India has signed a Memorandum of Understanding (MoU) with Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council (IMT-GT JBC), Malaysia to further promote the adoption of energy efficiency and sustainable practices in the region. Energy Efficiency Services Limited (EESL), a Public Sector Undertakings under the Ministry of Power, signed the (MoU) with the IMT-GT JBC Malaysia during the India Energy Week celebrations. The statement released by the government said that as part of this strategic partnership, EESL will provide technical advisory, project management support, contracting and implementation support to execute select energy efficiency programmes. EESL will implement Rooftop Solar, LED Street Light Project,…
Author: Saur News Desk
France-based multi-energy firm, TotalEnergies, has set into motion he commercial operations of its fourth solar power plant in Tsu, Mie Prefecture in Japan. The plant boasts of 51 MW worth of capacity. The Haze power plant will provide electricity to Chubu Electric Power Miraiz Co., Inc., which is a subsidiary of the regional utility firm. The PPA is for a period of 17 years. The Haze plant, which sprawls to more than 77-hectare of surface, was established in two years. It holds capacity ample enough supply electricity to close to 20,000 households. TotalEnergies added that it is operated with nearly…
The Association of South East Asian Nations (ASEAN) is the world’s fourth-largest energy consumer. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to reduce their emissions with some of the most important renewable energy projects being planned that have the potential to become the game-changers for the region’s transition to clean energy. As per the WEF, ASEAN is the world’s fourth-largest energy consumer with current dependence on fossil fuels sharing 83 per cent of its…
Sembcorp Industries (Sembcorp) and the Energy Market Authority (EMA) has officially opened the Sembcorp Energy Storage System (ESS). With this, Sembcorp ESS has become Southeast Asia’s largest ESS spanning two hectares of land in the Banyan and Sakra region on Singapore’s Jurong Island. The facility was commissioned in six months with operations started in December 2022 ,said EMA in a statement. It has also become one of the fastest in the world of its size to be deployed, besides the largest in SouthEast Asia In a statement, EMA further said the utility-scale ESS with a maximum storage capacity of 285…
A provider of energy infrastructure and services for electric vehicles (EVs), SUN Mobility, has announced that it has recently signed a strategic agreement with the Pilipinas Shell Petroleum Corporation. The partnership will explore the pilot deployment of SUN Mobility’s advanced battery-swapping technology in the Philippines for two and wheel-wheel electric vehicles. Philippines-based Pilipinas Shell Petroleum Corporation boasts of an expansive growing network of mobility stations and non-fuels retail offers, enabled by its integrated supply chain and corporate governance. The partnership between SUN Mobility and Pilipinas Shell Petroleum Corporation supports the recently passed Electric Vehicle Industry Development Act (EVIDA) that aims…
The commissioning of a new energy system for a marine industry service provider client recently in Loyang Industrial Estate, Singapore, is being announced by Cleantech Solar, a top supplier of renewable energy solutions to businesses in Southeast Asia and India. The system includes a 300 kWp solar photovoltaic (PV), Battery Energy Storage System (BESS), and Electric Vehicle Charging System (EVCS). This is Cleantech Solar’s first trial 3-in-1 project integrating an ESS and EV Charging System with solar PV, where the developer handles full turnkey financing, design, building, operation, and maintenance of the PV + BESS + EVCS under a long-term…
Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in projects in Western Europe only. EIP delves in the construction and development of energy transition assets in Switzerland and Europe and other developed economies of the world. EIP maintains that its strategy for investment revolves around the creation of assets necessary for carbon-free energy, energy…
The largest building materials player of Thailand – Siam Cement Group (SCG) – has now come up with a comprehensive investment plan for the coming five years. The key feature this time is that it has special focus on the environmental aspect of the businesses of SCG and the company looks to strive faster towards the employment of renewable energy to shift the present business style of SCG to a ‘circular’ one. SCG has specifically announced in its investment plans that it will be investing 100 billion baht or $2.89 billion until 2027 end in venues like renewable energy. This…
In Mindanao, the Philippines, a 49 MW battery storage system has been installed at a floating diesel power plant. The 100 MW power barge’s diesel engines’ ramping time was decreased from 15 minutes to just three thanks to the integration of the battery energy storage system (BESS). Therma Marine Inc (TMI), which owns and operates the power plant, will experience fuel cost savings and reduced emissions thanks to the BESS. TMI is also contracted to offer ancillary services to the regional grid. TMI is a division of Aboitiz Power, which produces, distributes, and sells electricity in the Philippines from a…
In Indonesia, a state-owned power firm and ACWA Power will collaborate to look into prospective energy storage and green hydrogen projects. Recently, ACWA Power, a Saudi Arabia-based developer and investor in renewable energy and infrastructure, announced the signing of a Memorandum of Understanding (MoU) with PT Perusahaan Listrik Negara (PLN), Indonesia’s sole electricity generator and monopoly distributor. About two-thirds of Indonesia’s entire electric power production fleet, with a total portfolio of 65.5GW, is operated or owned by PLN, the nation’s sole buyer of energy produced by IPP assets. The partnership between the two will look into several potential projects, including…