Singapore

INDIVIDUALS and companies in Singapore will soon be able to buy and sell solar energy with one another to power their homes and businesses, if a joint pilot project involving power generation company Senoko Energy proves successful.

On Tuesday, Senoko Energy launched the six-month pilot to introduce peer-to-peer (P2P) trading of renewable energy in the city-state, in collaboration with Singapore energy innovation firm Electrify as well as Engie Factory, the venture arm of French multinational electric utility firm Engie.