Philippines needs an additional 152TWh of renewable generation by 2050 compared with the current policy projection based on the draft Philippine Energy Plan 2023’s clean energy scenarios, as per the non-government report. The Center for Energy, Ecology, and Development (CEED) said the country has an abundance of renewable energy potential which is around 1,200 GW. “The analysis focused on solar rooftop, open-field solar and onshore, offshore wind energy – excluding areas of high biodiversity and protected areas,” said the statement. It also projected that coal-fired power could be phased out of the power sector by 2035, and gas almost entirely phased…
Author: Rashida
Malaysian based firm JLand Group (JLG), Johor Corporation’s real estate firm, and Cenergi SEA Berhad, a subsidiary of UEM Group, have signed a pact to invest US$29m (RM 140m) to install rooftop solar and energy efficiency to power Johor industrial parks. The firm said that with this joint venture, commercial and industrial consumers in 11,069-acre JLG industrial parks in Johor will get the benefit. The two firms will undertake investments, installations, operations, and maintenance of rooftop solar and energy efficiency solutions, said the statement. “The first phase of the investments is expected to contribute about 13,000 MWh green electricity generation…
In a notable achievement for green mobility in Bangladesh, Battery Swapping Network Tiger New Energy, has closed a groundbreaking USD 2.5 million seed funding round.. In its statement it said that Wavemaker Partners, a Southeast Asian venture capital firm with a strong track record of backing sustainable and innovative startups, led the round, and is followed by international and local investors. “At a time when luxury brands worldwide are just starting to embrace the electric vehicle revolution, Bangladesh has been leading with an innovative approach. Every day, 2.5 million electric vehicles traverse the nation’s streets. But these are not typical…
Chinese firm, Huasun Energy and Thai EPC Grow Energy have signed a framework agreement for the supply of 150MW of heterojunction (HJT) modules. As per the agreement, some of these will be deployed at a floating project in Bangkok. Director of Overseas Sales and Project Development at Huasun, Jacky Chan and Grow General Manager Suttirote signed the memorandum of understanding (MoU) on behalf of the two parties. Under the pact, Huasun Energy will supply 150MW of its cutting-edge HJT modules for floating PV systems, ground power stations and commercial distributed projects in Thailand. “The projects will exclusively utilise Huasun’s independently…
Senoko Energy, a Singapore based electric utility firm and retailer, introduced SolarShare 2.0, the first-ever commercially available peer-to-peer grid-scale solar energy trading platform in Singapore. As per the firm, the revolutionary platform is designed as a marketplace where businesses and households will be able to purchase and promote their own solar energy resources at a negotiated price, aiming for solar power to be affordable. Senoko customers can buy the amount of energy required for their generators from an array of sources on the platform. Dwelling on the features, the firm said, one of its main features is the components that…