SINGAPORE - From next year, clean energy companies will, for the first time, sponsor engineering students for the Energy-Industry Scholarship (EIS) here.

This means that some of next year's batch of scholarship recipients and future cohorts will be posted to clean energy companies after completing their studies at polytechnics or the Institute of Technical Education (ITE).
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Launched in 2014, the EIS has been co-funded by traditional power-sector firms such as Singapore Power and Senoko Energy, as well as the Energy Market Authority (EMA).
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Singapore plans to launch standardised guidelines for renewable energy certificates, part of efforts to decarbonise its power sector and develop a regional grid, a minister said on Tuesday.
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The certificates, called RECs, are market-based instruments substantiating that electricity has been generated from renewable energy sources. One certificate represents that one megawatt-hour (MWh) of electricity was generated from a renewable energy source and delivered to the grid.

Coming up with a business idea is easy. But coming up with a great business idea? That's a challenge. An even bigger challenge is taking that idea and turning it into a viable business opportunity. With 90% of startups failing, how can you be sure your idea is worth pursuing? Unfortunately, there is no surefire way to tell if a company will be successful.

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