Xinhua, 3 Nov 2008
SINGAPORE, Nov. 3 (Xinhua) -- Singapore set up a new energy research and development (R&D) fund on Monday to realize new energy technologies.
This 25 million Singapore dollars (17 million U.S. dollars) fund, to be spent over the next five years, will provide financial support and help spur the creation of a more conducive environment to implement new energy solutions.
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