NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed that the agreement is aimed at organizing cooperation within the framework of the construction of a 128 MW wind farm in the Vietnamese province of Son La, located in the north-west of the country. The pact was signed by Nguyen Quang Luan, CEO of An…
Author: Saur News Bureau
Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two companies. The officials statement says that the MoU brings together 30 years of experience of Ørsted of developing, building and operating offshore wind farms. PTSC M&C claims to have a strong expertise and track record in the development of energy infrastructure in the Asia-Pacific region.…
Real estate solutions provider KCN Vietnam and leading French multinational TotalEnergies have entered into a strategic partnership by signing a Memorandum of Understanding (MOU). Both parties have agreed that TotalEnergies would be the exclusive solar energy provider on the rooftops of KCN Vietnam properties. With current and pipeline projects combined, the properties of KCN Vietnam will provide approximately 610,000 square meters of roof space and 280,000 square meters of solar panels. It has been agreed between the two companies that TotalEnergies will operate and maintain the solar panel system for 20 years. Once the solar panels are installed on the…
China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support and facilitation provided by the government. Risen Energy has projected to invest a total of RM42.2 billion. This includes capex and operational expenditure over 15 years to undertake design and development activity, and manufacturing of solar cells and solar modules. The facility’s construction at Kulim…
Global conglomerate Samsung SDI has announced that it will invest $1.3 billion in setting up of cylindrical battery lines in Malaysia by the end of this decade to realize its ambition to become a global top tier company. A novel ceremony was held for the construction of a second battery production unit in Seremban, Malaysia. The new facility will be equipped with the state-of-art tools and innovations to step up the product line. The project will be completed by 2025 in a phased manner. The company informed that the mass-production of PRiMX 21700 cylindrical batteries at the manufacturing unit at…
The developer of large-scale turnkey PV plants worldwide, ib vogt has achieved commercial operation (COD) of the 116 MWp Coara Marang Solar Project, in consortium with its Malaysian joint venture partner, Coara Solar Sdn Bhd. COD was reached on September 17, 2022, providing clean solar energy from the photovoltaic plant to the Malaysian electricity grid. The project had already signed a 21-year Power Purchase Agreement (PPA) in June 2020 with the Tenaga Nasional Berhad (TNB), Malaysia’s largest electricity utility. The project was developed along with ib vogt’s Malaysian project partner, Coara Solar, under the third round of the Large Scale…
A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put forth by by IRENA and the Indonesian Ministry of Energy and Mineral Resources, offers an outlook on the long-term energy pathway for facilitating the transition to a more sustainable system focused on renewable energy. “Energy transition is very important for Indonesia, and we are committed…
Leading solar cell and module manufacturer Solarspace has onboarded Krishan Sharma as the Vice President (VP) to lead its Asia pacific solar business. Sharma was previously at Renesola India. For Solarspace, India is a key market, as it remains one of the largest suppliers of solar cells for module manufacturers in the country. Sharma, with his extensive experience of over 15 years in the solar space, should have no trouble diving in, thanks to his deep connections with the solar sector. An Engineering graduate with an MBA from IMT Ghaziabad & EPLM from IIM Calcutta, His forte in his previous…
In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which should really take out the last remaining issue for solar developers in the country. The move, if and when it is taken, will mark a significant win for US solar developers and installers, who have been baying for a stop to the current investigation into…
The widely expected announcement follows immense pressure to find a way out to protect projects already underway as well as those planned. The odds that US manufacturing will be able to fill the gap in the next two years remain low, considering the competitive gap between costs with Asia based manufacturers. The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the…