French energy management firm GreenYellow’s subsidiary GreenYellow Vietnam has announced the completion of a 750 kWp rooftop solar power project for Vietnam’s Dong Anh Chainsaw Joint Stock Company (Dong Anh C&F). The firm disclosed that this project is the largest rooftop solar power project to date for GreenYellow Vietnam. Per the statement, the solar panels were installed on Dong Anh C&F’s factory rooftop in Dong Anh District, Hanoi, Vietnam. The firm said the project is expected to generate over 1,000,000 kWh of electricity annually, saving Dong Anh C&F approximately 1 billion VND of annual electricity expenses. Financed by GreenYellow Vietnam,…
Author: Saur News Desk
The Philippines is steadily moving towards achieving its renewable target of a 35 percent share of renewable energy (RE) in the power generation mix by 2030 and a 50 percent share by 2040. To this end, the Department of Energy (DoE) of the Philippines, following consultations with industry experts, is firming up the guidelines for issuing offshore wind energy service contracts in the next two months. DOE assistant secretary Mylene Capongcol said, “They needed to update the draft OSWESC guidelines, taking into account additional inputs from the private sector and other agencies.” “The detailed guidelines on offshore wind developments can…
Nexif Ratch Energy (Nexif Ratch Energy Investments Pte. Ltd.), a 51:49 joint venture between Nexif Energy (Singapore) and Ratch Group ( Thailand), has announced achieving financial close. With this, it would begin the construction of its 74MWp ground-mount solar photovoltaic (PV) project located in Calabanga, Camarines Sur, South Luzon, Philippines. In its statement, the firm said, “It is a significant step forward in our commitment to investment in sustainable energy in the Philippines.The Calabanga project is being implemented by our Philippines’ subsidiary, Calabanga Renewable Energy, Inc., and will sell about 85% of the generated energy through a power supply agreement…
ACWA Power, a Saudi energy firm, has signed the Engineering, Procurement, and Construction (EPC) contract with Energy China Group Corporation (CEEC) for a solar photovoltaic (PV) project in Tashkent, Uzbekistan. In March 2023, a Power Purchase Agreement for the project was signed between ACWA Power and (JSC) National Electric Grid of Uzbekistan (NEGU) and the Ministry of Investment, Industry and Trade. With this tie up, Uzbekistan will be moving towards ambitious targets to achieve a low-carbon economy as well as diversify its energy mix. The EPC contract was signed by Raad Al Saady, Vice Chairman and Managing Director of ACWA…
SolarDuck AS has joined hands with project partners, TNB Renewables Sdn Bhd (TRe) and TNB Research Sdn Bhd (TNBR), wholly owned subsidiaries of Tenaga Nasional Berhad, Hydro Extrusion Norway AS to roll out an offshore floating solar project in Malaysia. “We are extremely pleased to start our work together with TRe, TNBR and Hydro. For SolarDuck, this means that we are building a footprint in Malaysia, a country in a region with the world’s largest potential for offshore floating solar”, says Koen Burgers, CEO SolarDuck. SolarDuck will be establishing a 780kW offshore floating solar (OFS) plant. It will be set…
National Power Supply Public Company Limited( NPS) has said that the company has successfully completed the installation of the first phase of the 60 MW floating solar power plant or “Floating Solar Farm” on the well, measuring 1,200 rai, at Si Maha Phot District Prachinburi Province. Yothin Damnernchanvanit President of NPS said that it will start its operations in the fourth quarter of 2023. The firm is in the process of installing a 90 MW Floating Solar Farm Phase 2, which is expected to be completed and ready to generate electricity in the first quarter of 2024. With a total…
A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- With improvement in solar investments SEA market is expected to grow 13% to 3.8 GW this year. However, report says as most SEA nations are still gearing up their solar programmes,so there are uncertainties regarding the deployment of the plans . As per the report, as of 2022, there was a rise of 12% making the operating solar capacity in the SEA region nearly 32 GW. Despite the dip in…
The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of corporate clients across the region. The report, which presents a sneak peek of the power sector in the region for the period 2023-27, claimed that countries like Thailand, Malaysia, and the Philippines had taken several measures in this direction. It said that several power sector…
South Korea’s Samsung and Germany-based SMA, the inverter manufacturer, have tied up to interlinking their communications and to facilitate the integration of Samsung heating systems into SMA´s home energy management system. To this end, the two firms have developed an innovative cloud-to-cloud solution that allows PV systems with SMA inverters to be integrated into Samsung’s SmartThings smart home ecosystem. Thus, incorporating heat pumps into their domestic energy systems, enables them to become less dependent on rising energy prices and monitors a Samsung heat pump installed at the property. “The good thing for users is how simple it is to integrate…
Vietnam’s Deputy Prime Minister Tran Hong Ha recently held a working session with representatives from the Ministry of Industry and Trade (MoIT), the Vietnam Electricity (EVN) and a number of relevant ministries and agencies on policies to boost the installation of roof-top solar power systems in the community. This aligns with the National Power Development Plan (PDP VIII) for the 2021-2030 period, with a vision until 2050. It aims to use solar power in 50% of office buildings and 50% of residential houses for self-consumption by the year 2030. At the recent working session, participants highlighted various kinds of difficulties…