Goldman Sachs Group Inc. is exploring a sale of its majority stake in Japan Renewable Energy Corp. that could raise about $2.5 billion, according to people familiar with the matter. Goldman is working with its in-house investment banking team and Bank of America Corp. on the potential sale of its 75% stake in Japan Renewable, […]
TMEIC SOLAR WARE STATION Utility-Scale PV Inverters provide 580MW of Renewable Energy in Vietnam
TMEIC Solar Ware Inverters support Vietnam’s FIT Phase 2 In December 2020, Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) completed the installation of its SOLAR WARE STATION for newly developed utility-scale solar PV plants in Vietnam. The SOLAR WARE STATION delivered is a packaged solution offering a PV […]
Australia to reach 30% non-hydro renewable energy by 2030
Australia has “high potential” to become a global powerhouse of green hydrogen energy generation and accelerate the renewables market’s growth, according to new research. A recent study by market analyst Fitch Solutions now claims that non-hydro renewable energy generation will make up close to a third (30%) of Australia’s total power mix by the end […]
Amazon is the biggest corporate buyer of renewable energy
Tech companies are leading the charge to power their operations with renewable energy. By the end of 2020, Amazon had moved to the front of the pack, surpassing Google for the first time. More companies are signing on to science-based decarbonization targets, in which one key aim is to use only fossil-fuel-free electricity. But when […]
Why Africa Hasn’t Kickstarted Its Renewable Energy Boom
Africa has a solar energy potential of as much as 1,000 GW and wind potential of 110 GW, not to mention 350 GW in hydropower potential and 15 GW of geothermal potential. And yet, all this huge potential remains largely untapped, even though solar and wind farms are getting so cheap, they are said to […]
Japan lags as economies worldwide shift to renewable power
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 […]
Clean Energy, Total sign JV for renewable natural gas production
The joint venture, owned equally by both firms, will have an initial firm commitment of $100 million to build renewable gas production facilities U.S. alternative fuels supplier Clean Energy Fuels Corp and its largest shareholder, European oil and gas producer Total SE, announced terms of a new joint venture on Thursday focused on renewable natural […]
US-China tensions threaten global climate change efforts
The fast cuts in carbon needed to stave off the worst of climate change are all but impossible unless these countries work together and basically trust each other’s pledges. The world’s hopes for curbing climate change hinge on action by two giant nations whose relations are deteriorating: China and the United States. The two countries […]
Tata Power DDL rolls out live peer-to-peer solar energy trading project
Tata Power DDL and Power Ledger in collaboration with India Smart Grid Forum (ISGF) have rolled out live peer-to-peer (P2P) solar energy trading, a first-of-its-kind pilot project in Delhi, a statement said. Tata Power Delhi Distribution and Australian tech firm Power Ledger on Wednesday announced the launch of the first live peer-to-peer solar energy trading […]
