Experts are urging Vietnam to develop Battery Energy Storage Systems as the country accelerates towards renewable energy sources to guarantee energy security and sustainable development. “The institute under the Ministry of Industry and Trade proposed that Battery Energy Storage Systems would be essential for integrating renewable energy into both power generators and the national grid,” says Institute of Energy under the Industry and Trade ministry. Vietnam’s eighth National Power Development Plan (PDP8) is also upbeat on energy storage and aims at 2,700 MW of energy storage capacity by the end of 2030, of which it envisions 2,400MW from pumped-storage hydropower…
Author: Lakshita Kapoor
The Laos government signed a concession agreement with CGN Laos Taven Power Sole Co., Ltd. for the construction of Phase I of a 1,000 megawatt (MW) solar farm in the northern districts of Xay and Namor, Oudomxay province. This project is a step in advancing renewable energy efforts for both Laos and China. The solar farm, located near the Laos-China border, aligns with Laos’s goal to increase renewable energy consumption to 30 percent by 2025. This initiative is part of the broader Northern Clean Energy Connection project, which aims to bolster energy security and support Laos’s renewable energy development plan.…
On September 14, Indonesia launched its first electric vehicle (EV) battery factory at the Neo Energy Morowali Industrial Estate in Central Sulawesi. This new facility marks a step in the country’s commitment to renewable energy, as it will operate entirely on green power. The inauguration was attended by Coordinating Minister for Economic Affairs, Airlangga Hartarto, who highlighted the factory’s role in advancing Indonesia’s economic strategy. He explained that the factory is part of a broader downstream policy aimed at enhancing national economic competitiveness and promoting environmentally friendly technology. Hartarto emphasized the success of Indonesia’s nickel processing industry, noting that the…
China’s Envision Group is set to step up the renewable energy sector with a new $1 billion investment in Spain. On Tuesday, Spain announced that it has signed a deal with Envision Group to build a cutting-edge factory dedicated to producing machinery essential for green hydrogen production. This factory will manufacture electrolysers, the equipment required to separate hydrogen from water using renewable energy. The factory’s construction is scheduled to begin by June 2026, with Envision financing the project through private partners. This move is part of Envision’s broader strategy to invest in green hydrogen production and related industries, including fertilisers…
Namibia is making strides in renewable energy with a new solar power project. The state-owned utility, NamPower, has signed a major contract with a Chinese joint venture for a 100-megawatt solar power plant at Rosh Pinah. The joint venture includes China Jiangxi International Economic and Technical Cooperation Co., Ltd. and China New Energy Development (Zhejiang) Co., Ltd. The deal is worth over 1.4 billion Namibian dollars, which is about 78 million U.S. dollars. This project highlights the significance of renewable power and sustainability in Namibia. It aims to improve the country’s electricity security and push forth its sustainability goals. Kahenge…
Singapore is set to import 1.4 gigawatts (GW) of electricity from two new solar power projects in Indonesia, according to Senior Minister Teo Chee Hean. This move is part of Singapore’s strategy to boost its low-carbon energy supply. The new agreement adds to an earlier deal for 2 GW of solar power from Indonesia. The projects will deliver clean electricity generated by solar panels and battery storage systems. This deal helps Indonesia transition from being a coal and natural gas exporter to a renewable energy exporter. Indonesian Senior Minister Luhut Pandjaitan highlighted that this collaboration is a key step in…
Solarvest Holdings Berhad, Malaysia’s largest clean energy firm, has secured a RM113 million Engineering, Procurement, Construction, and Commissioning (EPCC) contract from P Solar Sdn Bhd. This deal is part of the Corporate Green Power Programme (CGPP). The contract involves developing a 45-megawatt peak (MWp) solar farm in Mukim Pekan, Pahang. Once completed by the end of 2025, the solar farm will generate approximately 57,500 megawatt-hours (MWh) of clean energy each year. This output will help offset around 36,800 tonnes of CO2 emissions annually. The solar farm will cover 88 acres of repurposed coastal land. It will feature monsoon-resistant design elements…
Hygreen Energy, a leading global manufacturer of electrolyzers and hydrogen technology, is set to make a significant mark on Europe’s renewable energy landscape with its latest expansion plans. The company will invest over 2 billion euros in Spain, focusing on establishing a new electrolyzer manufacturing plant, advancing its technology, and developing large-scale green hydrogen production facilities. The centerpiece of Hygreen’s expansion is a new electrolyzer production factory in Malaga. This facility will initially produce 5-megawatt electrolyzers, which meet European standards and have the potential to scale up to 5 gigawatts, depending on market demand. These electrolyzers are essential for splitting…
French oil giant TotalEnergies and India’s Adani Green Energy are moving ahead with their new joint venture. On Monday, Adani Green’s board approved a deal where TotalEnergies will invest $444 million. This investment is a jump from the $300 million previously announced in September 2023. The deal will give TotalEnergies direct ownership of wind and solar farms managed by Adani Green in India. TotalEnergies is a major player in the global oil and gas industry. Based in Paris, the company is focusing on expanding its renewable energy portfolio. TotalEnergies aims to have 45 gigawatts of renewable energy capacity by 2030.…
South Korea is enhancing its clean energy efforts through a new agreement with Western Australia. On Monday, Trade Minister Cheong In-kyo and Western Australian Premier Roger Cook signed a memorandum of understanding (MoU) in Perth. This event marked the 10th anniversary of their bilateral free trade agreement (FTA). The MoU focuses on expanding cooperation in the clean energy sector and the supply chain for essential minerals. South Korea’s Ministry of Trade, Industry, and Energy highlighted the importance of this deal. Western Australia is rich in critical minerals and has significant solar and wind resources, making it a key partner in…