The National University of Singapore is developing fast-charging batteries that would fully charge an electric vehicle (EV) in the time that is taken to fill up petrol at the petrol pump. These fast-charging batteries are among the key projects of a new $5 million battery innovation NUS facility which is backed by the National Research Foundation, that was officially opened on May 22. The battery is made using Niobium metal with the aim to last a full decade longer than those powering EVs today, and it may possibly outlast the vehicle itself. The NUS has come into the race of…
Author: Saur News Desk
To strengthen the ASEAN Power Grid (APG) interconnectivity and to establish itself as a RE hub in the region, Malaysian electricity firm, Tenaga Nasional Bhd (TNB) will collaborate with regional players in Vietnam and Laos. In a statement, TNB further disclosed that it had signed three memorandums of understanding (MoUs) for the expansion of its wholly owned subsidiary- TNB Power Generation Sdn Bhd (TNB Genco) and also aims to expand its new energy division into Southeast Asia. Amongst the total of three MoUs, two were signed in Vietnam. This has been signed between TNB Renewables Sdn Bhd and Saigon Gia…
Chinese EV battery Contemporary Amperex Technology Co. Ltd. (CATL), the electric vehicle battery giant, will focus on innovative solutions in solar panels to enhance its performance. CATL said in its statement that it is focusing on the R&D of perovskite cells, which is said to be the most promising methods to drive new improvements in solar panel performance. Additionally, it collaborated with JA Solar Technology Co., China’s fourth-biggest module maker, for scientific innovations, marketing and storage. CATL said, “We are building a pilot test line,” without providing any further details. With the global data indicating record number of solar panels…
In a bid to boost renewable sources for power generation, reduce carbon emissions and replace diesel power generators, Perusahaan Listrik Negara, the Indonesian state utility is seeking a $700-million investment for installing 200-megawatt (MW) solar panel. This is part of its plan to reach net zero carbon emissions by 2060. PLN has planned to have 4.68 gigawatts (GW) of solar panels installed between 2021 and 2030. Without dwelling on much details about the project’s construction timeline,the company’s director Evy Haryadi said, “The 200 MW solar panel is the first phase of a longer term plan to replace 1 GW of…
The Government of Maldives, with support from Asian Development Bank (ADB), has proposed to implement Accelerating Sustainable System Development Using Renewable Energy (ASSURE) Project which will support capital intense investments (battery energy storage, grid upgrades and Energy Management Systems) to support renewable energy development. To complement this project, the Government of Maldives is undertaking a project which will install 20 MWp solar PV systems in 20 inhabited islands of the Maldives under the Public-Private Partnership model. The last date to submit bids is August 14, 2023. The Ministry of Finance, on behalf of Ministry of Environment, Climate Change and Technology…
Southeast Asia is steadily moving towards clean energy and increasing renewable energy sources for generating power. In this effort, it is also focusing on greening value chains and shifting to more sustainable industry practices, which also includes reskilling its labour force to accept new technologies and modes. This also includes ensuring jobs to vulnerable groups. This was disclosed by ADB Southeast Asia Development Solutions (SEADS) in its report sighting solutions for just energy transition. The organisation help a steady stream of insights on new technologies, innovations, and best practices that can help countries address pressing development challenges. The report by…
UK finance institution British International Investment (BII) has revealed plans to make an investment worth US$15 million in a fund that looks at developing energy transition infrastructure for Southeast Asia. BII has set sights on investing up to £500 million ($622.3 million) in climate finance in Southeast Asia. It aims to achieve 30% of cumulative new commitments to climate finance, as shared by the U.K. embassy. Investments will be made across energy transition in renewable energy, energy efficiency, and energy storage projects. The fund will accelerate global climate mitigation goals and finance clean energy solutions, including disadvantaged areas. Southeast Asia…
The largest fertiliser manufacturer in Asia, PT Pupuk Indonesia (Persero) has signed a Memorandum of Understanding (MoU) with Japan Bank for International Corporations (JBIC), a state-owned financial institution for the development of a future clean energy ecosystem through clean ammonia and hydrogen. Vice President Director of Pupuk Indonesia, Nugroho Christijanto, said, “The company has cooperation in the development of clean ammonia with a number of Japanese companies. Because Japan is aiming to utilize clean ammonia as carbon-free fuel for its decarbonisation. Pupuk Indonesia and JBIC agreed to exchange information regarding the potential for cooperation between Pupuk Indonesia and a number…
EDP, the renewables unit of Portugal’s largest utility has plans to expand in Asian market by selling power directly to Japanese and Korean companies. Under its expansion plans, the unit, EDP Renovaveis SA (EDPR), aims to invest 21 billion euros ($23.12 billion) in renewables over the next four years, 80% in North America and Europe. However, it hopes that deals with corporates will help to break into the Asia-Pacific region. “We’re actually in negotiation and actually starting to open up to the Japanese and South Korean corporates, which can itself be a huge enabler for growth,” Pedro Vasconcelos, the Chief…
Chinese solar module manufacturer–JinkoSolar announced that has been recognized as the top performer in a rating on module reliability. The report titled ‘2023 PV Module Reliability Scorecard’ was published by PV Evolution Labs (PVEL). This was the ninth consecutive year that Jinko was declared as the top performer in this category. Jinko Solar with its major module manufacturing units in China also has business in several South Asian countries like India, Myanmar, Vietnam and others. PVEL’s 9th edition of its PV Module Reliability Scorecard featured 35 solar module manufacturers. JinkoSolar was the one of only two global manufacturers recognized as…