Red Dot Power plans to build 50 EV charging stations by 2019
Date: 2018-02-19   Author: Ojaswita Kutepatil  Category: #news

Red Dot Power, the Singapore-based electricity retailer has recently announced that it will be investing around SGD 500,000 to install 50 electric vehicles charging stations in the nation by 2019. Reportedly, the firm would team up with a Finland-based company, PlugIT to operationalize the ambitious project.

Elaborating further, the company reported that the first phase of the project will comprise the installation of 10 EV stations and is slated to be completed by the end of this year. These stations will be powered by 22 kilowatt AC (alternating current) Type 2 chargers – which are typically touted as the most suitable chargers for plug-in hybrid EVs.

The second phase of the project, which aims to install 40 charging stations, on the other hand will be carried out in 2019. These 40 EV charging stations, as per reports, can be used for both slow and fast charging process that are powered by 24 kilowatt multi-standard chargers. 

Red Dot Power’s EV charging network, according to sources, will also allow the user to not only power their batteries but also discharge the electricity into the power grid. Apparently, PlugIT will deliver Red Dot Power with the maintenance and technology support for the electric vehicle charging network. 

The deployment of electric vehicles is witnessing a rapid upsurge in Singapore, on account of which the port operator PSA Singapore is likely to launch a tender for its first fleet of driverless & electric vehicles this year, cite sources.  

In a bid to enable the cars to go completely emission free, the company apparently plans to install solar panels at the EV charging stations, in turn complementing the future of electricity grid. 

For the record, the electric charging stations would cater to the EVs imported from Europe, Japan, and the U.S that are compliant to different range of charging standards.



About Author


Ojaswita Kutepatil

Ojaswita Kutepatil

Ojaswita Kutepatil, a mechanical engineer by qualification, worked as a BDE and Technical Engineer before switching her profession to content writing. Currently, she works at AlgosOnline. as an Content writer, where she pens down write-ups pertaining to the market res...

Read More

More from Ojaswita


Post Recommendents

Sirius Minerals inks massive polyhalite supply deal with Cibra Group
Author: Pankaj Singh

Sirius Minerals, the renowned U.K. based fertilizer development company, has recently announced its largest supply deal for its £3.2bn York Potash mine. According to sources familiar with the matter, the long-ter...


Agriculture Masterbatch Market to grow 6% CAGR over 2018 to 2024
Author: Rahul Varpe

As per reliable estimates, the Masterbatch Market for automotive sector is projected to surpass a CAGR of 5.8 percent over the next seven years. The consistent research and development activities being undert...


Polystyrene Acoustic Insulation Market to surpass $9bn by 2025
Author: Rahul Varpe

Acoustic Insulation Market size worth USD 10 billion in 2015, is predicted to touch USD 22 billion by 2025, recording a CAGR of 6% over the period of 2016-2025.” Acoustic insulation finds extensive application in construction and transportat...