Red Dot Power Pte. Ltd., (www.cpvtenergy.com), a subsidiary company of vTrium Energy Group is a Singapore home grown electricity management and integrated energy services company. Red Dot Power is a licensee of Electricity Retail and is a Market Participant in the National Electricity Market of Singapore (NEMS) and Electricity Futures Market administered by SGX Singapore. Red Dot Power is the first independent Electricity Retailer to begin the electricity supply to contestable class of electricity consumer in Singapore taking the benefit of the Electricity Futures Market and occupies #1 position amongst the independent electricity retailers in terms of market share.
Red Dot Power is also a pioneer in implementing the Demand Response Energy Management Solutions for the first time in National Electricity Market of Singapore. Red Dot Power successfully implemented a Demand Response project for Electricity Market Authority (EMA, the energy regulator). Red Dot Power is currently offering substantial Interruptible Load capacity in the Contingency Reserve market segment of NEMS and recruiting significant Demand Response MW capacity for offering in the Primary Energy segment of NEMS.
Red Dot Power’s business model is to offer all-inclusive energy management solutions to its retail electricity consumers both on demand side and supply side i.e., electricity demand management and retail electricity supply, thus providing a complete one-stop energy solution to the electricity consumers in Singapore.
In addition vTrium, the parent of Red Dot Power is pioneer in bringing cutting edge Organic PV Solar solutions to Singapore through a partnership with Heliatek GmbH, Germany and MW scale Grid Battery Storage solutions from Younicos AG, Germany. The first set of OPV Solar projects are implemented for JTC facilities under a SPRING Singapore funded pilot. The partnerships with German technology companies Heliatek and Younicos have established vTrium Energy Group as the leading solutions provider for grid and off-grid applications for the entire energy value chain.