Singapore, 28 September, 2012 – Asia is rapidly becoming the global hotbed for renewable energy as clean energy investment shifts increasingly towards Asia. Today, more than half the world’s renewable energy projects are being developed in energy-hungry developing nations like China and India.
The inaugural Asia Future Energy Forum and Exhibition (AFEF), co-located with the 2nd Asia Smart Grid (ASG), promises to help enterprises capitalise on this shift. The Innovation Hub, organised in partnership with Bloomberg New Energy Finance, is a showcase of upcoming renewable energy projects, connecting developers of proposed clean energy projects with potential investors and partners.
“The first phase of the Cypark Integrated Renewable Energy Park, completed early this year, has been a tremendous success, producing 8MW of clean solar power for Malaysia’s national grid,” said Daud Ahmad, Group CEO of Cypark Resources Berhad. “Over the next 6 months, we are planning to expand the capacity of the park to 15MW through a mix of 13 MW of solar and 2 MW of biogas facilities. The Innovation Hub at AFEF will help us make connections to the needed financing for this project.
AFEF’s two-day forum will feature a lined up of speakers from international agencies, governments and enterprises, including a keynote by Mr. Nobuo Tanaka of the Institute of Energy Economic Japan.
The conference programme will address various aspects of renewable energy in Asia, including bioenergy, wind, the business and policy landscape, as well as a track on energy efficiency facilitated by the European Chamber of Commerce. There will also be two panels, moderated by the World Bank, on the diversifying energy mix of Asia’s cities.
“In developing economies across Asia, the continued demand for energy, combined with the absence of extensive legacy power infrastructure is a tremendous opportunity for alternative energy solutions,” said Dr. Nawal Al-Hosany, Director of Sustainability at Masdar. “Masdar sees Asia as a leading global partner in accelerating the growth of commercially viable renewable energy and clean technology. We are looking for opportunities across Asia as part of Masdar’s drive to identify the energy solutions for tomorrow and welcome the opportunity to participate in AFEF 2012.”
Ms Michelle Lim, Managing Director of Reed Exhibitions in Singapore, said, “Asia Future Energy Summit and Asia Smart Grid together respond to the growing need for a regional marketplace for end-to-end solutions in sustainable energy production and distribution. Taking the expertise from our highly successful World Future Energy Summit show in the Middle East, AFEF/ASG is positioned as the effective networking, knowledge-sharing and trading platform for sustainable energy in Asia.”
Held in conjunction with the Singapore International Energy Week, AFEF and ASG will see delegates and qualified trade visitors from the Southeast Asia region at its conference and exhibition floor at the Marina Bay Sands. The three-day exhibition and forum will be held at the Sands Expo & Convention Centre from 22nd to 24th October 2012. For more information, please visit www.afef.com.sg.