Today Newspaper featured Cyclect in coverage examining the group’s strategic transformation under Managing Director Melvin Tan, who took over leadership in 2006.
The article reported that Cyclect had achieved a fivefold increase in revenue to over S$100 million over eight years, driven by a deliberate move away from the group’s marine and offshore roots toward energy-efficient power systems and solar installations. Projects cited included Gardens by the Bay, the Singapore Grand Prix, and Marina Bay Sands.
The feature noted Cyclect’s recognition with the top honour at the Singapore Sustainability Awards 2012 for its work in reducing carbon emissions through cogeneration and trigeneration systems. It positioned the group’s shift toward cleaner energy engineering as both commercially successful and strategically aligned with Singapore’s growing emphasis on sustainability in its industrial and infrastructure sectors.