Capital from CDC Group (“CDC”) will be in the form of Non-Convertible Debentures (NCDs) and will be utilised by Fourth Partner Energy for expanding its solar portfolio Marks CDC’s foray into India’s Commercial & Industrial (C&I) solar segment and Fourth Partner Energy’s first major round of fund-raising in 2021 CDC Group, the UK’s development finance […]
ROUNDUP: NAS batteries for local energy, Metal-hydrogen distro deal in China, NeoVolta’s new backup
NGK Insulators, sole manufacturer of sodium sulfur (NAS) batteries for the grid, has joined a regional power production and supply business being formed in Ena City, Japan. Ena Electric Power will be established this month and aims to begin electricity sales in April 2022. Located in Gifu Prefecture, near to NGK’s headquarters in Nagoya, Aichi […]
Suga’s green energy plan needs to woo older rural men to succeed
Dictum that ‘all politics is local’ is nowhere more true than in Japan. Yuriy Humber is president of Yuri Group and founder of the Japan NRG platform, which publishes weekly reports about the state of energy and electricity in Japan. Prime Minister Yoshihide Suga has declared on the world stage that Japan is committed to […]
Global calls for green action
The drumbeat is growing louder for a shift to green technology and infrastructure throughout the world, including in Cambodia, which is still mostly reliant on “brown” energy consumption as it hopes to balance cost-efficient development with sustainable technology. At an Asian Vision Institute (AVI) webinar on Cambodia’s efforts to achieve its sustainable development goals (SDGs), […]
Forum: Installing rooftop solar panels may not result in much energy savings
I have been following the Straits Times reports on climate change and I have read about the heat island effect that highly urban cities such as Singapore experience. Singapore will be getting hotter and hotter in the future and it is now trendy to install rooftop solar panels in private landed estates (Saving the environment […]
‘Insanely cheap energy’: how solar power continues to shock the world
Australian smarts and Chinese industrial might made solar power the cheapest power humanity has seen – and no one saw it coming. In the year 2000, the International Energy Agency (IEA) made a prediction that would come back to haunt it: by 2020, the world would have installed a grand total of 18 gigawatts of […]
Partnership with India to achieve climate, energy goals core pillar of bilateral cooperation: Biden
Biden made the comments a day after India and the United States announced a “US-India Climate and Clean Energy Agenda 2030 Partnership” to create stronger bilateral cooperation on actions in the current decade to meet the goals of the Paris Agreement. New Delhi: US President Joe Biden on Friday said that he is looking forward […]
Saudi Arabia sees over $200 billion in savings from energy reforms plan: FinMin
Saudi Arabia could save over $200 billion over the next decade by replacing liquid fuel used for domestic consumption with gas and renewable energy sources, the finance minister said, as the kingdom seeks to cut costs to fund investments. The world’s top oil exporter has embarked on an ambitious reforms programme in recent years to […]
Solar and wind are leading fastest energy transition the world has seen
Solar PV and wind Arguably, the fastest change in global energy systems in history is underway. In 2020, new solar photovoltaics (PV) and wind capacity comprised 75% of global net new generation capacity (Figure 1) according to the International Renewable Energy Agency. New PV and wind capacity was 10 times larger than net new hydro […]
How the energy Saudi Arabia’s sun brightens the world
Saudi Arabia is keen to localize the renewable energy sector and achieve its goal of increasing the contribution of renewables to electricity production in the Kingdom. These targets are part of the wider “Green Saudi Arabia” and “Green Middle East” initiatives — two powerful projects that positively impact global environmental interests and strengthen the Kingdom’s […]