World’s largest hydro-floating solar farm goes live in Thailand
A floating solar farm that’s equivalent to about 70 soccer fields in size has begun generating power in Thailand, reflecting the country’s push to achieve carbon neutral status by 2050.
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India’s COP26 targets boost outlook for renewables growth
New climate targets announced at the COP26 summit by Indian Prime minister Narendra Modi look set to boost renewable energy growth. However, India’s insatiable demand for electricity will keep the market highly reliant on coal power, posing challenges to the country's decarbonisation plans, according to Fitch Solutions.
Southeast Asia tipped to become world’s largest floating solar market
Analysts at Rystad Energy believe Southeast Asia could become the largest floating solar photovoltaic (PV) market in the world with several significant projects planned this decade.
Integrating solar into LNG industry could slash Australia’s carbon footprint, says report
The integration of solar energy into Australia’s liquified natural gas (LNG) industry could dramatically reduce Australia’s carbon footprint while also creating thousands of additional jobs, according to the latest research by government-funded NERA (National Energy Resources Australia) and Charles Darwin University (CDU).
Woodside teams up with Heliogen on ‘breakthrough’ solar tech in US
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is collaborating with US-based Heliogen, a provider of AI-enabled concentrated solar energy, to build a 5 MW commercial-scale demonstration facility in California.
EDF and VinaCapital to invest $100m in Vietnam solar
France’s EDF Renewables (EPA:EDF) has made a significant investment in VinaCapital’s SkyX Solar, a rooftop solar power developer in Vietnam as the market continues to boom.
EDF to develop subsea cable between Singapore and Indonesia for renewable energy flows
French power company EDF Group (EPA:EDF) has signed a memorandum of understanding with Singapore government-owned utilities company SP Group to jointly develop a subsea transmission cable to enable renewable energy imports from Indonesia to Singapore.
India’s Reliance accelerates push into renewable energy with two acquisitions
Mukesh Ambani’s Reliance Industries (NSE:RELIANCE) acquired a Norwegian solar panel maker and an Indian builder of renewable projects in a bid by the oil-to-retail conglomerate to extend its dominance into alternative energy.
Aberdeen City Council wins funding to progress hydrogen and solar ambitions
Aberdeen City Council has won a share of a £1million pot to progress its ambitions for hydrogen and solar projects.
China’s energy crisis highlights weaknesses in Xi’s power plans
China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities -- energy security -- that could have ramifications for the power system for years to come.
Taking the temperature: ESG investing in the energy industry
Global energy companies are shifting to ESG investing; but what are the drivers to decarbonise and the innovative approaches being deployed? In this new series, Mike Scott takes the temperature of the industry’s response to date, as well as the challenges ahead that this shift will present.
Indonesia approves path for record breaking Australia-Singapore subsea cable project
Indonesia has approved the subsea route for what could be the world’s first intercontinental power grid, connecting Australia to Singapore, with 24/7 renewable power. The official nod means Sun Cable’s ambitious project, that proposes the world’s largest solar farm, the world’s biggest battery, and the world's longest undersea cable, has moved a step closer to reality.
US push for LNG in Philippines paints unrealistic picture, IEEFA says
A recent white paper sponsored by the US Agency for International Development (USAID) promotes the benefits of liquefied natural gas (LNG) in the Philippines. But it makes overly optimistic claims about the financial, economic and environmental benefits of LNG, reckons the Institute for Energy Economics and Financial Analysis (IEEFA).
There’s a fortune to be made in the obscure metals behind clean power
The era-defining shift from fossil fuels to clean energy will deliver an unprecedented new boom for commodities—and an opportunity for investors—as a range of relatively obscure materials become essential to delivering emissions-free power, transport and heavy industry.
Solar needs to dethrone coal to meet Indonesia goals, study says
Solar power holds the key to meeting renewable energy targets for Indonesia, but the fast-growing Southeast Asian economy needs significant reforms to steer it away from an over-reliance on coal, according to a report.
UK Gov sets aside £265m for ‘biggest-ever’ round of CfD scheme
Westminster will announce the biggest-ever round of its flagship renewable energy scheme on Monday as it aims to secure “record” renewables capacity.
Wake up to pitfalls of flawed wind turbine placement
Optimising the placement of turbines within a wind farm can significantly increase energy extraction, but only up to a point.
Investment nod for Shell’s Timi gas project off Malaysia
Shell and its partners, Petronas Carigali and Brunei Energy Exploration, have taken a final investment decision (FID) on the Timi sweet gas development offshore Malaysia that will help boost the country’s liquefied natural gas (LNG) exports. Significantly, Shell said the development marks its first offshore wellhead platform to be powered by solar and wind in Malaysia.
Cornwall Insight – 8GW of onshore wind and solar already eligible to bid in upcoming CfD round
A potential 8 gigawatts (GW) of onshore wind and solar is eligible to bid in the upcoming Contracts for Difference (CfD) round.
China’s CNOOC to boost renewables spend, eyes offshore wind
CNOOC, China’s third-largest oil company, will boost spending on renewable energy by up to 10% per year to 2025, as it eyes returns that are similar to the oil and gas business. By 2050, CNOOC is targeting at least 50% of earnings from new energy.
Renewables planning applications up year on year, according to px Group
Renewables planning applications have continued to rise despite disruptions caused by Covid-19, according to research.
Thailand’s oil giant is going on a green spending spree
Thailand’s oil giant, whose sales account for about 10% of the nation’s economic output, is suddenly spending billions of dollars on electric-vehicle and renewable-energy companies and tilting its traditional businesses toward chemicals and plastics.
Sunseap set to build world’s biggest floating solar in Indonesia
Singapore’s Sunseap is planning a $2 billion floating solar project on a reservoir in Indonesia’s Batam Island. If successful it will be the world’s largest to date and electricity could be exported via undersea cable to the nearby island city state of Singapore.
TotalEnergies successfully delivers key solar project in Indonesia
TotalEnergie has finished building a second solar photovoltaic (PV) rooftop installation at one of Indonesia’s largest petrochemical facilities owned by Chandra Asri.
Asia Pacific solar capacity set to triple by 2030
As national carbon-neutral targets come into focus, Asia Pacific solar photovoltaic (PV) capacity could triple by 2030 to 1500 gigawatts (GW), with Indonesia potentially the fastest expanding market by the end of the decade, according to new research from Wood Mackenzie.