Recently, Philippines disclosed the country’s renewable energy (RE) road-map at 13th session of IRENA in Abu Dhabhi where it highlighted its energy transition goal to increase the renewables share in the power generation mix to 35 percent by 2030 and 50 percent by 2040 from the current level of 22 percent. In a step towards achieving this goal, in the coming month of June,the Philippines will auction rights to build up to 11,600 megawatts of new power capacity from renewable sources in the next three years, gradually reducing its dependence on coal. Dwelling on the auction and the sources for…
Author: Saur News Desk
EcoFlow, a Philippines-based portable energy solutions company, has launched two new series of fast-charging energy solutions catering to mobile power users’ demands. The firm has named it as DELTA 2 and RIVER 2 series. They have been designed to cater to the different energy demands of energy consumers. These new series are equipped with high-capacity Lithium-ion batteries. The venture claimed these two segment energy solutions could last up to 3,000 complete charge cycles before reaching 80 percent capacity. The RIVER 2 series weighs up to 3.5 kilograms (Kg), while the DELTA 2 weighs 12 kg. According to EcoFlow, DELTA 2…
Renova Inc-a Japanese renewable power producer, has received funds for its 54.6-Megawatt (MW) Reihoku Amakusa Wind Power Project. Reihoku Wind Power GK is developing the project at Kumamoto prefecture in southern Japan. The firm secured finances through a Memorandum of Understanding (MoU) signed between Renova and a group of Japanese financial institutions. Sumitomo Mitsui Banking Corp (SMBC) was the lead manager, and SMFL MIRAI Partners Co. Ltd was the mezzanine lender in this case. Renova has laid the foundations for the Reihoku Amakusa Wind Power Project since 2017. It measured wind conditions, assessed environmental impact, and held earlier explanatory meetings…
India’s waste to energy firm Ecogreen Energy has selected GE to deliver its Flexinverter Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar Power Plant to be built in Nigde, Turkey. The project is part of the YEKA GES- 4 tender issued by the Ministry of Energy (MOE) in Turkey. GE will carry out designing, engineering, procurement, and commissioning of the Solar Power Station.With this project, GE will be delivering total 1.3 GW of solar projects in Turkey. Commenting on this, Prakash Chandra, Renewable Hybrids CEO, GE, said, “The potential for solar energy in Turkey is…
China has come up with an exclusive development in utilising solid hydrogen for electricity generation as China Southern Power Grid’s two hydrogen power stations are connected to the grid, recently. Out of the two stations, one of the stations, Nansha Smart Hydrogen Station, located in Guangzhou City, south China’s Guangdong Province,contains seven advanced solid hydrogen storage facilities.The other hydrogen power station, located in Kunming City, southwest China’s Yunnan Province, has already stored 165 kilograms of hydrogen power.Around 2.300 KW hours of electricity, during peak hours, can be supplied by this hydrogen storage and it can generate power continuously for 23…
China’s market for green hydrogen equipment (electrolyser) is estimated to be 50 billion yuan by 2028, that is expected to grow about 20 times in next five years due to the plunging costs of the clean energy source plunge, according to a CICC report. The report revealed that this will be achieved when domestic demand for the equipment will reach 40 gigawatts and green hydrogen production is likely to top 4 million tons. It pointed out further that the new method of extracting hydrogen (zero emission fuel) from water using renewable energy zero-emissions fuel is gaining momentum that will cut…
The agreement with PT PLN Batam and PR Trisurya Midtra Bersama for the development of solar energy and energy storage in Indonesia has been terminated by Singapore’s Sembcorp Industries. The Joint Development Agreement was signed in October 2021, which was aimed at developing a large scale integrated solar and energy storage project in Indonesia’s Batam, Bintan and Karimun (BBK) region. Had it been implemented, the project would have supported around 1,000 direct and indirect jobs in Indonesia and Singapore during its construction. As per the JDA,there were plans for solar power generation capability of around 1 gigawatt-peak (GWp).It was aimed…
Indonesia has the potential to install 450 MW of wind capacity between 2023-2027 , said Global Wind Energy Council (GWEC). However, there are possibilities for Indonesia to cross this capacity and could add 550 MW capacity, if deployment is accelerated and barriers are removed. Elaborating on the challenges,the Global Wind Energy Council (GWEC) said the challenges faced by Indonesia include barriers to policy frameworks, transmission infrastructure and permitting schemes. Presently, it has 150 MW of installed onshore wind capacity. It further cited the inadequate project screening in Indonesia as projects can secure offtake deals without having to show permitting, feasibility…
Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister and Coordinating Minister for National Security, at the countries’ recent leadership retreat. LONGi said that the agreement will enhance Indonesia’s ability to develop renewable energy and will promote cross-border electricity trade for mutual benefit. As a local supplier, LONGi, represented by Dennis Guo, General Manager…
UBP Energy Development has signed an MoU with Huawei Digital Power Thailand to build fully digitalized PV systems. Under the pact,, Thailand will have better access to stable clean power generation and clean power supply, using Huawei’s Smart PV technologies. The agreement is expected to pave way for advanced PV solutions for future net zero emission projects in Thailand towards the carbon neutrality 2050 road-map. Huawei Digital delves into digital and power electronics technologies and develops clean power. The agreement was signed by Thanate Poompo, Chief Executive Officer of UBP Energy Development Co., Ltd., and Logan Yu, President of Digital Power Business,…