Singapore is set to welcome its largest floating solar farm, which will begin construction at Kranji Reservoir in 2025.The solar farm, also technically known as the Floating Photovoltaic (FPV) System, will commence operation in 2027 or 2028, aiming to accelerate the country’s efforts in generating more renewable energy.It is expected to be able to produce 141 megawatt-peak (MWp) of clean energy, or 112.5MWp when converted to AC, which is the voltage used by the electricity grid and most of Singapore’s electrical appliances.The FPV is expected to contribute to 7.1% of Singapore’s target of 2GWp of solar power generation by 2030,…
Author: Chitrika Grover
President of the Philippines, Ferdinand R. Marcos Jr. inaugurated the Cabaruan Solar Powered Pump Irrigation project, one of the first large solar-powered irrigation systems in the country. This project is located in Barangay Cabaruan, Quirino, Isabela.The pumping station, which costs P65.77 million, is equipped with two units of solar-power-driven submersible pumps composed of 1,056 solar panels, which can generate some 739,200 watts of electricity. Two units of submersible pumps with an output discharge capacity of 12,800 gallons per minute were also provided, allowing the irrigation of some 350 hectares of agricultural land. The president said the project aims to lower…
Bangladesh Prime Minister Sheikh Hasina reiterated her country’s eagerness to import hydroelectricity from Bhutan through India when Bhutanese Prime Minister Dasho Tshering Tobgay met her in New Delhi. Bangladesh Prime Minister and her Bhutanese counterpart were in New Delhi to attend the swearing-in ceremony of Prime Minister Narendra Modi. During a media briefing after the meeting, Bangladesh Foreign Minister Dr Hasan Mahmud said that import of hydroelectricity from Bhutan will require a tripartite agreement involving India and we have already brought the matter to India’s attention. Hasan said Bhutan is eagerly waiting to export hydroelectricity to Bangladesh. He also said…
Logistics services provider Mober has secured an investment of up to $6 million, or around P350 million, from the South East Asia Clean Energy Facility II (SEACEF II) to boost its electric vehicle (EV) operations in the Philippines.The funding, through both equity and convertible notes, will bolster Mober’s fleet of electric vehicles and help the company establish a new 3,000-square-meter charging facility by early 2025.SEACEF II is managed by Clime Capital, a Singapore-based fund manager focused on accelerating the low-carbon transition.’Having Clime Capital as an investor adds significant credibility to Mober and solidifies our commitment to sustainability. This partnership not…
The solarising initiative at Jawaharlal Nehru Hospital in Mauritius was inaugurated on 3 June 2024 by Dr the Kailesh Kumar Singh Jagutpal, Minister of Health and Wellness and Georges Pierre Lesjongard, Minister of Energy and Public Utilities in the presence of Mahen Kumar Seeruttun, Minister of Agro-Industry and Food Security, Naveena Ramyad, Minister of Industrial Development, SMEs and Cooperatives, Teenah Jutton, Parliamentary Private Secretary; and H.E. K. Nandini Singla, the High Commissioner of India in Mauritius, and senior officials from the Ministry of Energy, Ministry of Health, Mauritius Development Bank, and the International Solar Alliance (ISA) Mauritius, in line with…
The Asian Infrastructure Investment Bank (AIIB) has signed a USD100 million (equivalent in CNY) green and blue loan to JC International Finance & Leasing Co., Ltd. (JC Leasing), a member of Legend Holdings Corporation. This is AIIB’s first “blue” loan, focused on ocean and coastal preservation and increasing access to clean water resources.The loan will help grow JC Leasing’s green and blue finance portfolio in China, aligning with AIIB’s thematic priorities of Green Infrastructure and Private Capital Mobilization. Loan proceeds will support blue activities such as water supply and sanitation, along with green activities such as energy efficiency, clean transport…
Nepal Parliament endorsed agreement on establishment of International Solar Alliance, floated by India, France. Addressing queries raised by lawmakers about the establishment of the ISA, Minister Basnet stated that it would guide the development of the energy sector and minimize the effects of climate change. He clarified that the government prioritized national benefits and that this establishment would not add any financial liability to the country. “In the next two years we will be able to produce 1,000 Mega Watt (MW) solar power, the work is already underway and the competitive PPA (Power Purchase Agreement) bidding also has started. At…
UEM Group Bhd, a wholly-owned unit of Khazanah Nasional Bhd, said on Wednesday that it has signed an agreement to develop a 500-megawatt (MW) hybrid solar power plant project in Johor.UEM Group through its green industry arm UEM Lestra Bhd inked the agreement with Blueleaf Energy and ITRAMAS Corporation Sdn bhd. This marks the second project to be developed by UEM Lestra and its partners as part of the one-gigawatt (GW) hybrid solar power plant flagship venture under the National Energy Transition Roadmap (NETR), according to a statement.“In less than a year of us signing the Memorandum of Understanding (in…
Sembcorp Green Hydrogen Pte. Ltd., a wholly-owned subsidiary of Sembcorp Industries (Sembcorp), has signed a Heads of Terms (HoT) agreement with Sojitz Corporation and Kyushu Electric Power Co., Inc. (the Consortium), paving the way for the Consortium to finalize a definitive green ammonia offtake agreement. This builds on the Memorandum of Understanding signed by the consortium and announced on December 18, 2023, to explore supplying Japan with green ammonia produced in India (the Project). As the lead developer and operator of the Project, Sembcorp will utilize renewable energy to produce an initial 200,000 metric tonnes per annum of green ammonia…
Minister of State for Power Ali Pervaiz Malik reiterated the government’s commitment to pursue renewable energy projects in a brief video message on Wednesday while categorically denying any decision to impose duty or tax on solar panels. Malik’s statement came as local media outlets reported that the administration in Islamabad had decided to amend the net metering regulations to impose new tariffs on the sale and purchase of solar energy produced by users. These reports also claimed the government was planning to impose a fixed tax on those who have installed solar panels. Net metering is a billing mechanism that…