SINGAPORE, Jan 31, 2023 - (ACN Newswire via SEAPRWire.com) - JE Cleantech Holdings Limited (Nasdaq: JCSE), (the "Company"), a Singapore-based cleantech company, today announced that the Company has completed the commissioning of solar photovoltaic systems installation at its facilities. The installation of the solar systems is one step further in the Company's efforts toward reducing the impact of its carbon footprint as aligned with its pledge to become carbon neutral by 2030.The solar photovoltaic systems were installed in October last year and successfully connected today. The solar photovoltaic systems are expected to generate a total of approximately 205,000 kWhs per year, which will respectively cover 29 percent of the energy consumption for the facility manufacturing precision cleaning system and 10 percent of the total energy necessary for the operation of the facilities. Collectively, the implementation of the solar systems will generate an estimated savings of approximately 205,000 kWhs of electricity per year, or approximately SGD 77,000.00 per year for JE Cleantech. Utilization of electricity produced through solar energy is also critical to reducing the Company's dependence on electricity produced by the burning of fossil fuels.As a leading manufacturer of precision cleaning systems in Singapore, JE Cleantech attaches great importance to its social responsibilities. The installation of solar systems at the Company's facility continues to demonstrate JE Cleantech's efforts towards reducing the impact of its carbon footprint by utilizing non-polluting solar energy as well as maintaining its sustainable growth. The Company plans to take a further step in expanding the coverage of its solar system to another facility, with an aim to increase the overall savings and to facilitate its sustainable goal.Last year, Singapore committed to reducing emissions to around 60 million tonnes of carbon dioxide equivalent in 2030 and achieving net zero emissions by 2050. Along with this, the Government plans to meet 28% of its peak power demand from solar power by 2030. Solar energy is among the fastest-growing sources of new electric generation in Singapore and it is considered the main renewable energy focus by the Government. In line with this, JE Cleantech is sparing no efforts to support the Government and the local community along this journey.Ms. Bee Yin Hong, CEO and Founder, JE Cleantech, said "We are proud to take one further step in fulfilling our social responsibilities and support the Government's 2050 net zero initiatives. The installation of solar systems is a milestone of JE Cleantech's support of nature conservation, pollution reduction, and climate change mitigation. This showcases JE Cleantech's ongoing commitment to prioritizing renewable efforts and ensuring a greener and more sustainable future for the community. Looking ahead, we will keep proactively committing to social responsibilities, striving for sustainable growth, and bringing sustainable returns to our shareholders and investors in the long run."About JE Cleantech Holdings LimitedJE Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment; and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.Disclaimer: Forward looking statementsThis news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements may be identified by such words or phrases as "should," "intends," "is subject to," "expects," "will," "continue," "anticipate," "estimated," "projected," "may," "I or we believe," "future prospects," "our strategy," or similar expressions. Forward-looking statements made in this press release that relate to our future contract revenues among other things involve known and unknown risks and uncertainties that may cause the actual results to differ materially from those expected and stated in this announcement. We undertake no obligation to update "forward-looking" statements.For Media Enquiries and Investor Relations, please contact:jcse@preciouscomms.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE - Users of electric vehicles (EVs) will have easier access to chargers soon, as Singapore steps up its push to get more motorists to choose this less polluting option. Applications open this month (July) for a grant that subsidises the installation of charging points in non-landed private residences. And electric car maker Tesla has set up three charging points at Orchard Central. It will set up more in the coming months. Transport Minister S. Iswaran said on Monday (July 19) that Tesla's charging points were installed under a regulatory sandbox by the Land Transport Authority (LTA). Mr Iswaran, who was speaking at a media event held by Sembcorp, said LTA launched the scheme this month to accommodate technologies that are on track to be included in Singapore's national charging standard. He said LTA has been engaging companies to submit specific sandbox applications for case-by-case assessment. Mr Iswaran said the Tesla V3 supercharger, which is only for Tesla vehicles, is expected to shorten charging time to 15 minutes. Separately, the grant to subsidise the installation of EV chargers in condominiums and other non-landed private residences will open for applications on July 29. The Electric Vehicle Common Charger Grant is aimed at building up charging infrastructure in eligible residences. Through it, LTA will co-fund installation costs of 2,000 EV chargers as an early adoption incentive. The grant was announced in March during the Ministry of Transport's budget debate. On Monday, LTA said: "As non-landed private residences form a significant proportion of residences in Singapore, improving charger provision is an important step towards improving the coverage of Singapore's national EV charging network." Mr Iswaran, announcing the launch date of the grant, encouraged condominium residents to "seize this opportunity to ensure that their car parks are future-ready". Owners of the EV chargers, whether a charging operator or owners of the residences, can apply for the grant to cover three upfront cost components of charger installation. These are the charging stem, licensed electrical worker fees, and cabling and installation costs. The grant will co-fund 50 per cent of the three cost components, subject to an overall cap of $4,000 per charger. The chargers must have smart charging functions that can monitor and react to energy consumption information. More on this topic Related Story Tesla car delivery to S'pore buyers delayed due to chip shortage, pandemic and high demand Related Story Tesla to open service centre in Toa Payoh, appoints 'geek' as country manager The grant will be allowed for installation of chargers at only up to 1 per cent of residential carpark spaces within each non-landed private residential development. LTA said the installation of EV chargers at landed properties, shophouses, hotels, hostels, serviced apartments and workers' dormitories would not be covered under the grant's conditions. The grant will be available until Dec 31, 2023 or until 2,000 chargers have been approved for co-funding, whichever is earlier. Those who are interested can visit LTA's website for more details or apply via the Government's business grant portal. More on this topic Related Story Where electric vehicles can plug in S'pore and how much it costs Related Story SP Group to trial charging points that can draw energy from EVs back into power grid

