BRITAIN-INFINITEPOWER/Infinite Power signs agreement with Marubeni to use power cell technology LONDON: Britain’s Infinite Power said on Friday it has signed a letter of intent with Marubeni’s Nuclear Fuel Dept of Japan to seek potential markets to use the firm’s power cell technology in Japan. Infinite Power has developed power cells which operate in a […]
A new report highlights the massive potential to decarbonize transport, industry and power grids — and the massive investments needed to get there. The U.S. needs a massive green hydrogen industry to decarbonize its electricity, transportation and industrial sectors, and major investments and policy changes today to enable it to grow to its full potential […]
Post the transaction, ORIX will have a 17% stake, with GIC and ADIA stake coming down to 56% and 14% respectively. Founder’ stake will also come down to around 13% NEW DELHI : In the single largest foreign investment in India’s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy […]
Japanese real estate and renewables investor Ichigo Inc (TYO:2337) commenced commercial operation of its 1.29-MW solar photovoltaic (PV) park in Gifu prefecture on September 5. Located in the city of Minokamo, the Ichigo Minokamo Hachiyacho Kamihachiya ECO Power Plant is equipped with 3,880 solar panels capable of generating enough electricity to meet consumer needs of […]
Japan will invest more than $100bn in wind and solar generation before 2030, according to analyst firm Wood Mackenzie. In its most recent Strategic Energy Plan, the country aimed to generate 22%-24% of its electricity from renewable sources. However, this new rate of investment would push its renewable generation to 27%. In 2019, the country […]
July 20 : International independent power producer (IPP) Sonnedix Power Holdings Ltd has recently reached financial close for the 40-MW Soma solar project in Japan. The company said the JPY-17.5-billion (USD 163.4m/EUR 142.6m) club financing was led by Sumitomo Mitsui Trust Bank, Limited (SMTB), which was also in the group of underwriters that included the […]
The government plans to introduce fluctuating prices for electricity generated by renewable energy and promote the use of such power to accelerate decarbonization, in a comprehensive policy package it will formulate, The Yomiuri Shimbun has learned. To stimulate market transactions, the government intends to start charging fluctuating prices for some electricity generated by renewable energy […]
UAE reschedules Mars mission launch to between July 20 and July 22 The United Arab Emirates has rescheduled the launch of its mission to Mars to a preliminary window between July 20 and July 22, depending on weather conditions at the launch site in Japan, the government’s communications office said on Thursday. Following is a […]
The Japanese carmaker is hoping its new all-electric sports utility vehicle (SUV) Ariya will sell well in China. But it faces tough competition from Tesla which has a strong presence in the world’s largest car market. Electric cars are a cornerstone of Nissan’s four-year plan to get it back to profitability. The Ariya was launched […]