NEC Asia Pacific partners with the Economic Development Board (EDB) to develop Smart Energy Solutions in Singapore

Singapore, 18 September 2014 – NEC Asia Pacific announced today their partnership with Singapore’s Economic Development Board (EDB)  in developing smart energy products and solutions in Singapore. This partnership will  focus on product research and solution development in the areas of energy management & control, smart grid, energy storage and renewable energy integration.

Through this partnership, NEC aims to support Singapore’s vision to be a  global leader in sustainable energy management. NEC will spearhead research initiatives to create innovative energy solutions through enabling integration of multiple  renewable energy  sources such as wind and solar photovoltaic with its existing energy management control and storage capabilities.

Through its grid size energy storage technology, NEC aims to improve energy quality and consistency from renewable power facilities and lower emissions, maintenance and capital costs of traditional power plants. The initiative also aims to reduce energy loss of utility companies, as well as enhance their effective capacity.

The initiative will develop energy management control solutions for both demand and supply side and aims to bring greater stability and reliability as well as reduce operational costs for the enterprises. Completed field trials have shown up to 20% reduction in air conditioner energy consumption*.

“We are pleased with NEC's decision to use Singapore as the regional innovation hub to develop smart energy solutions. This investment affirms Singapore’s position as the leading Cleantech hub in Asia and is aligned with Singapore’s interest to develop energy management capabilities. This is also a testament to our strength as a Living Lab where companies can develop, trial and commercialise innovative solutions in a real-life setting, before scaling up for global markets,” said Mr Goh Chee Kiong, Executive Director of Clean Technologies, Singapore Economic Development Board.

“There are many possibilities with smart energy solutions that can effectively overcome the complexities of integrating with renewable energy. We are excited about working together with EDB to contribute towards the growth of Singapore as a research and solution development hub for smart energy. With the recent acquisition of A123 Energy Solutions business unit and establishment of NEC Energy solutions,  NEC will leverage on its Lithium-ion based energy storage expertise to develop new energy efficiency solutions, which will benefit governments and businesses looking to reduce energy consumption,” said Mr Toshiya Matsuki, Chief Executive Officer, NEC Asia Pacific.


* Savings are based on field trials conducted across multiple countries in the Asia Pacific region. Actual savings are subject to change based on a variety of conditions.

About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.  For more information, visit NEC at http://www.nec.com.

About NEC Asia Pacific Pte Ltd
Singapore-based NEC Asia Pacific is the regional headquarters for NEC Corporation (HQ: Japan) in the Asia Pacific region (South and Southeast Asia, and Oceania). As a leading infocomm technology provider and systems integrator offering regional sales and services support and consultancy, NEC APAC develops solutions on carrier network, global identity, RFID, enterprise server, unified communications, multimedia display, and contact centre, as well as provide outsourcing and managed services. To leverage on its technological expertise, NEC APAC has established regional competency centres for public safety and display solutions to expand its capabilities and expertise to support businesses in the Asia Pacific region.

In line with the NEC Group Vision to realize an information society friendly to humans and the earth, NEC embarks on corporate social responsibilities initiatives to support the Nature (environment), Education and Community.

NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2014 NEC Corporation.

PRESS CONTACTS

NEC Asia Pacific
Masako Hirano
+65-6379-2570
+65-9018-6652
M-hirano@nec.com.sg

NEC Asia Pacific
Cherie Ho
+65-6379-2571
+65-9615-7590
Cherie_ho@nec.com.sg