foresight of both organizations, highlighting a joint dedication to environmental stewardship, innovation, and sustainability in the energy sector by embracing renewable energy solutions.
Milo Zhang, Chairman at Tinergy Group stated: "This strategic partnership with Fairbanks signifies more than just a business alliance; it represents a shared commitment to sustainable energy solutions." Together, Tinergy and Fairbanks are poised to redefine the energy sector, offering cleaner, more sustainable power solutions that will positively impact communities, the environment, and future generations."
Raymond Koh, Director at Fairbanks commented: "We are thrilled to embark on this journey with Tinergy Group towards a brighter, more sustainable future. This collaboration exemplifies our shared values and determination to make a meaningful difference in mitigating climate change and promoting environmental responsibility."
ENDS
About Tinergy Group
Tinergy Group of Companies is a renewable energy pioneer in APAC, with businesses spanning across Capital, EPC and Asset Management in the RE space. It has since invested, built and managed over 100MW of renewable energy assets under its portfolio. The company aims to expand the discourse around sustainability and the alignment of cross-industry business models with sustainability standards as crucial steps to protect Planet Earth.
About Fairbanks
Fairbanks Pte. Ltd. is a leading force in logistics and supply chain management known for its commitment to innovation and sustainability in Singapore.
As a trailblazer in the field, Fairbanks Pte. Ltd. sets a shining example of how innovation and sustainability can harmoniously coexist, driving positive change and paving the way towards a greener, more efficient future for the logistics industry in Singapore and beyond.
For media queries, please contact:
Yingying Li / Victor Wong, Tinergy Group
info@tinergygroup.com
NEWSROOM
4 April 2024
Reflecting on COP28: A Leap Towards a Greener Future
The 28th United Nations Climate Change Conference (COP28) held in Dubai was not just a gathering of nations; it was a clarion call for action in the face of the existential threat posed by climate change. At the heart of this global summit was a resolute focus on accelerating the transition to renewable energy—a shift that demands robust commitment and proactive measures from renewable energy companies worldwide.
Among the distinguished attendees was Chairman Milo Zhang from Tinergy Group who advocated for the pivotal role of renewable energy companies in driving transformative change. His presence underscored the imperative for these companies to step up and lead the charge towards a sustainable future. Throughout COP28, discussions reverberated with urgency, emphasizing the need for renewable energy companies to not merely be passive actors in the transition to renewable energy but proactive drivers of innovation, collaboration, and sustainable practices.
Chairman Zhang's engagements at various forums and panel discussions elucidated the multifaceted role that renewable energy companies must embrace. Beyond simply supplying renewable energy technologies, these companies must spearhead research and development efforts to enhance efficiency, affordability, and scalability of renewable energy solutions. Moreover, companies in the industry must actively engage in advocacy and policy dialogues to shape conducive regulatory frameworks and incentivize investments in clean energy. By fostering partnerships with governments, industries, and communities, these companies can facilitate the seamless integration of renewable energy into existing infrastructure and energy systems.
The participation of the China New Energy Chamber of Commerce, represented by Chairman Zhang, exemplified the collaborative spirit needed to address the complex challenges of climate change. It demonstrated the commitment of China, and South-East Asia at large, in leveraging its expertise and resources in advancing renewable energy solutions on a global scale. His insights underscored the need for renewable energy companies to prioritize sustainability across their entire value chain—from production and distribution to end-use. This entails adopting eco-friendly practices, minimizing carbon footprint, and promoting circular economy principles.
As COP28 concluded, the resounding message to renewable energy companies was clear: the time for passive observation is over. To truly advance the agenda of sustainability and combat climate change, these companies must embrace their role as catalysts for change, driving innovation, collaboration, and collective action. In essence, COP28 served as a catalyst for renewable energy companies to redouble their efforts and commit wholeheartedly to the cause of a greener, more sustainable future. The path ahead is fraught with challenges, but by harnessing the ingenuity, resources, and collective resolve of renewable energy companies, we can navigate towards a world powered by clean, renewable energy.
12 January 2024
Tinergy Renewable Energy to join ranks of incumbent names as one of the industry members of Singapore Battery Consortium.
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Official visit by Singapore Battery Consortium to Tinergy Group's head office in Singapore.
Tinergy Renewable Energy Pte. Ltd., a legal entity within the Tinergy Group of Companies, has successfully become an industry member of the Singapore Battery Consortium. Alongside established names including Siemens, Huawei, and SP Group, Tinergy aims to contribute to the advancement of battery technologies in Singapore.
As part of this consortium, Tinergy, and its affiliated companies will establish strategic partnerships with public research institutions and industry peers. The primary objective is to accelerate research and development activities as well as partnerships focused on state-of-the-art battery technologies within Singapore.
This collaboration reflects a collective commitment to fostering innovation and supporting Singapore's aspirations to lead in sustainable energy solutions. Tinergy looks forward to actively participating in and contributing to the ongoing progress of the renewable energy sector in Singapore.
In Partnership with
9 November 2023
Plans for Electric Vehicle Battery Charging Facilities in Southeast Asia with Groundbreaking Battery Checking Service
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These facilities aim to boost the adoption of EVs in the region and help meet ASEAN's target to achieving net-zero by 2050.
Singapore (ACN Newswire) — Tinergy Renewable Energy, a pioneer in renewable energy solutions, have signed a Memorandum of Understanding (MoU) with Santa New Energy, to build electric vehicle battery checking centres in Singapore, Indonesia and Malaysia. Santa New Energy is an important strategic investment of Contemporary Amperex Technology Ltd (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries.
Currently, batteries in EVs do not get checked nor tested when they are being charged at charging stations and drivers will only be informed of the battery's deteriorating health when they receive a warning light. The planned battery charging and checking centre will be equipped with battery online detection technology pioneered by Santa New Energy to provide complete and comprehensive battery checking in a single charge process without the need to dismantle the vehicle or change the vehicle strategy.
To bring about this solution in Asia, Tinergy Renewable Energy has recently partnered with B2G Energies, a leading renewable energy company, in a separate MoU signing ceremony to bring about solutions for low-carbon cities. This is done by conducting feasibility studies, identifying suitable technologies, and setting clear objectives for reducing carbon emissions.
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