Researchers at the Fraunhofer Institute for Solar Energy Systems ISE have presented the newest edition of their study on the levelized cost of electricity (LCOE) of renewable power plants. The fifth edition of the study analyzes the current costs and forecasts the future cost development up to 2040 based on technology-specific learning rates and market […]
Winds of Change Lift Indonesian Renewables
The Covid-19 pandemic has crushed Indonesia’s power sector. The economic slowdown depressed electricity demand by 15 per cent in 2020. Due to travel restrictions, construction has stalled on many Indonesian power projects that rely on imported labor. And the government recently reallocated a quarter of its infrastructure budget to finance its pandemic response, applying additional […]
California Legislators Push $300 Million Hydrogen Plan
California’s policymakers are lobbying for hydrogen fuel to play a larger role in the state’s economy. A bipartisan group of 20 legislators penned a letter to assembly leaders requesting that $300 million of a $500 million executive order on emission reductions be set aside for hydrogen fueling infrastructure. Such a significant sum shows that California […]
The Solar Energy Segment Looks Set to Continue Its Expansion
NEW YORK : Solar energy is expected to play an increasingly important role in the global energy infrastructure. According to a research report by Mordor Intelligence LLP, the global solar energy installed capacity is registered to be 728 GW and is estimated to grow to 1645 gigawatts (GW) in 2026, while growing at a CAGR […]
Japan Eyes Aus For Solar Investment, First Stop Qld
Japanese companies have made it clear they are viewing Australia as a rich renewables growth market after investing in a 428 hectare solar farm in Queensland. Queensland says its trade agency, Trade and Investment Queensland (TIQ), helped facilitate what will be one of Japan’s largest solar projects ever undertaken in Australia. Japanese trading company Sojitz […]
Huawei And BayWa r.e. Extend Their Partnership to Support Thai Renewables Growth
BANGKOK :  Huawei and BayWa r.e. have extended their partnership agreement following two years of successful collaboration, to continue to provide premium solar products and solutions in Thailand. Since 2019, BayWa r.e. – a leading solar product distributor – has been Huawei’s partner in sales, distribution, and a Certified Service Partner. During 2020, the […]
Morocco Eyes Green Hydrogen Exports With IRENA Renewables Collaboration
Builds on IRENA hydrogen framework with EC. Morocco aims for 52% renewable power by 2030. 3.5 GW of installed renewables end 2020.Morocco and the International Renewable Energy Agency (IRENA) will collaborate to advance the country’s renewable hydrogen economy and accelerate the uptake of renewable energy as it seeks to become a major green hydrogen producer […]
How Japan’s Big Bet on Hydrogen Could Revolutionize the Energy Market
The country’s effort to be carbon-free by 2050 relies on a fuel source many see as too expensive and unrealistic. The world’s first liquefied hydrogen carrier—Suiso Frontier, or ‘hydrogen frontier’—at port in Kobe, southwestern Japan.Japan built the world’s third-largest economy on an industrial base powered by imported oil, gas and coal. Now, it is planning […]
Indonesia Aims to Sell Only Electric-Powered Cars, Motorbikes By 2050
All motorcycles sold from 2040 will be electric-powered, while all new cars sold from 2050 will be electric vehicles (EVs), Arifin Tasrif said. Indonesia aims to sell only electric cars and motorcycles by 2050 to replace vehicles powered by combustion engines, the country’s energy minister said on Monday, as the Southeast Asian country seeks to […]
Sungrow Partners with UCC to Broaden Distribution Channels
Dhaka, Bangladesh: Sungrow, the global leading inverter solution supplier for renewables, announced a new partner, United Computer Center(UCC), to distribute the Company’s commercial & industrial, residential inverters in Bangladesh, further facilitating the economic decarbonization in more markets. Sungrow is poised to meet a wide range of applications in distributed generation markets with a comprehensive product […]
