Singapore picks green tech winners

Solutions that help organisations transition to renewable energy, create and sell carbon credits, and track sustainability are among the winners of the Singapore GreenTech Challenge 2023.

The challenge – a collaboration between Singapore’s Infocomm Media Development Authority (IMDA), tech community SGTech and Microsoft – was designed to accelerate the development and adoption of sustainability solutions in the city-state.

Each winner will receive up to US$350,000 and will be onboarded to the Microsoft Independent Software Vendor (ISV) Success Programme, where they will be recognised as Microsoft ISV partners.

“We are encouraged to see so many innovative tech solutions that will help power Singapore’s efforts as a leading digital sustainability hub in the region,” said Mr Justin Ang, Assistant Chief Executive of Singapore’s Infocomm Media Development Authority.

“IMDA will continue to work with our local businesses and industry leaders such as Microsoft, to accelerate this green future.”

The winners

The winners and categories included:

• Evercomm – setting and tracking sustainability targets. The company assists businesses in managing energy as a strategic resource, tightly integrated with production processes. Its digital assurance platform, NXMap, serves as a carbon inventory and accounting tool, aligned with the ISO 14064-1 Standard and the GHG protocol to accurately calculate carbon emissions.
• WeavAir – identifying and transitioning to renewable energy sources. Offering real-time, high-accuracy emissions and offset analysis enabled by satellite and IoT networks, the firm says its competitive advantage is in its real-time data source and collection. Its intellectual property includes satellite imaging with proprietary access to satellite imagery from NASA.
• ReClimate – create, buy and sell tradeable carbon assets. The platform helps projects earn additional revenue from carbon credits and energy attribute certificates with “minimal effort and upfront costs”. With a focus on decarbonisation in the electric vehicle and renewable energy industry, the company offers digital measurement, reporting and verification, automating the matching of projects with financial institutions and investors to determine their eligibility for green financing options and other incentives.

“The Singapore GreenTech Challenge 2023 has unveiled an array of exceptional solutions to advance sustainability efforts,” said Yean Cheong, Executive Director, SGTech.

“Evercomm, WeavAir and ReClimate have distinguished themselves with their innovative approaches, demonstrating the transformative power of technology in driving sustainability.”

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