-A premier Asian annual competition to serve as a platform for clean-energy 
start-up ecosystem players to share innovations and transform the energy 
ecosystem for the future 

To support and accelerate energy transition, Sustainable Energy Association of 
Singapore (SEAS)[https://www.seas.org.sg/], will be staging its fourth PowerACE 
start-up pitching competition as part of Asia Clean Energy Summit 
[https://www.asiacleanenergysummit.com/](ACES). PowerACE provides a platform 
for players in the clean-energy start-up space to showcase solutions and build 
a more robust energy ecosystem in Singapore.

According to the International Energy Agency (IEA), the annual capital spending 
on clean energy in these economies needs to expand by more than seven times, to 
above USD 1 trillion, in order to put the world on track to reach net-zero 
emissions by 2050.

From now until 13 August 2021, energy start-ups and young companies supporting 
the energy sector can submit their application for PowerACE 
2021[https://www.seas.org.sg/powerace/powerace-2021]. This will give promising 
new energy companies exposure and opportunities to pitch and exhibit their 
innovations at the ACES 2021[https://www.asiacleanenergysummit.com/] - Asia's 
leading clean energy event, as part of the bigger goal to propel the 
sustainable development of clean energy in Singapore and the region. 

"PowerACE competition has contributed to the growth of clean energy start-ups 
by providing a platform to showcase them to investors, large corporations as 
well as R&D institutions. The growth of these start-ups will contribute to the 
ambition of net zero emissions by 2050," said Kavita Gandhi, Executive 
Director, SEAS.

Eligible clean energy start-ups who have been registered for up to seven years 
and have received up to S$5 million in funding are welcomed to apply. The top 
12 finalists will get to pitch and display their solutions at ACES 2021. 
Shortlisted start-ups will be provided mentorship by industry professionals to 
help refine their business models and pitches. Winning pitch stand to win over 
$100,000 worth of prizes from our sponsors, EcoLabs Centre of Innovation for 
Energy, Private Financing Advisory Network (PFAN) and BloombergNEF (BNEF).

Interested participants may apply to participate in PowerACE 2021 here[ 
https://docs.google.com/forms/d/e/1FAIpQLSftNEvS9rPMq1onYbm_GjH-kpk22yIlVonFqX6Ue7N_EYL1dQ/viewform?usp=sf_link].


Media Contact
Whitney Tan
whitney@seas.org.sg
+65-6338 8578

SOURCE Sustainable Energy Association of Singapore (SEAS)


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   Caption: PowerACE 2021 start-up pitching competition registration is now 
open!