Asia – Pacific – Page 185 – The Leading Solar Magazine In India

FRV reaches fin close on 115-MW Australian solar project

December 29, 2020 Anand Gupta

December 28 (Renewables Now) : Spain-based Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has reached financial close on the 115-MW Metz Solar Farm project it plans to realise in the Australian state of New South Wales. FRV secured a green loan from Australia’s Westpac Banking Corp (ASX:WBC) and German commercial lender Norddeutsche […]

Yingli and JA Solar secure module supply deals, Keppel buys stake in 500MW project

Asia - Pacific

TSEC’s NT$700m upgrade approved

December 29, 2020 Anand Gupta

TSEC Corp (元晶太陽能), the nation’s biggest manufacturer of solar cells, was yesterday granted approval by the Ministry of Economic Affairs to invest NT$700 million (US$24.53 million) to build a new production line in Hsinchu’s Hukou Township (湖口). TSEC’s capacity expansion came as demand for renewable energy has increased significantly after overseas Taiwanese manufacturers allocated more […]

Asia - Pacific

CONTROVERSY REGARDING WIND FARM TAKES PLACE ALONG FAMILIAR LINES

December 29, 2020 Anand Gupta

ANGER FROM fishermen has broken out after plans by German energy company EnerVest to develop wind farms near the islets of Huaping, Mianhua, and Pengjia. Controversy regarding the issue follows a familiar dynamic in Taiwan. In particular, fishermen claim that developing the wind farms will affect their livelihoods, affecting fish stocks in the seas near […]

Asia - Pacific

CGN starts wind farm with hybrid wind turbines

December 29, 2020 Anand Gupta

The 401.5 megawatt Yangjiang Nanpeng Island offshore wind farm, featuring hybrid-drive wind turbines supplied by Mingyang Smart Energy, was fully commissioned on Dec 16, said its operator China General Nuclear Power Corp, one of the country’s largest nuclear power companies. The project saw its first turbine installed at the site off Guangdong province in July […]

SMA Solar touts 1.6GW of inverter sales to Australian PV power plants in 2020

Asia - Pacific

China’s green gambit and climate change

December 29, 2020 Anand Gupta

CLAREMONT, CALIFORNIA : Can U.S. President-elect Joe Biden walk and chew gum at the same time? If walking is managing domestic pressures, and chewing gum is pursuing a balanced foreign policy, the answer is far from clear. The tension between bipartisan calls to contain China and the imperative of cooperating with Chinese President Xi Jinping […]

Asia - Pacific

China’s winter chills clean energy transition as factories fire up

December 29, 2020 Anand Gupta

The surge in demand also comes as the cold hampers the ability of renewable energy to fill the gap left by a severe coal shortage BEIJING/YIWU, China : China’s harsh winter and stunning manufacturing recovery this year have pushed up electricity demand across the country’s industrial belt, complicating Beijing’s drive to cut businesses’ power usage […]

Asia - Pacific

Japan is trying to be carbon-neutral by 2050

December 29, 2020 Anand Gupta

In his first policy speech at the Diet the other day, Japanese Prime Minister Yoshihide Suga announced Japan would go carbon-neutral by 2050. Clearly, he is aware of the need to put an end to Japan’s present notoriety as the world’s fifth largest carbon emitter and bring its climate record down in tune with the […]

Asia - Pacific

Mitsubishi Heavy looks beyond solar and wind in clean energy push

December 29, 2020 Anand Gupta

Japanese conglomerate faces emissions challenge because of reliance on carbon-heavy businesses Mitsubishi Heavy Industries plans to invest in green technologies beyond solar and wind as one of the biggest participants in fossil fuel power generation tries to reinvent itself in clean energy. Kentaro Hosomi, head of the Japanese conglomerate’s mainstay energy business, told the Financial […]

Asia - Pacific

Orix to Buy Spanish Energy Firm Elawan for About $965 Million

December 29, 2020 Anand Gupta

Orix Corp. agreed to buy Spain’s Elawan Energy, the Japanese financial conglomerate’s first deal to acquire a majority stake in an overseas renewable power company. Tokyo-based Orix is purchasing an 80% stake from Elawan’s management and Spanish industrial company Acek, company spokeswoman Yuka Kanaoka said Monday. With an additional capital injection later, the deal is […]

A schoolboy walks up the overhead bridge along a traffic junction in Beppu

Asia - Pacific

Japan aims to eliminate gasoline vehicles by mid-2030s, boost green growth

December 26, 2020 Anand Gupta

TOKYO: Japan aims to eliminate gasoline-powered vehicles in the next 15 years, the government said on Friday in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050. The “green growth strategy,” targeting the hydrogen and auto industries, is meant as an action plan to […]