Green tech manufacturer expands S'pore operations

Summary:GreenWave Reality plans to double employees in its Singapore research center with support from country's Economic Development Board.

SINGAPORE--Home energy management platform manufacturer GreenWave Reality on Wednesday announced plans to expand its operations in the country.

In an interview with ZDNet Asia, Allan Teo, Singapore and Asia managing director for GreenWave Reality, said the company's research center here currently has about 20 employees, having begun operations in the island-state a year ago. It plans to double this headcount by the end of 2010, and to 65 within the next three years, Teo added.

Singapore's Economic Development Board has given its support to the company's expansion plans, as part of the government's bid to attract more green tech companies to Singapore.

Goh Chee Kiong, director of cleantech at EDB, said in a statement that the project will help diversify the country's green tech ecosystem by strengthening the development of smart energy management capabilities in Singapore. "GreenWave's decision to use Singapore as a global business base also affirms Singapore's attractiveness as a home for business for global small and midsize businesses," he added.

Teo explained that support from the government agency came in the form of resources the company needed to build up its manpower pool at the research center.

Located at Science Park 2, the Singapore facility is the company's largest of three research centers. The other two are located in Copenhagen, Denmark, and California, United States.

According to GreenWave, its products are designed to help monitor and control appliances and devices needed to create energy-efficient homes.

Topics: CXO, Banking, Emerging Tech, IT Employment, SMBs

About

The only journalist in the team without a Western name, Yun Qing hails from the mountainy Malaysian state, Sabah. She currently covers the hardware and networking beats, as well as everything else that falls into her lap, at ZDNet Asia. Her RSS feed includes tech news sites and most of the Cheezburger network. She is also a cheapskate mas... Full Bio

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.