
This is evidenced by the opening of an office in South-East Asia, in Singapore, a founding member of ASEAN (Association of South-East Asian Countries), whose grouping represents the 3rd world population and the 5th power. global economy. The challenge: to contribute to the challenges of carbon neutrality by 2050.
This deployment aims to achieve synergy of French and Singaporean skills to accelerate the energy transition in France and Asia.
For Pierre Maillard, CEO of Hellio: “Being present in the heart of a region experiencing strong growth and having to integrate climate issues in the face of the challenges of demographic and economic growth is for Hellio a strong strategic axis of diversification and development. Combining innovation, combining talents, combining experiences will allow us to always bring more added value to our customers. The challenges are numerous and we are proud to put together a team to fully participate in the challenges of controlling energy consumption and decarbonization. Singapore aims to be the first low-carbon country, and will be a real springboard for us, allowing us to expand across all the countries of South-East Asia, the combination of which represents the 1rd largest population in the world. »
French technical and financial engineering at the service of Southeast Asia
Hellio, pioneer of energy efficiency solutions, is laying a new stone in the building of its skills which have proven themselves in France. With its 300 employees spread throughout France, the group announces the opening of an office in South-East Asia in Singapore. This new location represents an important step in the Hellio group's strategy both in terms of innovation and expansion of its activities.
Hellio intends to provide its expertise in technical engineering, in support of its integrated design office Akéa Energies, to the tertiary sector in Singapore and the industrial sector in South-East Asia. In 2020, 40%[1] of the city-state's energy was consumed by the building and industry sectors. Also, Singapore, a signatory to the Paris agreement, aims to achieve carbon neutrality by 2050[2].
French technical and financial engineering, proven for more than 15 years by the group, will also enable the Singapore teams to provide comprehensive support to its customers.
Made up of engineering teams of 8 people, the Hellio branch in Singapore plans to grow to around twenty experts within 1 year.
For Cheng Da Lee, Hellio Singapore development manager: “Singapore is striving to become a model of sustainable development innovation in Asia. By encouraging innovation and adopting new energy efficiency practices, Singapore is strengthening its position to accelerate the energy transition in Asia. In line with Singapore's trajectory as an energy-saving innovation hub, our team is actively seeking to adopt new solutions to support an exemplary energy France. At Hellio we believe that using investments in an optimized manner and implementing appropriate financing and engineering solutions such as energy efficiency, development of renewable energy infrastructure and systems decarbonization can help achieve zero carbon targets more quickly. Hellio has chosen Singapore as a strategic hub to develop its technical and financial engineering expertise in France and throughout Southeast Asia. We are convinced that Hellio's know-how as a major player in energy management in France will be valuable and beneficial for Singapore and Southeast Asia. »
Innovation: the cornerstone of Singaporean teams
The internationalization of Hellio in Southeast Asia is also a winning bet for the French teams who will be able to benefit from the innovation of Singaporean engineers. In our sights is global warming: the control of energy consumption, and in particular that linked to the production of cold, is in advance in the city-State, very urbanized and considered as a model of “sustainable city”. With its tropical climate, it is subject to higher temperatures than in France, + 14C° on average. The R&D branch of the Singapore branch will allow Hellio to benefit from models of technological advances in energy efficiency solutions applicable in Europe.
Several action levers are being mobilized to accelerate the energy transition in ASEAN, such as the gradual abandonment of fossil fuel subsidies, carbon pricing, encouraging private investment in renewable energies, and the development of a regulatory framework to improve energy efficiency.
[1] CCE Singapore Committee – Sustainable Development – October 2020 https://singapour.cnccef.org/wp-content/uploads/sites/146/2021/05/Article-CCE-Sustainability.pdf
[2] https://www.mse.gov.sg/resource-room/category/2023-10-04-eligibility-criteria-for-international%20carbon%20credits