In May’s edition of Aurex Insights: Renewable Energy APAC, we discuss 3 ways that we can make a positive impact on the planet everyday, as well as recent market moves and our current executive search and renewable energy recruitment opportunities.

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What people are talking about

South Pole, a Swiss carbon project developer that holds Temasek, Salesforce Ventures, and now Swisscom as investors, reached unicorn status with a valuation of $1 billion without going public.

Proposals for Singapore’s Energy Market Authority’s RFP1 to import 1.2GW of low-carbon electricity were due April 14th. The second RFP will be issued in Q2 2022 for the remaining quantities of electricity imports required through 2035.

Enel Green Power to build a 76MW wind farm, allowing BHP to produce nickel with 100% renewable power and comply with Tesla’s requirement for suppliers to be carbon neutral.

ACWA Power issues a limited NTP for the EPC contract of the Neom Green Hydrogen project in Saudi Arabia which will consist of 4GW of renewable energy and 2GW capacity electrolyzers to produce 1.25mt/y of green hydrogen-to-ammonia that will be exported by Air Products.

SUSI Partners invests in SG-based Entoria Energy through its Asia Energy Transition Fund to build rooftop solar PV in Malaysia, Philippines, Thailand, and Vietnam.

SG-based Athena Energy raises USD 14M from responsibility Investments for carbon emission reduction projects in Vietnam and C&I Solar development.

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What we are currently working on 

• Associate Director, Project Finance, Infrastructure Development, Singapore 

• Pre-sales Consultant, Energy Portfolio Management 

• Business Developer, C&I, South Korea 

• Smart Grid Sales Manager, Asia 

• Carbon Project Developer, Remote from Asia 

• Product Solutions Integration Manager, ANZ, Smart Energy Management 

• Grid Connection Head, South Korea 

• Head of Grid Connections, Taiwan 

• Senior Project Manager, Solar, Taiwan 

• Commercial Engineering Manager, South Korea 

• Commercial Engineering Manager, Solar, Taiwan 

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Lights Out for Earth Day 2022 

Friday, April 22nd was Earth Day. Did you turn your lights, air conditioner/heater, and other electronics off for one hour in observation? If you missed it or forgot, there are still many ways you can make up for it because as we all know, there are choices we can make every day to have a positive impact on our planet. Here are 3 ways you can make up for it:

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Plogging.

What in the world is plogging? Plogging is a combination of jogging with picking up litter (merging the Swedish verbs plocka upp (pick up) and jogga (jog) gives the new Swedish verb plogga, from which the word plogging derives). It started as an organized activity in Sweden around 2016 and spread to other countries in 2018, following increased concern about plastic pollution. As a workout, it provides variation in body movements by adding bending, squatting and stretching to the main action of running, hiking, or walking. An estimated 2,000,000 people plog daily in 100 countries and some plogging events have attracted over 3,000,000 participants.

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Carbon Offsets.

With travel opening again, emissions from both business travel and personal travel are set to increase. Did you know that tourism alone contributes up to 11% of total annual emissions globally with flights contributing the lion’s share? So, what is a carbon offset and how are they helpful for air travel? Generally, a carbon offset is a way of investing into a project or action that eliminates, captures, or reduces greenhouse gas emissions. For example, if you are flying with Singapore Airlines, you can enter your flight details directly on their website to calculate your emissions. A flight from San Francisco to Singapore in business class generates 3,043.65 Kg of CO2 emissions which costs SGD 39.57 to offset through the website. Your money will go toward independently accredited and verified projects in Asia such as rainforest preservation, solar power, and clean-burning cook stoves in Nepal.

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Calculate your Carbon Usage and Eat Foods with a Lower Carbon Foodprint.

Many websites exist that allow you to input common foods from our diets to calculate the carbon impact. Most of us know that beef is one of the largest offenders and has the most greenhouse gases emitted per serving, but did you know that chocolate from deforested rainforests is not far behind? Once you are aware of your impact, you can consciously make choices to reduce it. For example, if you are at a restaurant and can choose one protein to add to your rice bowl, maybe go for the egg at 4.8 Kg of Co2/1 Kg of egg versus the turkey at 10.9 Kg Co2/1 Kg of meat versus pork at 12.1 Kg Co2 versus beef at 27.0 Kg Co2. Maybe one day, instead of counting calories we will be counting carbon.

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Market Moves

We always look forward to keeping in touch and exchanging ideas, insights, and opinions. If you are a company considering utilizing renewable energy recruitment services, hiring solutions or in need of executive search, we welcome the opportunity to present our services and capabilities in renewable energy recruitment. If you are a candidate, please check our jobs page or reach out to us to discuss your background, skills, and future aspirations.

Amy Marietta Consultant, Power Generation, Asia Aurex Singapore Pte Ltd amy.marietta@aurexgroup.com +65 9424 0023 12 Marina View, #11-01 Asia Square Tower 2, Singapore 018961 EA 18S9493 | R1878463