Meralco PowerGen Corp. (MGen) plans to increase its power generation portfolio by adding 1,500 megawatts (MW) of renewable energy. The company will implement this plan through its wholly owned subsidiary, MGen Renewable Energy Inc. The powercorp is based in the Philippines. MGen also announced that it will develop Atimonan One Energy, Inc. as a coal plant. The company also plans to expand the 80 MW Toledo coal-fired power plant. The company is currently evaluating and selecting the engineering, procurement, and construction (EPC) contractor for the projects. MGen has been actively pursuing renewable energy projects in recent years. In 2020, the…
Author: Lakshita Kapoor
The Philippines has begun construction on its largest single-site solar and battery energy storage facility. The Meralco Terra solar project spans 3,500 hectares across the provinces of Nueva Ecija and Bulacan, north of Manila. The project will have an installed solar panel capacity of 850 megawatts, making it one of the largest solar farms in the country. Once operational, it is expected to generate over 5 billion kilowatt-hours of electricity annually. This will contribute to the grid in Luzon Island, helping to meet the growing demand for clean and sustainable energy. The project will also reduce the country’s dependence on…
GUS Technology, a leading player in Taiwan’s lithium-ion battery sector, has signed a Technical Assistance and License Agreement with Japan’s Toshiba Corporation. The partnership aims to commercialize next-generation lithium-ion battery cells using Niobium Titanium Oxide (NTO) as the anode, delivering superior performance, enhanced safety, and cost-effective solutions. The partnership combines GUS Technology’s pouch cell manufacturing expertise and Toshiba’s advanced material science to develop innovative NTO lithium-ion batteries. Toshiba will provide technical support, positioning GUS Technology as the premier ODM manufacturer. The collaboration is further backed by Companhia Brasileira de Metalurgia e Mineração (CBMM) and Sojitz Corporation, with a shared goal…
In an effort to address overcapacity in the solar photovoltaic (PV) industry, China’s industry ministry has finalized investment guidelines for solar PV manufacturing projects. The guidelines, announced on the ministry’s website, aim to promote sustainable development and structural adjustments in the industry. According to the guidelines, companies are required to maintain a minimum capital ratio of 30% for solar PV projects. This is an increase from the previous standard of 20% for projects other than polysilicon manufacturing, which already had a 30% minimum capital ratio requirement. The ministry did not provide a definition of the capital ratio. The guidelines also…
Malaysia is expanding its renewable energy sector to reduce carbon emissions and achieve its goal of net-zero emissions by 2050. The government has implemented various policies and developed projects aimed at transitioning from fossil fuels to cleaner energy sources. These efforts align with the Malaysia Renewable Energy Roadmap (MyRER), which targets 31% renewable energy generation by 2025 and 40% by 2035. Several renewable energy projects have been completed in recent years, showcasing Malaysia’s progress. Large Scale Solar (LSS) projects, implemented in phases, have added substantial solar energy capacity to the grid. LSS1 and LSS2 were commissioned between 2016 and 2019,…
Turfan, in China’s Xinjiang Uyghur Autonomous Region, opened its first fully liquid-cooled ultra-fast electric vehicle (EV) charging station on November 18, 2024. The station is located at the Karez Folk Customs Park and is designed to support the region’s growing EV market. The station can charge up to ten EVs simultaneously. It includes two 600-kilowatt fully liquid-cooled ultra-fast charging stacks and eight 250-kilowatt fast charging stacks. The charging infrastructure supports a wide range of EV models with voltage capacities between 200 and 1,000 volts, including Tesla, XPeng, and Li Auto vehicles. The charging speed is designed for efficiency, offering the…
China-based Kibing Group is set to establish a large solar glass manufacturing plant in Kimanis, Sabah, approximately 40 kilometers from Kota Kinabalu, the state capital in Malaysia. The project, worth RM 7.2 billion (around USD 1.5 billion), was formalized with the signing of agreements between Kibing’s subsidiary, SBH Kibing Solar New Energy (M) Sdn Bhd, and two state government-linked companies. The planned facility will have an installed capacity of 25 gigawatts (GW), making it one of the largest solar glass manufacturing plants in the region. The first agreement involves a sublease between SBH Kibing Solar New Energy and Fokasrama Sdn…
Citicore Renewable Energy Corporation (CREC) has signed a contract with Trinasolar to supply two gigawatts of solar modules. This contract supports CREC’s plan to expand renewable energy production in the Philippines. CREC aims to reach a total of five gigawatts of renewable energy capacity within the next five years. Under the agreement, Trinasolar will provide CREC with its Vertex N 720W Series solar modules. These high-capacity modules will be used for new solar projects that will add two gigawatts to CREC’s renewable energy capacity. This contract builds on an existing relationship between CREC and Trinasolar. Previously, Trinasolar supplied solar modules…
Indonesia is planning to build 75 gigawatts (GW) of renewable energy over the next 15 years. The country will offer opportunities for international investors to join in. The announcement was made by Hashim Djojohadikusumo, the country’s climate envoy, during a speech at the COP29 summit in Baku, Azerbaijan. This plan is part of Indonesia’s effort to reach carbon neutrality by 2060. The country wants to reduce its reliance on coal power and shift to renewable energy like solar, hydro, geothermal, and nuclear. Currently, Indonesia’s power capacity is more than 90 GW, but more than half of it comes from coal,…
Alternergy Holdings Corporation has acquired full ownership of the Tablas Strait Offshore Wind Power Corporation from Shell Overseas Investment B.V. Through its subsidiary, Alternergy Wind Holdings Corporation (AWHC), the company now holds complete control over the development of three offshore wind projects located in the Tablas Strait, a body of water between the islands of Mindoro and Panay in the Philippines. This acquisition is part of Alternergy’s ongoing efforts to strengthen its position in the renewable energy sector. The Tablas Strait projects will contribute to the company’s goal of achieving 500 megawatts (MW) of renewable energy capacity by 2026. With…