Yinson Holdings Bhd, a major player in Malaysia’s energy sector, is poised to boost its investments in Brazil’s energy landscape with ambitious plans for wind farms in the northeastern region. The company anticipates a substantial boost pending final approval from the Brazilian government, which would greenlight their proposed renewable energy projects. Group CEO Lim Chern Yuan highlighted the significance of Brazil as Yinson’s largest market, citing the ongoing deployment of nine floating production, storage, and offloading (FPSO) vessels, three of which are already operational. The successful commissioning of FPSO Anna Neary last year and the upcoming delivery of two more…
Author: Lakshita Kapoor
In a bid to bolster its commitment to sustainable development, the Malaysian real estate mogul IJM Land Bhd has entered into a strategic partnership with Solar energy solution company Progressture Power Sdn Bhd (Progressture Solar) to explore new opportunities in solar energy. This collaboration aims to deploy a total capacity of 40-megawatt peak (MWp) across IJM Land’s upcoming projects. The memorandum of understanding between IJM Land and Progressture Solar focuses on integrating solar energy solutions into residential and commercial developments. Specifically, it includes pre-installing solar rooftop photovoltaic (PV) systems with a capacity of 25 MWp for residential properties. Additionally, the…
China’s rapid expansion of wind and solar power has led to a new challenge: managing imbalances in electricity supply across different regions. The surge in renewable energy capacity has often exceeded local demand, forcing authorities to occasionally halt renewable generators. To address this issue, the Chinese government has introduced new regulations aimed at bolstering long-distance transmission capabilities and improving coordination between provinces. Since late 2018, China has added a staggering 1.137 billion kilowatts of total generating capacity, with annual growth averaging 9%, according to data from the National Bureau of Statistics (NBS). The bulk of this increase comes from renewable…
NASCAR introduced an innovative all-electric racecar prototype during the Chicago Street Race on Saturday, marking a significant step towards its sustainability objectives. Partnering with ABB Ltd, NASCAR aims to achieve net zero operating emissions by 2035, despite currently having no plans for an electric vehicle (EV) racing series. The newly unveiled EV, developed in collaboration with Chevrolet, Ford, and Toyota, represents a departure from NASCAR’s traditional loud, gas-guzzling muscle cars. Powered by three electric motors capable of delivering up to 1,000 kW (around 1,340 horsepower), the EV showcases cutting-edge technology tested on the track. Unlike conventional racecars, this prototype features…
In a significant move towards sustainability in aviation, the Civil Aviation Authority of China (CAAC) has inaugurated the country’s inaugural technical centre dedicated to sustainable aviation fuel (SAF). This pioneering initiative, based in Chengdu, aims to set standards, conduct research, and foster the production of SAF within China. The new centre, as reported by the aviation regulator’s news channel, will play a pivotal role in formulating industry policies and establishing stringent standards for the production and quality control of SAF. This development comes amid China’s ambitions to significantly reduce carbon emissions from its aviation sector, which currently accounts for about…
Indonesia faces challenges in attracting investors to its geothermal energy sector, despite ambitious targets set by the government. State-owned electricity company PT PLN’s ( Perusahaan Listeik Negara) recent auction of nine geothermal projects, totaling 260 megawatts (MW), has seen tepid interest from businesses, highlighting concerns over financial viability and risk management. Last year, PLN offered projects including Tulehu in Central Maluku and Tangkuban Perahu in West Java. Prospective investors were required to collaborate with PLN through joint ventures under the Geothermal Exploration and Energy Conversion Agreement scheme. However, major players like Barito Renewables, through its subsidiary Star Energy, expressed interest…
In a recent report by energy think tank Ember, the Philippines has emerged as one of the world’s top ten economies heavily reliant on coal-fired power, surpassing Indonesia and China. This ranking underscores the challenges the country faces in achieving its ambitious green energy targets. According to Ember’s data, in 2023, coal accounted for a significant 61.92% of all electricity generated in the Philippines, marking a notable increase from 59.07% in 2022. This upward trend marks the fifteenth consecutive year of rising coal dependency, despite the Philippine government’s goal to reduce coal’s share to less than half of total power…
Rolls-Royce, a leading British provider of power and propulsion solutions, has announced a strategic partnership with Contemporary Amperex Technology Co Ltd (CATL), a prominent Chinese battery manufacturer. The collaboration aims to introduce CATL’s innovative TENER product line into the European Union and the United Kingdom, targeting the rapidly expanding market for power storage systems driven by the growth of renewable energies. CATL’s TENER is distinguished as the world’s first energy storage system with zero-degradation in the initial five years of operation, boasting a substantial capacity of 6.25 megawatt-hours and designed for mass production. Rolls-Royce has integrated TENER products into its…
In a significant boost to China’s renewable energy sector, heavy spring rains have led to a substantial increase in hydroelectric power generation this May. According to recent reports, hydroelectric output surged to 115 billion kilowatt-hours (kWh), marking a sharp rise from 82 billion kWh during the same period last year, which was marred by a severe drought. The backbone of this surge lies in China’s extensive cascade dams, primarily along the Yangtze River. These dams, comprising six massive power stations spread over 1,800 kilometers, have a combined capacity of 72 million kilowatts (kW). Stations like Wudongde, Baihetan, Xiluodu, and Three…
Malaysian state of Johor aims to forge a partnership with Sarawak to explore renewable energy sources, particularly hydrogen, announced Datuk Seri Hasni Mohammad, Chairman of the Johor Sustainability Centre. This initiative is part of Johor’s strategy to bolster its renewable energy sector through collaboration with both private and public sectors. Datuk Hasni revealed that a delegation led by Johor Mentri Besar Datuk Onn Hafiz Ghazi will soon visit Sarawak to kickstart this collaboration. The move comes in light of Sarawak’s advancements in hydrogen technology as a sustainable energy source, which Johor hopes to leverage. “We see Sarawak’s development in hydrogen…