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Briefs: Hong Kong's booming IPO market poised for lift; Netflix to offer video games

The Edge Singapore
The Edge Singapore • 7 min read
Briefs: Hong Kong's booming IPO market poised for lift; Netflix to offer video games
Netflix shares gained as much as 2.1% to US$559.53 in late trading on July 14.
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Sembcorp Industries and National water agency PUB have officially opened the Sembcorp Tengeh Floating Solar Farm (pictured) at the Tengeh Reservoir. The solar farm, consisting of 122,000 solar panels spanning across 45 hectares, can generate 60 megawatt-peak. It is one of the world’s largest inland floating solar photovoltaic systems. Power generated from this solar farm will be sufficient to power Singapore’s five local water treatment plants, offsetting about 7% of PUB’s annual energy needs and reducing its carbon footprint. This is equivalent to powering about 16,000 four-room HDB flats and reducing carbon emissions by about 32 kilotonnes annually, the same as taking 7,000 cars off the roads. The solar farm is a key plank contributing to Singapore’s national goal of quadrupling solar energy deployment by 2025. The launch ceremony on July 14 was officiated by Prime Minister Lee Hsien Loong. Photo: Sembcorp


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