Asia
McDonald's India Powers Up Delhi with Solar Plant
McDonald's India (North & East) has commissioned Delhi's largest solar power plant in Najafgarh with a capacity of 3.2MW. It is expected to reduce CO2 emissions by 3,822 tonnes annually and promote biofuel & biodiesel for ecological sustainability.
Jul 7, 2023 // Plants, India, Asia, PV Power Plant, McDonald's
First Solar Bags $1BN to Fuel Growth
First Solar Inc. secures USD 1 billion revolving credit facility from JP Morgan Chase Bank to finance expansion in India, Alabama, and Ohio. Facility enables company to open 3.4-GW DC production facility and R&D center, aiming to have over 20 GW DC of factories in 2026.
Jul 7, 2023 // Markets & Finance News, USA, Alabama, India, First Solar, Asia, North America, Ohio, JP Morgan Chase Bank
Sinopec's Giant: World's Largest Solar-to-Hydrogen Plant
Sinopec is leading the way in renewable energy with a new hydrogen production facility in Kuqa, China, committed to reducing carbon emissions by 15% by 2030 and reducing 100,000 tons of emissions per year. Be part of the future with Sinopec!
Jul 6, 2023 // Plants, Large-Scale, Solar to Fuel, China, Asia, hydrogen, Sinopec
CNOOC Connects Grazing Animals to 40MW Solar Grid
CNOOC has connected to the grid its 40-MW onshore PV project located in the city of Hezuo, China. This unique project follows an "Animal Husbandry-solar Complementary Project" model, with a 6-MW/12-MWh energy storage system and racks to allow animal grazing. It is helping CNOOC achieve its green and low-carbon transition goals and supporting local development.
Jul 6, 2023 // Plants, Grids, China, Asia, PV Power Plant, CNOOC
Arctech Solar Lands 11.4MW Order in Israeli Market
Arctech Solar Holding Co Ltd has signed an 11.457-MW order with Israeli telecommunications and energy firm Nextcom Ltd to deliver its SkyLine II solar tracking system to Israel. This marks Arctech's first entry to the Israeli market. Experience 607-MW IBRI II project in Oman & 2.1-GW Al Dhafra PV2 project in Abu Dhabi. Nextcom has a ILS-41-million contract for 3 solar-plus-storage projects across 2 sites in Israel.
Jul 5, 2023 // Markets & Finance News, Asia, Israel, arctech solar, Solar Tracker
Shenzhen S.C. Invests in Perovskite Solar Cell Tech
Shenzhen S.C. is investing up to 961 million RMB (USD$134 million) in the manufacture of equipment for perovskite and perovskite tandem solar cells. This strategic investment is set to take advantage of the potential of the technology and enhance the company's position in the PV market. The project will focus on setting up production facilities in Jiangsu province, China, with an annual capacity of 160 PVD, 119 RPC, and 60 VEC equipment.
Jul 5, 2023 // Technology, Markets & Finance News, China, Asia, solar cell, perovskite, Shenzhen S.C.
UAE's $54B Renewable Push for Net Zero
UAE announces ambitious $54 billion investment in renewable energy sources such as hydrogen to achieve net zero emissions by 2050, in addition to appointing a new investment minister and establishing a financial stability council.
Jul 4, 2023 // Markets & Finance News, Asia, UAE
Trina Solar Sets Record 65GW 210mm Module Shipments
Experience increased production capacity with the opening of a new high-tech facility in 2021. The new plant will offer 10 GW cell production, 15 GW module production and 8 GW monocrystalline bar production.
Jul 3, 2023 // Manufacturing News, Markets & Finance News, China, Asia, Trina Solar
GM Acquires Algolion to Spot EV Battery Fires
General Motors acquires Algolion, an Israel-based software startup developing software that can detect potential hazards in battery cells. Algolion's software uses data-streams to identify abnormalities in cell performance, and GM has created a new organization to lead the acquisition and scout out emerging battery technology.
Jul 3, 2023 // Transport, Asia, Israel, General Motors, Algolion
Avaada Closes $1.3B Round for Green Energy Push
Avaada Energy has closed a USD 1.3bn funding round, the largest equity raise for a green energy firm in Asia. Canada's Brookfield Asset Management and Thai power company Global Power Synergy have invested significantly, to be used for green hydrogen, green methanol, green ammonia projects and more. Recent tenders won by the firm amount to 1.8 GW. Sustainable future ahead with Avaada.
Jun 30, 2023 // Markets & Finance News, India, Avaada Energy, Asia
NEOM's Vision for Renewable Energy: Assystem to Survey 7 Saudi Solar Sites
Assystem has been appointed by NEOM to conduct pre-development studies for seven potential solar photovoltaic parks in Saudi Arabia, potentially producing 20GW of energy across 420 square kilometers. Assystem will provide site assessment, environmental impact, permitting reports and more for this renewable energy project.
Jun 28, 2023 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant, Neom, ENOWA
World's Largest Hybrid Hydro-Solar Plant: Kela Power Station
China has started the world's largest hydro-solar power project in Sichuan province: the 10,000 MW Kela Photovoltaic Power Station, aiming to provide clean energy to the Sichuan-Chongqing region. China is pushing ahead with its clean energy plans, developing 100 GW of wind and solar energy in Western China and manufacturing equipment locally.
Jun 27, 2023 // Plants, Large-Scale, Commercial, China, Asia, Hydro plus solar, Kela Photovoltaic Power Station, Pumped Storage
"Miracle" Solar Panels Launching in China
Revolutionizing solar power: Chinese startup to begin production of ultra-efficient solar panels made from perovskite – 50% greater efficiency at half the cost – capable of retaining over 90% after 600 hours of operation. Ideal for building-integrated and space-based applications.
Jun 20, 2023 // Manufacturing News, China, Asia, solar panel, perovskite
Singapore's Solar Surge: Volatile Prices Fuel Demand
Discover how Singapore is overcoming its volatile electricity prices and lack of space for traditional renewables by embracing solar energy. Learn how residential rooftop solar installers are responding to rising energy bills and climate impact, and how solar now contributes to Singapore's energy mix.
Jun 20, 2023 // Markets & Finance News, Asia, Singapore
Floating Solar: Malaysia Taps Into Offshore Potential
SolarDuck, TNB Renewables and TNB Research are partnering to construct a 780-kW OFS research facility off the coast of Tioman Island in Malaysia. Their goal is to evaluate the feasibility of net zero emissions while providing a reliable and cost competitive energy supply. Hydro's aluminium profiles will be used for the project, with completion targeted for 2025.
Jun 20, 2023 // Plants, Floating PV, Malaysia, Asia, SOLARDUCK
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