The electricity being generated from solar panels installed amidst challenging marine conditions has paved the way for the next clean energy breakthrough. This groundbreaking experiment took place in the China Yellow Sea, about 30 kilometers off the coast of Shandong province, last year. The successful ambitious project was executed by State Power Investment Corp., China’s largest renewable energy developer, and Norway-based developer Ocean Sun AS. It utilised two circular rafts carrying neat rows of solar panels that began generating electricity late last year. The success of the project has raised potential possibilities about offshore locations, where countries can expand their…
Author: Saur News Desk
Philippines-based ACEN Corporation, an energy firm under the Ayala Group, has an ambitious plan to provide solar power to telecommunications towers in the country through a planned joint venture with the Norfund, a Norwegian Investment Fund for developing countries. In its stock exchange filing, ACEN informed that its executive committee has approved the proposed joint venture with Norfund and investment into YMP Telecom Power Inc. for the provision of sustainable and affordable telecom tower solarisation solutions in the country. ACEN said, “The proposed joint venture between the company and Norfund is aimed to fund projects of Yoma Micro Power (YMP)…
China’s Seraphim will supply high-efficiency solar modules for ERS Group’s 300 mega-watt (MW) ground-mounted power station located in Zambales Province, Philippines. To this end, solar module manufacturer Seraphim Energy Group Co., Ltd. (Seraphim) recently signed a 300 MW solar module supply agreement with Malaysia-based ERS Energy Group of Companies (‘ERS Group’), an engineering, procurement, and construction service provider. The statement informed that the module supply will begin in the third quarter of 2023 and be completed by the second quarter of 2024. “The components supplied by Seraphim mainly consist of 550/555W high-efficiency modules, which utilize multi-busbar cell technology and high-density…
Malaysia’s Samaiden Sdn Bhd (SSB), Samaiden Group Bhd’s wholly-owned unit, has bagged an order worth RM181.34 million from Uzma Bhd’s indirect associate company, Suria Infiniti Sdn Bhd, to build a solar power plant at Kuala Muda district in Kedah. In a filing with Bursa Malaysia today, it said that, as per the deal, SSB would undertake the engineering, procurement, construction, and commissioning (EPCC) works for the 50 megawatts alternating current (MWac) large-scale solar (LSS) photovoltaic (PV) power plant, approved by the Energy Commission pursuant to the LSS4 programme. “This will help to enhance our financial performance over the longer term…
Thailand’s oil and gas firm, PTT Plc is boosting initiatives to harness additional renewable power sources and move towards its hydrogen fuel enterprise. This move is a part of its strategy for sustainable growth of the state-owned firm. Cherdchai Boonchoochauy, Senior Executive Vice President for Innovation and New Ventures, said, “PTT’s existing blueprint is to create 12 gigawatts of renewable electricity and restrict power generated from non-renewable fuels to eight gigawatts by 2030. However, these targets will undergo an upgrade to echo the firm’s commitment to renewable energy. A key part of this campaign is the development of new hydrogen…
In an initiative that will steer forward clean energy in Southeast Asia, Gentari Sdn Bhd (Gentari), which offers clean energy solutions, has entered into an agreement with Keppel’s Infrastructure Division. The MoU will pave the path for the exploration and development of sustainability-related opportunities in the region. The MoU signing ceremony witnessed the presence of Gentari’s Chief Renewables Officer, Low Kian Min, and Tan Boon Leng, Managing Director of Keppel Infrastructure Holdings Pte Ltd. Gentari’s Chief Executive Officer (CEO), Sushil Purohit, and Cindy Lim, CEO of Keppel’s Infrastructure Division. The agreement between the two firm aims has set sights on…
The Asian Development Bank and the Energy Market Authority (EMA) of Singapore have joined hands in partnership for developing renewable energy generation and transmission across the ASEAN region. The MoU will also provide support towards setting up the ASEAN Power Grid. The agreement paves the path for Singapore to decarbonize its power sector and enable it to import clean energy from ASEAN. EMA Chief Executive Ngiam Shih Chun said of the partnership “will combine the expertise and resources of EMA and ADB to further unlock the potential for low-carbon electricity to power the region and boost efforts to decarbonize our…
In a bid to tap opportunities in the EV market, Thailand’s local manufacturers are looking forward to partnering with the Chinese firms, mainly focusing on EVs. Th recent example is the leading Thai automaker Siam Motors, which is in talks with several Chinese automakers, particularly for high-end electric vehicles. Vice President Sebastien Dupuy revealed this in an interview. “EVs will be a nice pocket of growth,” he said. “There is a market growing for that, and we want to capture the growth.” The Thai family-owned group has grown annual revenues to US$7 Bn. It may be noted that Siam Motors…
Taiwan-based Fortune Electric has joined hands with the American GE Vernova’s Solar & Storage Solutions business to manufacture its Battery Energy Storage Solutions (BESS) in Taiwan. The firm said in a statement that the Memorandum of Understanding (MoU) supports GE Vernova’s introduction of its energy storage portfolio in Taiwan. It is expected to enable reliable, affordable, and dispatchable integration of energy to the grid. “We are very pleased to introduce our energy storage portfolio to the Taiwan market. Relying on our global expertise and proven technology, in collaboration with Fortune Electric, we are ready to provide flexible and intelligent solutions…
JRE Operations, a leading operator of renewable energy assets in Japan, and Envision Digital, the global decarbonization software leader headquartered in Singapore, have signed a framework agreement to deploy remote monitoring and analytics in all of JRE Operations’ solar and wind farms across 90 sites in Japan. JRE Operations operates nearly 1,000 megawatts (MW) of solar, wind, and biomass energy assets, making it one of the largest in the country, while Envision Digital manages over 550 gigawatts of energy assets globally. Both parties will work together to develop an advanced digital operation model for renewable energy plants. This will aim…