Philippines-based Basic Energy Corporation will be building a wind project in Panay, located in the Visayas region. The firm has received approval from the Department of Energy for a wind energy service contract (WESC). The firm disclosed it in a statement said that the proposed project involves a total land area of interest of approximately 13,932 hectares covering 172 RE blocks in San Joaquin and Miag-ao, Iloilo and Hamtic, Antique. It will have a generation capacity between 150 megawatts (MW) and 175 MW, based on a preliminary study done by an independent party. ”With the approval and signing of the…
Author: Saurenergy International
The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is also the largest PV power generation firm. The said pilot project lies off the coast of Haiyang in eastern China and employs the patented floating solar technology from Norway-based floating solar solutions provider, Ocean Sun. The floating project boasts of an installed capacity of 0.5…
Baseload power, the final hurdle for renewable energy, especially wind and solar, looks set to face its first assault from renewables. French renewable energy developer Neoen, which has been involved with multiple big battery and renewable projects in Australia, has signed a first of its kind “baseload” contract with mining first BHP to supply power to its Olympic Dam copper mine in South Australia with a combination of wind and battery storage. The move comes even as mining giants worldwide seek to reduce their emissions footprint by sourcing ever higher renewable energy for their operations. BHP has comitted to reduce…
In a major development, the USA and the UAE have signed a new clean energy framework on demonstrating their deep commitment for global clean energy future and long-term energy security through a partnership to ensure the swift and smooth transition toward clean energy and away from unabated fossil fuels. The official statement held that the US-UAE Partnership for Accelerating Clean Energy (PACE) is set to catalyze $100 billion in financing, investment, and other support and to deploy globally 100-GW of clean energy by 2035 to advance energy transition and maximize climate benefits. PACE’s ambitious plan is built upon four pillars:…