ENGIE reaffirms its commitment to invest and build a new generation of sustainable and clean energy solutions in Asia Pacific

On the occasion of French President Hollande’s visit to Southeast Asia covering Singapore, Malaysia and Indonesia, from 26 to 29 March, and in the presence of Gérard Mestrallet, ENGIE Chairman, Didier Holleaux, ENGIE Executive Vice President has signed eight agreements to develop sustainable and clean energy solutions, in line with the Group’s strategy.

These agreements reinforce ENGIE’s commitment to Asia Pacific as well as its strategy to be the leader of the energy transition in the world, in close cooperation with stakeholders including governments, industry partners, customers and local communities.

In Singapore, ENGIE signed three agreements:

• one with Bolloré and Senoko Energy to co-develop smart city solutions in electric mobility and energy storage, and to explore opportunities in connection to airport services;
• one with Nanyang Technological University (NTU), Singapore and Schneider Electric, to develop micro grid solutions, particularly through the Renewable Energy Integration Demonstrator in Singapore – “REIDS” – project;
• one for the creation of an International Research Network, signed by Gérard Mestrallet, ENGIE Chairman, on behalf of ENGIE, with NTU, The Centre National de la Recherche Scientifique (CNRS), the Commissariat à l’énergie atomique et aux énergies alternatives (CEA) and other French academic parties. This agreement will enable joint efforts on renewable energy, with a focus on specific themes such as smart grids and power systems, energy storage, wind and marine energies, photovoltaics and green and smart buildings.

These agreements reaffirm ENGIE’s recognition of Singapore as an innovation and R&D hub that supports the rising energy demands in Asia-Pacific in a sustainable manner. In 2016, the Group inaugurated its first Asian ENGIE Lab in Singapore.