We were waiting for this to happen...or at least I was. Finally, an announcement that signifies that the island-state is ready to leverage its strengths as an international business center, source of highly educated and skilled labor, and perhaps a little more symbolically, a place with abundant sunshine...the Singapore government has successfully court Renewable Energy Corporation of Norway to build the world's largest solar wafer manufacturing facility with a production capacity of 1.5 gigawatts a year, or three-quarters of the world's total output last year. Singapore was reportedly chosen from over 200 possible global locations.
The announcement is part of Singapore's larger ambitions of becoming a clean tech leader, as it enacts a slew of energy efficiency initiatives described in this article. Also take a look at this government website (the Economic Development Board) outlines the country's clean tech plans. Finally, this other article in IHT discusses Singapore's joining of the second generation biofuels race.