Indonesia will be getting support from Netherlands as it encourages co-operation in solar and wind energy sector to accelerate the transition to renewable energy in Indonesia and address global climate change. This was disclosed by the climate envoy of the Netherlands, Prince Jaime de Bourbon de Parme, at the Renewable Energy and Climate Summit Indonesia-the Netherlands, which is being held in Jakarta from 9-13 October 2023. He said, “These, globally, are the most cost-effective ways to have renewable energy and to combat climate change.” “One of the collaborations carried out between Indonesia and the Netherlands to encourage the energy transition…
Author: Saur News Desk
China Energy International Engineering Co. (CEEC) Ltd. and ISOC Energy of the Philippines has signed an agreement for the construction of a 1GW (gigawatt) floating solar project on Laguna Lake. The project is expected to boost up energy growth and help the Philippines transition to a green energy system. The scope of work includes the design, procurement, construction, testing and commissioning of a 1GW floating solar power plant in the country’s largest lake. It may be noted that in line with President Ferdinand R. Marcos Jr.’s commitment to renewable energy, the Philippines aims to achieve a 35 per cent share…
Centara Hotels & Resorts has signed a Memorandum of Understanding (MOU) with SCG Cleanergy Company Limited, a service provider of solar energy solutions, to introduce Smart Energy technology in Centara hotels and resorts. With this, it has marked Centara’s dedication to embracing the “Smart Hotel” concept by integrating “Smart Energy”, a sustainable and clean electrical technology, throughout its extensive portfolio of hotels and resorts, said the statement. This pioneering initiative will begin with Centara Grand and Bangkok Convention Centre at Central World serving as the inaugural pilot property to utilise renewable energy from SCG Cleanergy as its primary electricity source. The installation…
Vietnam is focusing on energy transition, after it has pledged to attain net-zero emissions by 2050 at the 26th Conference of Parties to the United Nations Framework Convention on Climate Change (COP26) in Glasgow in November 2021. To this end, the country has the opportunity to seek external financial support to achieve its ambitious climate objectives, including funds from the UK for green transition and sustainable development, as per the Just Energy Transition Partnership (JETP). Various notable steps have been taken by the Vietnam to boost its renewable energy capacity and the latest was the endorsement of the National Power…
Taiwan Fertilizer Co.(TFC) has plans to venture into the clean energy sector by utilising ammonia, an effective hydrogen energy carrier. This was disclosed by TFC chairman Lee Suen-zone recently at an industrial seminar in Taipei. He said that the company plans to construct two ammonia storage facilities over the next two to three years. With this, it plans to tap the potential opportunities associated with low-carbon hydrogen. “Established in 1946, TFC is looking to transform its business to reduce carbon emissions in different ways, including a transition to clean energy using ammonia, traditionally a raw ingredient in fertilizer production,” he…
Vietnam has recently achieved a milestone with the completion of a 29.7 MW wind project. The project, which harnesses the power of wind has now gone online and is operational. The 29.7-megawatt (MW) ECOWIN wind project operated by 51% RATCH Group-owned ECOWIN Energy Corporation will supply the electricity produced to the state-owned Vietnam Electricity. The installation of wind turbines in Vietnam contributes to the country’s efforts to transition towards cleaner and more sustainable energy sources. In a statement, Thailand-based RATCH Group said, “ The onshore wind project, composed of nine wind turbines with 3.3 MW of capacity each, is located…
Malaysia and the United Arab Emirates have agreed to jointly establish renewable energy capacity of 10 gigawatts in Malaysia worth $8 billion by 2025. This was disclosed by Prime Minister Datuk Seri Anwar Ibrahim on a social media post. He said that the collaboration is outlined in a preliminary agreement between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC (Masdar). On his work visit to the UAE, speaking to captains of industry during a roundtable meeting in the United Arab Emirates (UAE) yesterday (5-10-2023), he emphasised Malaysia’s commitment to implementing good and clear policies with regard…
Japanese shipping firm Mitsui O.S.K. Lines, Ltd (MOL) and EDF Renewables have signed a pact to co-operate for the the development of offshore wind and related business and to focus on the developments in green hydrogen. As per the pact, both partners will collaborate and leverage their respective expertise and experience in offshore wind energy, as well as in green hydrogen solutions. EDF Renewables and MOL aim to contribute to offshore wind energy goals and meet hydrogen strategies towards a net zero carbon future, said the firm. Frèdèric Belloy, Executive Vice President of International Operations for EDF Renewables, said, “We…
Chinese firm Ningbo Shanshan, the world’s largest supplier of electric car battery materials has ambitious plans to invest up to 1.28 billion euros ($1.35 billion) in a new project in Finland. The project is a part of the Chinese company’s plan to expand its overseas presence and meet growing demand, said the firm. The project, undertaken by the subsidiary Shanghai Shanshan Lithium Battery Material Technology Co. Ltd., will involve the construction of a facility capable of producing 100,000 tons of lithium-ion battery anode materials a year, according to the recent stock exchange filing by the firm. Shanshan said that it…
Hong Kong’s Unity Group, a green energy services firm, has launched a joint venture with an Abu Dhabi-based firm Lead International Investment, to optimise energy efficiency in 700 commercial and residential buildings in Abu Dhabi. Lead is a holding subsidiary of investment company Ethmar International Holding (EIH), an Abu Dhabi based investment company chaired by UAE politician and royal Sheikh Hamdan bin Mohammed bin Zayed al Nahyan, who is a son of the late Sheikh Zayed bin Sultan al Nahyan, Founder of the UAE. Unity Group also has plans to expand across the UAE and the Middle East, the firms…