The maritime industry will benefit from Ampotech's internet of things enabled energy management system, which was founded in Singapore. Ampotech signed a Memorandum of Understanding to join the Coastal Sustainability Alliance (CSA) on April 25, 2023, along with the other 11 new members.
CSA is an alliance focused on decarbonizing Singapore's marine industry through the development of electric vessels, charging infrastructure, power management systems, and coastal logistics optimisation solutions. It was founded in 2022 and is led by Kuok Maritime. With a goal of a 50% reduction in vessel carbon emissions and a 20% reduction in maritime traffic by 2030, the 18 member CSA anticipates investing more than S$20 million into various sustainability initiatives over the next ten years.
"The Coastal Sustainability Alliance's efforts to build the next generation coastal logistics ecosystem has progressed to plans. The alliance is excited to contribute in incubating our local start-ups. Ampotech's research initiatives will reinforce the efficiency and reliability of our PXO vessels. We will provide them with our full support to achieve our common goals." Victor Yeap, Senior General Manager, PaxOcean.
The battery-powered PXO e-tug and e-supply vessels, which will be the first and largest locally designed, built, and deployed boats to be in operation in Singapore, are expected to use a lot of energy. As one of the new technology providers in CSA, Ampotech anticipates working closely with fellow members PaxOcean, M1, GenPlus, and ST Engineering to track and optimise this use.
"Our energy management technology is proven for on-shore applications in commercial and industrial buildings, and we are excited to have the opportunity to bring those capabilities into the maritime sector with CSA to have a larger impact" said Ampotech CEO William Temple.
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