RECAI 57: policy and capital market activity are aligning as East Asian markets attempt to address power demand growth and climate concerns. A strong outlook for power demand and growing concerns about climate change are the common themes that link many of the diverse power markets of East Asia. The region has a robust pipeline […]
AC Energy to Build Philippines’ Largest Wind Farm at Cost of $239 mln
AC Energy aims to complete the project in the last quarter of 2022 and put the wind farm, which will consist of 32 wind turbines supplied by Siemens Gamesa, into full commercial operation by 2023. AC Energy Corp, the power generation unit of Philippine conglomerate Ayala Corp, will build an 11.4 billion-peso ($239 million) wind […]
Indigenous Protest Over Solar Farm in Early May Reflects Recurring Issues
Earlier this month, before the uptick in COVID-19 cases that has led to near-lockdown conditions in Taipei and New Taipei, 400 members of the Puyuma people protested outside of the Taitung county government building on May 7th against plans to develop a solar farm. In particular, protesters claim they were not adequately consulted before the […]
U.S. Solar Company GAF Energy Moving Production Back Home From Asia
A small U.S. solar company, GAF Energy, said on Tuesday it would move its manufacturing out of Asia to a new facility in Silicon Valley as it seeks to develop a next-generation technology to integrate solar panels with roof shingles. The company’s move represents the reverse of the years-long trend in the solar industry of […]
Green Buildings do More Than Keep Tropical Tenants Cool
Architects are no longer trying to insulate workers, instead trying to adapt structures to their natural surroundings, which can present unique challenges, from intense downpours to constant heat and humidity. On a typically hot and humid afternoon in Singapore, a fresh breeze blows beneath the canopy of the South Beach development, keeping temperatures several degrees […]
How Singapore’s solar power push, using floating farms and vertical panels, offers solutions to other cities
Singapore’s clean-energy campaign could make it a ‘living laboratory’ to provide ideas for other cities around the world. Elsewhere in Asia, Japan and have pledged to achieve carbon neutrality by 2050, and China by 2060 Singapore is betting on floating solar farms and vertical panels to increase its clean-energy supplies and cut carbon emissions, a […]
A new KSTAR energy storage project is successfully completed in Thailand
A new KSTAR energy storage project is successfully completed in Thailand. Two sets of KSTAR 5kW+10kWh energy storage systems (BluE-5000D) have been installed during December 2020 at the Chumpoll Temple in Ayutthaya Province, providing a clean and stable night time power supply. To ensure ongoing system availability, the partners are providing smart on-line cloud monitoring, […]
Self-Storage Operator Extra Space Asia Expands Solar-Energy Initiative in Singapore
Extra Space Asia (ESA), a privately owned business that operates self-storage facilities across Asia, will add two more facilities to its solar-power initiative in Singapore. The company has partnered with LYS Energy Group to install rooftop photovoltaic systems at its Ang Mo Kio and Eunos Link locations, which are expected to annually offset 164 and […]
Asia Hedge Funds Back Solar Power for Supersized Gains
Solar energy is back in favor with hedge funds. The sector was among the best investments in 2020 for Asia-based managers including LyGH Capital, Pinpoint Asset Management, Sylebra Capital and Zaaba Capital, helping them to beat global funds’ 9.5% average returns. LyGH has put about a quarter of its investments into solar and power storage, […]
Renewables Are Primed for Growth in Asia
Investment in wind and solar power is expected to surpass fossil-fuel power in coming years, despite dropoff in subsidies Renewable-energy operators are planning for further growth in Asia despite a falloff in subsidies, betting energy demand will keep rising. In China, government support has driven a rapid buildup and turned the country into the world’s […]