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Singapore launched a US$59 million Power Decarbonisation Funding Initiative on Monday to fund low-carbon grid technologies. The Energy Market Authority and Advanced Energy and Decarbonisation Office target hydrogen, solar, and biomass. Specific goals include reducing hydrogen costs below one dollar per kilogram, cutting structural solar costs by 15 per cent, and achieving solar efficiency above 30 per cent.
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Summary by ByteBrief
Malaysia Announces US$110M Startup Fund

Singapore-based data center developer DayOne raises ~$3.67B, including a ~$2.4B offshore term loan facility, from seven banks to fund its Malaysia expansion (Jasmeen Ara Shaikh/Reuters)

Asia Startup Funding Hits Near Record High