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Norwegian tech for Korea's gigantic floating solar complex
floating PV expert Ocean Sun as well as south korean technology company EN Technologies have actually authorized an arrangement to develop the pilot projects of
Jul 16, 2020 // Plants, Large-Scale, Commercial, Floating PV, South Korea, floating PV, Asia, EN Technologies, Ocean Sun, Børge Bjørneklett
South Australia thumbs-ups 225MW battery
Construction of Maoneng's Gould Creek project anticipated to start late next year
Nov 1, 2021 // Storage, Australia, Oceania, Morris Zhou, Stephen Patterson
BlackRock Alternatives invests a lot more in Korean solar developer BEP
assist it get and also understand a portfolio of small-scale solar projects in south korea. The entire portfolio is expected to include more than 500 MW of power
Dec 28, 2022 // Markets & Finance News, Asia, Korea, BlackRock Alternatives, BEP
Amp Powers Up 150MW South Australia Battery
Amp Energy's groundbreaking agreement with ElectraNet for a 150-MW/300-MWh BESS in South Australia marks the start of the Renewable Energy Hub of South Australia with 636-MW Robertstown, 336-MW Bungama, and 388-MW Yoorndoo Ilga Solar PV projects, 540 MW of batteries, a hydrogen production facility, and an aboriginal cultural heritage agreement. Total project cost AUD-2 billion.
Sep 6, 2023 // Storage, South Australia, AMP Energy
Samsung sets objective to obtain 100% clean power by 2050
south korea-based Samsung is a leading producer of computer memory chips and also smart devices and the second biggest energy customer behind Walmart amongst numerous worldwide companies that have actually joined the "RE100" project to obtain 100% of electrical power from renewable sources like wind or solar energy. In introducing its target Thursday the company stated it intends to achieve net zero carbon emissions throughout its smart phone, television and also customer electronics divisions by 2030, and also throughout all global operations consisting of semiconductors by 2050. It intends to spend 7 trillion won ($ 5 billion) with 2030 on projects focused on reducing emissions from procedure gases, managing as well as recycling digital waste, saving water as well as decreasing toxins. It plans to create new modern technologies to lower power usage in customer electronics tools and also data facilities, which would require much more efficient memory chips. It additionally will certainly set long-lasting objectives to reduce emissions in supply chains as well as logistics. " Samsung is replying to the dangers of climate modification with a thorough plan that consists of reducing emissions, new sustainability methods as well as the development of innovative technologies and products that are better for our planet," Jong-Hee Han, the company's CEO, stated in an emailed declaration. Samsung's plan drew praise from several of its investors, including Dutch pension fund manager APG, which claimed the company can potentially make a "considerable payment" in cleaning up south korea's power market, considering its effect and also impact on the national economic situation. Sam Kimmins, supervisor of power and head of RE100 at the London-based Climate Group, which leads the clean electricity effort, stated Samsung's commitment would send a message to others in the market that "it is possible, and also critical, to switch over to 100% renewable electricity." APG shared worry, however, that Samsung's announcement comes with a time when south korea has been dialing back on its climate change goals. The traditional government of President Yoon Suk Yeol, that took workplace in May, has actually concentrated much of its energy policy on promoting nuclear-generated power. Desperate to enhance a weak economic situation, Yoon's government has actually also shown reluctance to sharply lower the country's dependancy on coal and also gas, which produce concerning 65% of south korea's power. south korea obtained 7.5% of its power from renewable sources in 2021, substantially lower than the 30% average amongst rich nations making up the Organization for Economic Cooperation as well as Development. Yoon's federal government lately changed the nation's renewable energy target to 21% of the total power mix by 2030, softening the 30% target announced by his liberal precursor, Moon Jae-in. Samsung acknowledged it would have a more difficult time converting to renewable electrical energy resources in the house than at its foreign procedures, where it aims to get to 100% clean power by 2027. It stated renewable energy products in south korea "have started to expand however remain restricted," while its electricity needs remain to climb as it improves manufacturing at its residential semiconductor lines to fulfill global needs. "As a lasting financier in Korea, we are worried about exactly how the federal government intends to reconcile the sector's determined requirement for clean electrical power to stay appropriate in the future," Yoo-Kyung Park, APG's Asia Pacific head of liable financial investment and governance, stated in a declaration. Samsung, south korea's largest company, had encountered growing pressure to do more to reduce its carbon emissions as it hung back a few of its peers in climate commitments. Those companies include Apple, a major purchaser of Samsung's chips, which joined RE100 in 2016 and prepares to be carbon neutral across its whole company as well as manufacturing supply chains by 2030, putting the pressure on its distributors to meet those demands. Samsung is the crown jewel of an export-reliant economic situation driven by manufacturing of semiconductors, cars and trucks, present panels, mobile phones and also ships, industries that have a tendency to have high energy intake. Samsung made use of 25.8 terawatt hrs of electricity for its operations last year, which was almost twice the quantity consumed by all homes in the south korean funding of Seoul as well as more than other global modern technology giants like Google, Apple, Meta, Intel, and Taiwan Semiconductor Manufacturing Company. Samsung's welcome of clean electrical power can have significant supply chain effects, pressing various other companies to boost their renewable energy materials, claimed Ousam Jin from the Seoul-based Corporate Renewable Energy Foundation. "A lot of meaningfully, Samsung's RE100 commitment sends a solid signal to the renewable energy market and also policymakers to enhance the supply of renewable energy considering the company's massive electricity usage," Jin claimed.
Sep 16, 2022 // Markets & Finance News, South Korea, Asia, samsung
ABO Wind offers 200MW South Africa solar
Buyer SOLA Group has actually already executed a PPA for the sites with mine driver Tronox
Sep 15, 2022 // Markets & Finance News, Africa, South Africa, ABO Wind, Robert Wagener
Kenhardt: 540MW Solar+Battery Illuminating South Africa
Scatec switches on 540-MW solar & battery project in South Africa -- a groundbreaking milestone in energy production, providing 150 MW of dispatchable power each day.
Dec 12, 2023 // Storage, Scatec, Africa, South Africa
LG Energy Solution's $10.7 Billion IPO And Also Its Probable Impact
effective completion of LG Energy Solutions's $ 10.8 billion IPO in south korea values the battery maker at about $59 billion makes it the 3rd largest noted company
Jan 21, 2022 // Markets & Finance News, Storage, IPO, Panasonic, CATL, Samsung SDI, QuantumScape, LG Energy Solution, SK Innovation, sodium ion, solid state batteries
Mondragon Assembly licences ‘continuous stringing’ IP to Korean equipment supplier
STIN would be able to deliver this solution to all PV module manufacturers in south
Sep 4, 2019 // Manufacturing News, South Korea, c-si manufacturing, Asia, solar cell, mondragon
Researchers in Korea Increase Effectiveness of Environment-friendly H2 Production
Scientists develop a catalyst that can make it possible for business on-site production of hydrogen from water splitting, a video game changer in eco-friendly power. Having utilized fossil fuels for over a century for nearly every little thing, humanity has triggered an environment dilemma. Now, the regulation is to achieve net no emissions or carbon nonpartisanship by 2050.
Sep 1, 2021 // Technology, Solar to Fuel, Asia, Korea, green hydrogen, electrolysis, Pusan National University, Kandasamy Prabakar
Hanwha departures solar-grade polysilicon organisation
south korean polysilicon manufacturer's have actually been affected by high-electricity rates contrasted to Chinese competitors and also a huge development of high-purity capability that has actually caused typical market price going down listed below US$ 10/kg, listed below polysilicon manufacturing expenses in south korea. To finish loss production, Hanwha Solutions is folding polysilicon manufacturing of at the very least 15,000 MT per year. Hanwha Chemical initially began generating solar-grade polysilicon in 2013 to sustain its PV wafer, cell, module procedures in China. PV Tech has actually additionally reported that bigger competitor, Wacker Chemie is to go through significant restructuring of its procedures taking into account significant losses in its polysilicon department in 2019.
Feb 21, 2020 // Manufacturing News, South Korea, China, polysilicon, c-si manufacturing, wacker chemie, Asia, Hanwha, oci chemical
Neoen puts forward gargantuan triple hybrid for South Australia
French developer Neoen wants to build an energy superpark in South Australia that comprises 1.2GW of wind, 600MW of solar and 800MW of battery storage capacity.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Solar to Fuel, Australia, neoen, hybrid park, hydrogen, solar-plus-wind-plus-storage, Oceania, interconnection, new south wales, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Qcells to spend USD 100m as part of race for perovskite tandem cells
will certainly build the pilot line at its Jincheon manufacturing facility in south korea, with the start of procedures targeted by late 2024 and also tandem cell
May 18, 2023 // Manufacturing News, Markets & Finance News, solar cells, perovskite, Qcells
Magnora increases South African renewables portfolio with developer purchase
Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).
Feb 16, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, South Africa, m&a, magnora
South Sinai Governor opens solar energy station
South Sinai Governor Khaled Fouda, Chairman of the Canal Company for Electricity Distribution Mohammed al-Sayed, and the French Electricity Company Schneider Electric cooperatively opened on Sunday a solar energy station in Abou Gharaged village of the city of Abou Redis in South Sinai. The station will provide all-day electricity to the village’s residents.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Transport, Jinko Solar, Schneider Electric, Sinai, Khaled Fouda, INTRO Solar, Sherif Abdel Fattah