The new policy aims for three or four projects each year with total generation capacity of 1 gigawatt (GW), from the financial year starting in April 2021 until fiscal 2030/2031, for an accumulated total of 10 GW TOKYO : Japan will craft new rules and support infrastructure in a drive that aims to build offshore […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
Japan opens bidding process for Goto offshore wind farm
The government last year brought in a law to enhance development of offshore wind farms, allowing operators to use designated sea zones for 30 years TOKYO: Japan’s industry ministry on Wednesday launched a bidding process to select an operator for the 21 megawatt (MW) Goto offshore wind power project in Nagasaki, southern Japan, marking its […]
Japan’s JERA to form floating wind farm JV with France’s ADEME, Ideol
Their goal is to have the joint venture be involved in the development of several floating wind farms across the globe in the next 5 years TOKYO: Japanese power generator JERA said on Monday it has agreed with France’s state-owned investment firm ADEME Investissement and French floating wind technology supplier Ideol on key terms for […]
JA Solar Supplies Solar Modules for an 110MW PV Project in Kansai, Japan
BEIJING: JA Solar announced recently that it has won the order to supply Mono PERC MBB modules for the 110MW photovoltaic (PV) power plant in Kansai, Japan, which is the largest single PV project in the country so far. Scheduled to connect to the grid in March 2022, the plant will generate 150 million kWh […]
SoftBank Is Selling $40B of Assets but Stands Firm on Renewable Energy Plans
In an interview, the head of SoftBank’s global renewables arm says the company will have its first gigawatt of U.S. solar capacity in operation by next year. The head of SoftBank’s renewable energy subsidiary, SB Energy Global, says his firm is committed to growing its presence in international clean energy markets despite ongoing financial struggles […]
IEEFA update: Who would still fund a new coal power plant in India?
Coal power generation has worn 100% of the COVID-19 power demand drop The coronavirus pandemic and national lockdown has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international finance investing in new, cheaper, and cleaner renewable energy, finds a new IEEFA briefing note out today. Entitled Who […]
New electrode material developed to increase charge capacity of lithium batteries
Lithium batteries hold a lot of promise for the future of many applications, including electric vehicles, but tend to be prohibitively expensive, according to a team of researchers based in Japan. That team, led by Naoaki Yabuuchi, professor at Yokohama National University, has developed a new electrode material to make lithium batteries not only cheaper, […]
Japan’s SMFG to end lending for new coal-fired power plants
TOKYO: Japan’s Sumitomo Mitsui Financial Group Inc (SMFG) said on Thursday it would no longer lend to new coal-fired power plants from May 1, a day after peer Mizuho Financial Group Inc said it would stop financing new coal power projects. The policy change comes as the sector faces pressure from activist investors and […]
IL&FS completes sale of IL&FS Wind Power Services amid lockdown
IWSPL is engaged in providing supervisory and management support services to seven companies that own and operate wind power generating assets. Mumbai: IL&FS has completed the sale of IL&FS Wind Power Services (IWSPL), a wholly owned subsidiary of IL&FS Energy Development Company Limited (IEDCL), to ORIX Corporation, Japan. IWSPL is engaged in providing supervisory and […]