With a Singapore central bank-backed utility offering free Scope 1 and 2 disclosure tools, startups in the increasingly crowded space need to “re-rationalise” their business models amid a funding winter, with more consolidation expected.
Just months after talking about going public following a successful US$200 million funding round, Southeast Asia’s first agritech unicorn eFishery has appointed a new interim CEO and CFO, in its second leadership shake-up this year.
Some startups have had to trade clean energy on a smaller scale “behind-the-meter” without the support of government policies. A key barrier is Thailand's centralised energy system which is in need of a reform, say experts.