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Global Landscape of Renewable Resource Money 2020
While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.
Nov 18, 2020 // Market Research
ADB to support eastern Indonesia with $600 million to broaden access to electricity including solar
The Asian Development Bank (ADB) has authorized a $600 million financing to aid the State Electricity Corporation (PLN), Indonesia's state-owned power firm, expand power access and also advertise renewable energy in eastern Indonesia. The program additionally includes 2 gives, at $3 million each, from the Japan Fund for Poverty Reduction and also the Asia Clean Energy Fund.
Nov 25, 2020 // Markets & Finance News, ADB, Asia, Asian Development Bank, Toru Kubo
Renewable-powered hydrogen for Oman
Belgian designer DEME is preparing approximately 500 MW of hydrogen manufacturing capability at the port of Dumq, which is abundant in solar as well as wind power sources. The designer prepares to deliver hydrogen from the port to Europe.
Mar 5, 2020 // Storage, Solar to Fuel, Europe, Asia, hydrogen, Oman, DEME
Yellow Door Energy raised $31.2 million to develop distributed PV projects in Jordan
UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.
Feb 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, EBRD, Europe, Asia, pv projects, UAE, Yellow Door Energy, DEG
PACE's initial UK solar farm Three Bridges gets planning consent
Pathfinder Clean Power (PACE) has been granted planning consent for its Three Bridges solar farm.
Feb 17, 2021 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, PACE, Pathfinder Clean Energy, Alex Ros, Rob Denman
German AE Solar to open solar panel factory in Turkey in April
In partnership with Energate Corp., AE Solar set up the launch of manufacturing at its manufacturing facility in Kayseri in Turkey for April. The German company means to bring the annual output of solar modules in the center up to 1 GW by the end of the year.
Feb 18, 2021 // Manufacturing News, Germany, Europe, Asia, Turkey, AE Solar
Therma Marine agreements Wärtsilä for floating power storage system
Power generation holding business Therma Marine (TMI) has actually ordered a flexible floating barge-mounted energy storage space system from Finnish power and aquatic industry company Wärtsilä.
Mar 10, 2021 // Storage, Floating PV, floating PV, Asia, Philippines, Wärtsilä, Kari Punnonen, Gridsolv Max, Therma Marine, Aboitiz Power
Masdar wins Uzbekistan’s 100 MW PV tender with lowest bid of $0.027/kWh
Uzbek utility Uzbekenergo had received 23 offers for the 100 MW tendered solar plant. Two more solar tenders, with capacities of 400 MW and 500 MW, respectively, will be launched in the near future.
Oct 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, tender, Asia, Uzbekistan, large-scale pv, International Financial Corp.
Lightsource BP makes maiden foray into Spanish solar market with 300MW acquisition
Lightsource BP has announced its entry into the Spanish solar market with the acquisition of a 300MW project portfolio in Zaragoza.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, solar pv, Lightsource BP, Europe, utility-scale, Nick Boyle
Indonesia goes solar to power airport at future capital
A subsidiary of French power giant Total has signed a contract to supply rooftop PV to an airport in East Kalimantan province, which will be Indonesia's first airport to go solar and will cater for Indonesia's future capital in Borneo.
Nov 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Total, rooftop PV, Indonesia, sorsea, Gavin Adda
Crop yield rises with solar-powered irrigation
PV systems have helped farmers in the Philippines become less dependent on rain. Projects in Camarines Sur have shown pumping water with solar is not only cheap but can also raise rice yield.
Jan 21, 2020 // Solar, Asia, Philippines, agro, solar-powered irrigation, irrigation
Keventer Agro Claims Solid Efficiency For Its Roof Solar Plant
Kolkata based food and dairy products major, Keventer Agro, which retails costs dairy items, reports a strong performance from its roof solar plant, among the largest in East India.
Jun 7, 2021 // Rooftop PV, India, Asia, rooftop solar, Vikram Solar, Keventer Agro, mayank jalan, solar offset
Construction starts on 145MW Indonesia floating PV
Project is being installed on the Cirata storage tank in West Java as well as is due online in late 2022
Aug 3, 2021 // Plants, Floating PV, Masdar, floating PV, Asia, Indonesia, Bahlil Lahadalia, Amir Faisal
'Ceaseless' polysilicon price rises in China as production drops below forecasts
Polysilicon prices have actually continued to climb up in China in the middle of limited supply as suppliers are hit by power rationing.
Jun 24, 2022 // Manufacturing News, Markets & Finance News, manufacturing, China, polysilicon, Asia, BloombergNEF, PV InfoLink, upstream, supply chain, bernreuter research, materials, pricing
UAE To Invest in 300 MW Hybrid Project as Part of $2 Billion Investment in India
Under the structure of the four-nation grouping 'I2U2 ′ (India, Israel, USA and UAE), the United Arab Emirates will certainly make a financial investment worth $2 billion to develop a collection of integrated food parks throughout India.
Jul 19, 2022 // Markets & Finance News, Asia, United Arab Emirates, investment, gujarat, narendra modi, Battery Energy Storage System, hybrid Renewable Energy project