Green Power Asia Pte Ltd (GPA) is proud to announce the Clean Mechanism
Development (CDM) stakeholders meeting on Fuji Oil (S) Pte Ltd Cogeneration
Project, organized at Marina Mandarin on 21st March 2011, was successful and
received good feedback from stakeholders.
In the welcome speech by GPA’s director, Mr Pete Tin, had
explained how this project will bring win-win situation to Fuji Oil and GPA,
where Fuji Oil will not only able to secure lower cost on steam and electricity
bill but also to fulfil their expansion plan, while GPA get the 15 years of
Utilities Supply Agreement and the flexibility to export excess electricity and
steam to grid and neighbouring off-takers.
Besides business aspect, Mr Pete Tin did mention many companies
are reluctant to actively take part in promoting greener energy and
environmental friendly mechanism, with the believe of these actions will
sacrifice economy growth., where huge capital and long payback period remain
the biggest hindrance. “GPA believes and works toward to balance economic
development and climate change mitigation, by being more energy efficient.
Business can benefit from significant cost savings and increased productivity
when they incorporate energy efficiency improvements in their facility”, said
Mr Pete Tin.
"Green Power Asia is incorporated as
an investment entity which providing different financing alternatives and
platforms together with customized tailor-made solutions for each individual
client specifically in Singapore as well as in the South East Asian
region. Capitalizing on the strengths of
Euroasiatic Machinery (S) Pte Ltd and on the recent Electricity License
approval of being a Wholesaler Licensee and participant for Power Generation in
the Singapore market, Green Power Asia aims to capitalize on the development of
small to medium sized heat and power systems with a focus on energy efficiency
and associated CDM benefits”, said Mr Henry Maehl, director of Euroasiatic,
parent company of GPA
Besides that, the speaker from Asia Carbon, Mr Yeo Kim Dek, GPA’s
CDM consultant for this project, did express he is confident GPA’s cogeneration
project is able to contribute in carbon emission reduction and also promote on
To download the Executive Summary for this Clean Developement Mechanism, please click here.
Mr Pete Tin, Director of Green Power Asia
The speakers, from left to right: Mr Yeo Kim Dek (Asia Carbon), Mr Pete Tin (Green Power Asia)
Mr Henry Maehl (director of PT Euroasiatic Jaya)