Author: Saur News Bureau

The Department of Energy (DOE) of Philippines asked the public’s cooperation to efficiently use electricity in the Luzon grid. This as the National Grid Corporation of the Philippines (NGCP) issued a Red Alert notice recently.  Total capacity on forced outage is 4,281.3 MW while deration amounts to 216 MW. Typhoon Aghon has caused a substantial decrease in available power supply in the grid at a time when the hydro power plants have not yet recovered from their low water supply. While the power supply is expected to improve in the coming days, the DOE encourages everyone to conserve energy in…

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On May 22, Pylontech officially inaugurated its global headquarters, marking a significant milestone for this industry-leading energy storage system provider. Founded in 2009, Pylontech has been a key player in the energy storage industry, mastering core technologies in battery cells, modules, and Battery Management System (BMS), system integration, etc. It’s products and solutions cater to a wide range of applications including residential, commercial & industrial(C&I), and utility-scale projects. In 2013, Pylontech delivered its first energy storage system to the international market, and now boasts over ten years of experience serving overseas markets, with cumulative shipments exceeding one million units. Thanks…

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Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have failed to not just keep pace, with some firms even slipping into losses. A far cry from the bumper profits of Fy22-23. Of course, the first quarter tends to be a slow quarter in any case for installations due to winter in some of the…

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Filipino energy major ACEN Corporation has partnered with Australian firm Yindjibarndi Aboriginal Corporation to develop up to 3GW of renewable projects with battery energy storage systems (BESS) in Western Australia. Australia has been a major market for large battery storage systems due to the spread out grid, as well as the increasingly high share of solar power, which has created a strong use case for large energy storage to absorb the extra generation during daylight hours. The projects will be developed by Yindjibarndi Energy Corporation (YEC), in Western Australia’s Pilbara region, known until now for its vast mineral deposits The…

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The National Electric Vehicle Policy Board (EV Board) meeting chaired by Thailand Prime Minister Srettha Thavisin shared its continued commitment to propel Thailand into a prominent regional hub for EVs. This is set to help the Electric Vehicle (EV) manufacturers align closely with the 30@30 policy. In the meeting, the minister mentioned, “Thailand aspires to manufacture Zero Emission Vehicles (ZEVs) with at least 30% of the total motor vehicle production by the year 2030. It could be equivalent to the production of 725,000 cars and 675,000 motorcycles. The EV Board has approved the second phase of EV Package, known as…

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The Ministry of Power, Energy and Mineral Resources has now planned to send a set of their officials to China for an exposure visit. The move was taken to bolster the capacity of the South Asian country in the energy sector. As per the plan, the country has planned to send four officials to the an event in China from January 5 to January 11. These officials have also been asked to make a report on the learnings to the government. The department has sanctioned their deputation for the event too. These officials hail from the Dhaka Electric Supply Company…

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Thailand’s clean energy firm, Absolute Clean Energy Public Company Limited (ACE), has secured  Power Purchase Agreements (PPAs) from the Provincial Electricity Authority (PEA) for 15 ground-mounted solar energy projects. As per the statement, these projects, with a combined capacity of 92.73 megawatts, are set to open for commercial operation (SCOD) between 2024 and 2025. The PPAs have a 25-year term, and the electricity sales rate is fixed at 2.1679 baht per kilowatt-hour. Over the contract period, ACE anticipates annual revenue from electricity sales of approximately 547.52 million baht. The 15 solar projects are located in ten provinces. This development follows the Energy…

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ACEN, the Philippines listed energy platform of the Ayala Group, has emphasized on the need of upgrading the country’s electricity grid or the interconnected network of power transmission facilities for putting up the large-scale capacities of offshore wind projects. Speaking at the ‘Wind Energy Forum-Offshore Wind in the Philippines, recently, Rodrigo M. San Pedro, Senior Vice-President for wind development and special projects at ACEN, said, “When we talk about offshore wind, definitely, the scale is much bigger than onshore wind. So, we should be talking about within 300-500 megawatts (MW) of capacity.” “Without grid availability, that’s a big investment to…

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China’s GCL Technology Holdings, a solar-sector supplier will be setting up the firm’s first overseas factory in Saudi Arabia. As per reports, the world’s second-largest manufacturer of polysilicon, a key ingredient in solar panels, is looking to build a plant in the Middle Eastern nation that will produce 120,000 tonnes a year. The firm’s Joint Chief Executive Officer Lan Tianshi revealed that GCL Tech could start operations as early as 2025. “Saudi Arabia has mature infrastructure and experience in industrial manufacturing,” said, Lan said, talking to media. He cited the country’s abundant sunlight as an advantage  to support its transition…

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Thailand’s firm Global Power Synergy (GPSC) PLC, a member of the PTT Group specialising in the electrical industry and smart energy, has tied up with PTT Digital Solutions Company Limited, a provider of information and communication technology and another esteemed member of the PTT Group. As per the agreement, the partners aim to explore the development of an innovative energy platform for renewable energy, supporting energy trading and enhancing sustainable, clean energy management. Further, GPSC and PTT Digital will explore the development of an energy platform to produce clean energy that will support energy trading in the future, enhancing sustainable,…

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