Flexibility in grid operation holds key to expanding green energy TOKYO/FRANKFURT: The 21st century is becoming the age of renewable power as economies around the world ramp up their decarbonization efforts. But as the costs of solar and wind generation dramatically decline, Japan is lagging behind in its efforts to implement green electricity. In the […]
Japan on track to achieve 2030 renewable power goal
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal. But cost pressure could grow further as the country’s consumer surcharge to fund renewable electricity is set to rise higher than previously predicted. Japan’s renewable power sources will account for 22pc […]
First Solar nabs 2.4 GW of Series 6 module deals from Intersect Power
US thin-film photovoltaics (PV) maker First Solar Inc (NASDAQ:FSLR) has secured orders to deliver up to 2.4 GW DC of its Series 6 modules for a photovoltaic (PV) portfolio owned by Intersect Power LLC. The overall capacity, bagged in seven separate purchase contracts, includes firm orders for 2 GW of PV modules, plus an option […]
Maharashtra: Costly fuel propels demand for electric scooters
According to dealers, they are facing a shortage of these two-wheelers and three-wheelers in the largest city in the Marathwada region of the state. Aurangabad: In a reflection of the impact of the frequent rise in the prices of petrol and diesel on maintaining vehicles, dealers in Maharashtra’s Aurangabad are seeing a rise in enquiries […]
Mexico Senate passes energy bill favoring state, fossil fuel
The Senate must still vote on some objections, but President Andres Manuel Lopez Obrador appeared to have the votes to push the bill through. It passed earlier in the lower house of Congress MEXICO CITY: Mexico’s Senate passed an electrical energy bill that favors government-owned generating plants that largely run on fossil fuels Tuesday, putting […]
Power minister R K Singh advises stakeholders to enhance green energy usage
Singh chaired a session with top management of energy intensive industrial units through video conference, a statement issued by the Bureau of Energy Efficiency (BEE) said. New Delhi: New and Renewable Energy Minister R K Singh on Tuesday advised industry stakeholders to enhance the use of clean energy and reduce their energy cost to become […]
Singaporean Giant to Build 200mw Solar Power in Delta
B&S Power Holding Pte, a Singapore-based renewable energy corporation, has unveiled a strategic plan to boost electricity supply with the development of the Ashama 200 megawatts solar PV power plant. The power giant disclosed that it would develop the Ashama solar power project on 304 hectares of land in Aniocha South, Delta State in collaboration […]
Solar Philippines to build 2GW solar power project
Solar Philippines Biga Corporation is planning to build a 2 gigawatts (GW) solar plant, combining with 6GW battery energy storage system and 600 megawatts (MW) diesel backup in Nasugbu, Batangas, 115 kilometres south west of Metro Manila, Philippines. The firm has secured a solar service energy contract from Philippines’ energy department for exclusive right to […]
Detel plans to raise Rs 150 cr by this year-end to strengthen EV portfolio
With the government’s initiatives to make India self-reliant in the area of EV mobility, the company has taken a step ahead to support the government’s Make in India campaign New Delhi: Homegrown brand Detel on Monday said it plans to raise Rs 150 crore by the end of this year to drive in new electric vehicles. The […]
Porsche to participate in fundraising of electric supercar maker Rimac
Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 million euros ($157 million-$181 million). Porsche owns a 15.5% stake in Rimac Automobili and could raise its stake to just below 50% in a deal that would also include the transfer of Volkswagen’s supercar brand […]