JTC Corporation (JTC) recently opened Clean Tech One, a six-story, 400,000 square foot business park, laboratory and office space that gathers different companies and institutions engaged in green research and development under a single roof across CleanTech Park.Cleantech Park is located next to the Nanyang Technological University (NTU), which will promote the cross-fertilization of knowledge and ideas between academia and industry. The co-location of businesses, practitioners and academia seeks to catalyze innovation in cleantech research through the formation of strategic alliances within the CleanTech Park community, JTC says.
JTC Corporation Inaugurates ‘CleanTech One’ to Catalyze CleanTech Growth
JTC Corporation (JTC) recently opened Clean Tech One, a six-story, 400,000 square foot business park, laboratory and office space that gathers different companies and institutions engaged in green research and development under a single roof across CleanTech Park.
Cleantech Park is located next to the Nanyang Technological University (NTU), which will promote the cross-fertilization of knowledge and ideas between academia and industry. The co-location of businesses, practitioners and academia seeks to catalyze innovation in cleantech research through the formation of strategic alliances within the CleanTech Park community, JTC says.
“CleanTech Park’s location at the forefront of the largest manufacturing node in Singapore, comprising Jurong Industrial Estate and Tuas, provides a strategic linkage between academia and business,” said Dr. Loo Choon Yong, JTC’s Chairman. “This linkage will enable cleantech research to be translated into industry-relevant applications.”
With a strong representation of cleantech R&D and businesses, JTC says CleanTech One is well placed to serve as a living laboratory to test-bed and showcase yet-to-be-commercialized innovative solutions.
Since the launch of the CleanTech Park Living Lab Program in 2011, JTC has funded some 14 test-bed projects. Examples of resource-efficient urban solutions being test-bedded include a 1-megawatt fuel cell plant that is being implemented by Real Time Engineering, a local SME and a tenant and partner of JTC.
“Environmental sustainability has become a strategic imperative for many global companies,” said Mr. Yeoh Keat Chuan, Managing Director of the Singapore Economic Development Board. “Recognizing this trend, EDB and JTC are developing the clean technology industry as a key growth area and positioning itself as the Asian epicenter for companies to develop, test and commercialize innovative sustainability solutions. CleanTech Park plays a vital role in catalyzing partnerships between the solution providers, end-users and research ecosystem.”
In related news, Mexican-owned baking company Grupo Bimbo recently inaugurated the first Ecologic Sales Center in the Historic Center area of Mexico City, with an investment of close to 20 million pesos ($1.5 million USD). Part of the company’s drive towards a fully sustainable supply chain, the eco-friendly facility will have 73 distribution vehicles with electric engines completely designed by Grupo Bimbo technicians and is intended to serve as the company’s new sustainable distribution model.
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Mike Hower
Founder & Principal Consultant, Hower Impact
Mike Hower is the founder of Hower Impact — a boutique consultancy delivering best-in-class strategic communication advisory and support for corporate sustainability, ESG and climate tech.
Published Aug 20, 2013 1am EDT / 10pm PDT / 6am BST / 7am CEST