The economic impact of green technology is noteworthy, with the global green technology and sustainability market projected to grow from $15.01 billion in 2024 to $37.36 billion (Photo: Midjourney)
封面圖片 The global green technology and sustainability market is expected to be worth $121.05 billion by 2032, more than four times that in 2024, according to Polaris Market Research (Photo: Midjourney)
The economic impact of green technology is noteworthy, with the global green technology and sustainability market projected to grow from $15.01 billion in 2024 to $37.36 billion (Photo: Midjourney)

Meet four innovators harnessing cutting-edge technology to clean up some of the most polluting sectors

Green technology plays a crucial role in combating climate change and preserving the planet. Renewable energy, for instance, has seen remarkable growth and adoption in recent years. In 2022, the International Energy Agency found that renewable energy sources accounted for almost 90 percent of all new electricity-generating capacity additions, with solar photovoltaic (PV) technology and wind power leading the charge.

According to Polaris Market Research, the value of the global green technology and sustainability market is expected to grow from $26.85 billion in 2024 to $121.05 billion in 2032.

Despite challenges such as high initial costs and infrastructure limitations, the interest in and adoption of green technology globally is accelerating. Here are four young leaders whose companies are helping to make this happen across Asia-Pacific. 

Read more: 5 smart energy saving home appliances

Oh Chu Xian

Tatler Asia
Oh Chu Xian aims to solve two critical environmental issues: plastic waste management and sustainable infrastructure development with her company Magorium
以上 Oh Chu Xian’s company Magorium is working to solve two critical environmental issues: plastic waste management and sustainable infrastructure development (Photo: Magorium)
Oh Chu Xian aims to solve two critical environmental issues: plastic waste management and sustainable infrastructure development with her company Magorium

Founder, Magorium

Oh Chu Xian is addressing two critical environmental issues through her company Magorium: plastic waste management and sustainable infrastructure development.

Founded in 2019, Magorium has developed groundbreaking technology that converts contaminated plastic waste into NewBitumen, an innovative material used to pave roads.

The Singapore-based company has diverted over 8,000kg of plastic waste from incineration. It has partnered with the likes of pharmaceutical giant Sanofi and real estate company Sentosa. The company has also received backing from Enterprise Singapore, DBS Foundation, Temasek Foundation and Singapore’s Ministry of Sustainability and Environment. 

Read more: This young environmentalist turns plastic waste into construction materials

Tulika Raj

Tatler Asia
Tulika Raj has a vision to drive mass adoption of clean energy by making green hydrogen cheap (Photo: Darren Gabriel Leow)
以上 Tulika Raj has a vision to drive mass adoption of clean energy by making green hydrogen cheap (Photo: Darren Gabriel Leow)
Tulika Raj has a vision to drive mass adoption of clean energy by making green hydrogen cheap (Photo: Darren Gabriel Leow)

Co-founder and CEO, SunGreenH2

Tulika Raj and Dr Saeid Masudy Panah started SunGreenH2 in 2020, with the vision to drive mass adoption of clean energy by making green hydrogen cheap. 

The company builds high-performing electrolysers that can double the hydrogen produced from water while using at least 10 percent less energy. This not only makes the production process more efficient but up to 50 percent cheaper as well.

Read more: The Highway Pitch: Why green hydrogen is the future, according to SunGreenH2’s Tulika Raj

The electroysers also lower the use of expensive precious metals like iridium and platinum by 30 times, which helps to cut cost and reduce the environmental impact associated with mining and processing these rare materials. 

The company’s backers include SGInnovate, a Singaporean government-owned innovation platform, Entrepreneur First, She1K and Vinci VC. It also has a manufacturing and research and development facility in Melbourne, Australia.

Sergius Angelo Santos

Tatler Asia
Sergius Angelo Santos, CEO of SolX Technologies, is bringing to life with an innovative digital platform that simplifies energy management for businesses and consumers alike (Photo: Wesley Villarica)
以上 Sergius Angelo Santos‘ SolX Technologies has developed a digital platform that simplifies energy management for businesses and consumers alike (Photo: Wesley Villarica)
Sergius Angelo Santos, CEO of SolX Technologies, is bringing to life with an innovative digital platform that simplifies energy management for businesses and consumers alike (Photo: Wesley Villarica)

CEO, SolX Technologies

Imagine being able to manage your energy consumption as easily as checking your social media feed. That’s the vision Sergius Angelo Santos, CEO of SolX Technologies, has.

Solx Technologies has developed a digital platform that simplifies energy management for businesses and individual consumers. It monitors energy efficiency and optimises consumption, and is particularly geared towards small and medium-sized enterprises and individual users—groups that often lack access to sophisticated energy management tools.

The platform provides real-time data from various smart meters and sensors to help end users select an energy portfolio that matches their needs. The system acts as a marketplace for electricity, giving consumers more control and helping to lower power costs across the board. According to SolX, clients have saved an average of 25 percent on energy costs. For its industrial clients, it has facilitated cumulative savings of over $8 million.

Read more: Meet the visionary CEOs fuelling Asia’s sustainable energy ambitions

Peerapatr Sirichantaropart

Tatler Asia
Peerapatr Sirichantaropart wants to establish comprehensive charging infrastructure to smoothen the path for widespread EV adoption in Thailand (Photo: Worapon Teerawatvijit)
以上 Peerapatr Sirichantaropart wants to establish comprehensive charging infrastructure to smoothen the path for widespread EV adoption in Thailand (Photo: Worapon Teerawatvijit)
Peerapatr Sirichantaropart wants to establish comprehensive charging infrastructure to smoothen the path for widespread EV adoption in Thailand (Photo: Worapon Teerawatvijit)

Co-founder and CEO, Sharge

Peerapatr Sirichantaropart, co-founder and CEO of Sharge, is addressing one of the most significant challenges in Thailand's transition to EV: by developing a comprehensive charging infrastructure to smoothen the path for widespread EV adoption.

Sirichantaropart’s company offers a comprehensive charging network that can be easily accessed through a mobile app. Sharge has partnerships with major players in various industries, including property developer Sansiri and Chinese automotive manufacturer BYD.

Sharge’s ambitions extend beyond just providing charging stations. The company is actively forging partnerships with commercial fleet operators, including Thailand’s public transport service providers, to substitute some 6,000 vehicles with electric alternatives. It has also announced plans to invest more than $55 million into developing charging facilities between 2023 and 2030.


Meet more Gen.T Leaders of Tomorrow in Sustainability

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