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Japan’s Mitsubishi beats Shell to buy Dutch power firm Eneco

November 26, 2019 Anand Gupta

Eneco, a company owned by 44 Dutch municipalities and with a strong focus on renewable energy, said it had been swayed by Mitsubishi’s plans to allow the company to continue its strategy and retain its corporate identity. Amsterdam: A group led by Japan’s Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy […]

Asia - Pacific

PTI Govt Taking Steps To Generate Cheap Energy: Minister

November 21, 2019 Anand Gupta

ISLAMABAD, UrduPoint / Pakistan: Federal Minister for Energy, Omer Ayub Khan on Wednesday said that Pakistan Tehreek e Insaf (PTI), government was working on many projects to generate cheap energy in the country. Wind, solar and renewable energy projects would be completed in near future to meet the growing demand of industrial and other sectors […]

Energy Storage

As Extreme Storms Wreck Power Grids, Japan Seeks Home Battery Networks

November 19, 2019 Anand Gupta

After recent typhoons ravaged Japan’s grid and disrupted power to almost 1.4 million customers, the government is encouraging homeowners to invest in storage systems, seeking to marry batteries with existing rooftop solar capacity to create backup electricity networks. The backbone would be the 2.3 million rooftop solar installations across the country that have been selling […]

Asia - Pacific

Japan’s JERA in talks on Taiwan’s Formosa 3 offshore wind project

November 15, 2019 Anand Gupta

The world’s biggest buyer of LNG reported net profit of $1.26 billion for the period from April to September, backed by strong earnings from its LNG trading operation TOKYO: Japanese power generator JERA is in talks with Macquarie Capital to buy close to a half stake in Taiwan’s Formosa 3 offshore wind project, its president […]

Featured

JinkoSolar’s motion for summary determination of non-infringement will be granted by ITC JUDGE within two weeks

November 15, 2019 Anand Gupta

Jacksonville, Fla.: JinkoSolar Holding Co., Ltd. (NYSE: JKS) (“JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that the Administrative Law Judge (“ALJ”) in U.S. International Trade Commission Investigation No. 337-TA-1151 (“the 1151 Investigation”) issued an order indicating that JinkoSolar’s motion for summary determination of non-infringement will be […]

Asia - Pacific

Japan’s NTT to invest $5.5 bn in building power networks for supply backup

November 12, 2019 Anand Gupta

NTT will provide electricity by using power saved in batteries at the 7,300 buildings it owns and will purchase power from others, the report said. Nippon Telegraph and Telephone Corp will spend about 600 billion yen ($5.5 billion) to build power distribution networks, the Nikkei newspaper reported, without citing its sources.In a rare move for […]

Electric Vehicles

Will Your EV Keep the Lights On When the Grid Goes Down?

November 9, 2019 Anand Gupta

Home battery systems can help during power outages. So can the battery packs rolling around in electric vehicles. Last month’s preventative power shutoffs in California highlighted the vulnerability of the electricity grid to threats exacerbated by a changing climate. In the wake of the forced outages, much has been written about the ability of solar […]

Asia - Pacific

Japan’s power prices fall to 6-mth lows amid higher temperatures, renewables supplies

November 8, 2019 Anand Gupta

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TOKYO : Prices for electricity traded on Japan’s power exchange for delivery on Thursday fell to six-month, lows as seasonally high temperatures reduced heating demand, amid excess supplies of solar power. The price on the Japan Electric Power Exchange (JEPX) dropped to as low as 1 yen (0.92 U.S. cents) per kilowatt hour (kWh), the […]

Energy Storage

Tesla to start Powerwall home battery installations in Japan

October 16, 2019 Anand Gupta

TOKYO: Tesla Inc (TSLA.O) will start installing its Powerwall home power storage batteries in Japan next spring, the U.S. electric car and battery maker said on Tuesday, marking the product’s debut in Asia. The 13.5 kilowatt-hour (kWh) Powerwall can store power generated by solar panels and costs 990,000 yen ($9,135), including the Backup Gateway system […]

Asia - Pacific

Green Bond Debut of Japan Utilities Up to Renewables Push

October 16, 2019 Anand Gupta

Japanese utilities are among the biggest issuers of yen corporate bonds but have been absent from the green note market so far. Their debut may depend on progress in the country’s usage of naturally replenishable energy sources. That’s the view of Reiko Hayashi, director and deputy president of Merrill Lynch Japan Securities Co., who said […]

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