Luring REC was a major coup and key element of Singapore's drive to become a global hub for clean-tech investment, development and education and a center for the carbon market.The clean-tech sector is also part of the government's efforts to try to gradually shift one of Asia's most energy-intensive economies onto a greener footing as well as tap a boom in green energy and services in the region.
"We believe that Asia is going to be a huge market for clean-tech products and solutions and we want to make sure Singapore is plugged into this entire market place," said Goh Chee Kiong, director, clean-tech, at the government's Economic Development Board, or EDB. Full Story
