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Octopus Energy buys Japanese solar designer
internationally - has actually announced its financial investment in Japanese solar designer Yotsuya Capital with the objective to speed up the country's
Apr 5, 2023 // Markets & Finance News, Japan, Asia, Octopus Energy
GIG portfolio firm, Univergy set up Japanese solar JV
is called Hinode Energy KK and also will develop large-scale solar projects in Japan. It has an initial portfolio of more than 200 MW throughout the nation.
The
Jun 1, 2021 // Markets & Finance News, univergy, GIG, Green Investment Group Ltd, solar joint venture, Jose Antonio Millan
JRE Commission 44 MW Solar Energy Plant in Fukushima
Japan Renewable Energy Corporation (JRE) has announced that it has commenced commercial operation of its 44 MW Nishinosato solar energy park in
Jan 6, 2020 // Plants, Japan, Canadian Solar, Asia, Fukushima, JRE
Japan’s fourth solar auction concludes with lowest bid of $0.098/kWh
Japan’s Ministry of Economy, Trade and Industry (METI) has announced the results of the summer’s 300 MW auction for solar projects with a generation capacity of more than 500 kW.
The ministry said it had initially accepted 146 project proposals with a combined capacity of 589.9 MW for review before procuring 63 projects with a total installed capacity of 195.8 MW.
The lowest price for solar energy generated by a successful project was ¥10.50/kWh ($0.0988) and the highest ¥13.99 for an average price of ¥12.98. METI had set a ceiling price of ¥14/kWh, ¥1 less that the final average price of ¥15.01 posted in the previous auction, held in January. The earlier round, for projects of the same size, also allocated less than the 300 MW of capacity originally intended, settling on 196.6 MW of new projects.
Few big facilities
Successful projects in the latest tender included only four with more than 2 MW capacity, the larger facilities ranging in size from 20-35 MW. The remaining projects were all small solar parks. Japanese infrastructure company Japan Asia Group was among the successful developers, along with Toyota Motor Corporation; the First Solar Japan unit of the U.S. module manufacturer; and Ciel et Terre Japan, the local subsidiary of the French floating PV specialist.
As a result of the lower-than-expected assigned capacity, METI will allocate 416.1 MW in the next solar auction, which will be held in the October-to-April first half of the Japanese fiscal year. That fifth procurement round was originally planned to procure 300 MW of new solar.
Prices slowly falling
Having fallen steeply from the level seen in Japan’s first two solar auctions, the solar energy price declined only marginally in the latest tender and still sits well above PV power prices recorded in several other markets. In the first procurement round held in Japan the final average price came in at ¥19.6/kWh, and in the second ¥16.47.
Sep 3, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, USA, First Solar, tender, North America, METI, Toyota Motor Corporation, Japan Asia Group, Ciel et Terre Japan
Japanese companies strike Australian green hydrogen deal
Japan-based Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power and Marubeni Corporation have signed a MoU to discover large scale green hydrogen generation in Australia.
The agreement with two energy facilities companies headquartered in Australia, Stanwell Corporation as well as APT Management Services Pty, to jointly carry out an usefulness research study of the Central Queensland Hydrogen Project (CQ- H2).
This project will produce hydrogen on a large scale making use of renewable resource, melt it at the Port of Gladstone, Queensland, Australia, and afterwards export the liquefied hydrogen to Japan.
Given that hydrogen is extensively expected to be an indispensable energy source for the awareness of a zero-carbon society, the production of a hydrogen supply chain, that includes transportation from overseas, is considered crucial.
However, because the currently developed hydrogen production innovation using fossil fuels discharges CO2 during the production procedure, in order to attain a zero-carbon culture, it is necessary to establish CO2-free hydrogen manufacturing in combination with CO2 capture as well as storage modern technology and using renewable energy.
Considering that the competitors for the procurement of CO2-free hydrogen sources has actually increased worldwide, it is very important to protect an inexpensive power supply from renewable energy resources and export ports.
Against this backdrop, the Queensland government has been promoting the energy shift from nonrenewable fuel sources to renewable resource as well as hydrogen.
In addition, Queensland has an extremely high potential for renewable energy, considering that the location experiences beneficial weather for greater than 300 days a year.
Stanwell, an electric power corporation possessed by the Queensland federal government, also plays a vital duty in attaining this energy transition goal.
As such, from 2019 to 2020 Iwatani and also Stanwell performed a concept research study of the manufacturing of green dissolved hydrogen as well as its export to Japan.
Based upon the findings of the study, the 6 Japanese and also Australian business consented to totally execute a feasibility study to check out the industrial viability of the project.
The system intends to produce and supply low-priced hydrogen dependably over the long-lasting and also has established objectives of creating at the very least 100 tonnes of hydrogen daily around 2026, as well as 800 tonnes of hydrogen daily from 2031.
Currently, the production volume of melted hydrogen in Japan is 30 tonnes daily optimum, implying that the target production quantity of 800 tonnes each day from 2031 is about 26 times as high as the present manufacturing quantity in Japan.
Making use of the Aldoga website (235 hectares), a hydrogen manufacturing base secured by Stanwell in the Gladstone region, will certainly be taken into consideration for the project, and also a site of about 100 hectares in Fisherman's Touchdown is to be gotten as a hydrogen liquefaction and also packing base.
The project will also take into consideration providing green hydrogen, not only for export to Japan, yet additionally to meet neighborhood need.
The feasibility study will certainly concentrate on assessments of production modern technology mainly for green hydrogen, the building of hydrogen liquefaction plants as well as melted hydrogen carriers, connected financing and also ecological assessments, and also commercialisation designs.
Through the tasks of the project, all 6 firms will make every effort to produce a bilateral large- scale hydrogen supply chain promoted by the Japanese as well as Australian governments as well as thereby add to the realisation of a zero-carbon society.
Sep 15, 2021 // Storage, Solar to Fuel, Japan, Australia, Asia, Marubeni, Oceania, green hydrogen, KANSAI
Tokyo Gas Lights Up 22MW Solar Plant
has switched on a 21.9-MW solar farm in Tochigi prefecture, eastern Japan. The Ichikai Solar Power Plant covers an area of approximately 47 hectares and
Aug 1, 2023 // Plants, Large-Scale, Commercial, Tokyo Gas, PV Power Plant
Sonnedix shuts buy of 55-MW Japanese solar plant
of a feed-in tariff (FiT) up until August 2037.
This year alone, Sonnedix Japan KK has increased its operating portfolio by almost 200 MW, according to
Dec 29, 2020 // Plants, Large-Scale, Markets & Finance News, Japan, Sonnedix, Asia, Solar Power Plant
Nobel-Winning Battery Leader Suggests Letting EVs Power the Grid to Go Green
touch their batteries when parked will certainly be essential for nations like Japan to add more tidy energy, according to a Nobel Prize-winning designer of
Dec 14, 2021 // Technology, Storage, Japan, Asia, Akira Yoshino, EV
Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for around $46.6 Mn
solar energy manufacturer's last sale of a non-core solar property beyond Japan.
Etrion has as well as runs solar parks in Japan, consisting of 4
May 18, 2020 // Markets & Finance News, Innergex, Michel Letellier, PV Power Plant, International, Etrion, Marco Antonio Northland
X-ELIO solar project secures Japanese support contract
has been secured a support contract for 15MW of solar in the Japanese governement's first Feed-in-Premium (FIP) auction held by the Ministry of Economy as
Aug 3, 2022 // Markets & Finance News, Japan, Asia, x-elio, Toshiaki Isoi
Tokyo government to introduce research on perovskite solar cells
also walls as well as other places.
According to the Tokyo government, Japan make up around 30% of the globe's iodine manufacturing. While solar panels are
Jan 3, 2023 // Technology, solar cells, perovskite, Tokyo
Total Commissions 51MW Japanese Solar Power Plant
recently commissioned a 51MW solar power plant located in Tsu, Mie Prefecture, Japan. The plant, which is connected to the power grid, will supply its electricity
Feb 2, 2023 // Plants, Large-Scale, Commercial, Japan, Asia, PV Power Plant, TotalEnergies
STI Norland expects 1.2GW of contracted mounting systems orders in 2019
Spain and France, while establishing itself in other strategic markets such as Japan or India.
STI Norland noted that it had more than 700MW of projects
Sep 8, 2019 // Plants, Large-Scale, Commercial, Japan, Spain, France, India, pv power plants, Europe, Asia, Mexico, North America, sti norland, pv trackers, pv mounting systems
Octopus Energy commits to GBP-1.5 bn Asia-Pacific investment
as well as wind generation, with fifty percent of the sum predestined for Japanese renewables. Another GBP 300 million will certainly be invested to broaden
May 22, 2023 // Markets & Finance News, Octopus Energy
Amp Energy closes US$ 350m credit facility to go after renewables, energy storage space pipeline
the financing to focus at first on assets in the United States, Australia and Japan which are at the construction stage, while projects in further markets will be
Jan 24, 2022 // Markets & Finance News, USA, Japan, Australia, Asia, Oceania, North America, brookfield asset management, AMP Energy, nomura