According to the statement released by Trek 2000, the latest partnership between both parties will allow them both to “further hasten” the transition towards renewable energy in Singapore. The partnership will tap on Trek 2000’s extensive research and development (R&D) and internet of things (IoT) solutions to enhance Terrenus Energy’s capability in the renewable energy segment.
Homegrown tech company Trek 2000 International has deepened its partnership with energy solutions company, Terrenus Energy.
On July 19, Trek 2000 announced that it had entered into a sale and purchase agreement (SPA) with the latter for the provision of integrated solutions and development of a renewable energy eco-system for $10 million.
