Japanese engineering group JGC Holdings Corp (TYO:1963) announced last week that it will build a 50.95-MW solar power plant in Tsu city, Mie prefecture. Through JGC Japan Corp, the engineering firm will provide design, procurement, construction and test-run services for a solar photovoltaic (PV) project planned by GK Succeed Tsu Haze. JGC Holdings pointed out […]
Canadian Solar Inc. has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund for approximately $283 million. To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over $166 million on the Tokyo Stock Exchange. Canadian Solar […]
Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ) announced today that it has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund (“CSIF”, TSE: 9284) for JPY 30.6 billion (approximately US$283 million). To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an […]
Flexibility in grid operation holds key to expanding green energy TOKYO/FRANKFURT: The 21st century is becoming the age of renewable power as economies around the world ramp up their decarbonization efforts. But as the costs of solar and wind generation dramatically decline, Japan is lagging behind in its efforts to implement green electricity. In the […]
Japan is on track to achieve its target for renewable power capacity installed by 2030, paving the way for its 2050 carbon neutral goal. But cost pressure could grow further as the country’s consumer surcharge to fund renewable electricity is set to rise higher than previously predicted. Japan’s renewable power sources will account for 22pc […]
Japan’s northernmost utility Hokkaido Electric Power is considering using hydrogen or ammonia at its planned two combined-cycle gas-turbine (CCGT) units at the Ishikariwan-Shinko power plant, to help achieve the country’s 2050 decarbonisation goal. Hokkaido has decided to postpone the start-up of the two 569.4MW CCGT units at Ishikariwan-Shinko to study the possibility of burning hydrogen […]
The Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the Arab Republic of Egypt in Cairo to provide a Japanese ODA loan of up to 25 billion yen for Development Policy Loan for Power Sector Reform. The objective of the program is to enhance sustainability and stability in the power […]
Perovskite is about to invade the conventional solar sector from later this year, enabling a fall in the cost of solar by 80 percent and an increase of 30 percent in the amount of electricity a solar cell can generate for slightly higher manufacturing costs Perovskite solar will invade conventional solar in 3 distinct ways, […]
MANILA, PHILIPPINES: The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy in Southeast Asia. Signed by ADB Vice-President for Knowledge Management and Sustainable Development Bambang Susantono and METI Vice-Minister for International Affairs Shigehiro Tanaka, […]
The cooperation will focus on the areas of renewable energy, energy conservation and efficiency, and other technologies that will facilitate the transition to low-carbon energy. The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy […]