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Gan Kim Yong

  1. Singapore launches S$143 million industrial decarbonisation initiative; manufacturing-related emissions about 65% of national total

    Deputy Prime Minister Gan Kim Yong announced on Oct 23 a S$143 million (about $112 million) initiative to develop industrial decarbonisation technologies, part of a S$800 million decarbonisation grand challenge; industry including its electricity use accounts for about 65% of Singapore's emissions. Up to S$100 million goes to company-led research under the DRIVE programme, open for applications now, and S$65 million to five low-carbon energy research projects, while a S$62 million testbed on Jurong Island has IHI, Amogy and Metha8 as first users. Keppel Energy, Sembcorp Utilities and Tuas Power Generation were approved to import biomethane.

    Oct 23, 2026 Afternoon