The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs. he rise of electromobility and demand for stationary storage will drive lithium-ion battery costs […]
China’s CATL to start battery storage business in Japan with Next Energy
TOKYO : China’s electric vehicle battery maker Contemporary Amperex Technology Co Ltd (CATL) (300750.SZ) said it will start offering products to homes and plants in Japan in 2020, as it seeks to expand its global presence and diversify its business. The Chinese firm will provide batteries under a partnership with Japanese solar power company Next […]
Japan’s Marubeni backs blockchain crowd-sourcing platform for solar, wind farms
MELBOURNE: Japan’s Marubeni Corp (8002.T) has agreed to back a blockchain power purchasing platform, WePower, that is looking to establish itself in Australia to tap rapid growth in solar and wind power, the two firms said on Tuesday. The Japanese trading house has issued an unspecified loan to Lithuania-based WePower, convertible into shares. A Marubeni […]
Etrion issues a green project bond for approximately JPY 16 billion (US$146 million) and commences construction of its 45 MW Niigata Solar Project in Japan
GENEVA: Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, announces the signing, execution and drawdown with respect to a finance agreement for the construction of the 45 megawatts (“MW”) Niigata solar project located in the in the Niigata prefecture in northern Japan. The arranger of the Etrion Green […]
Japan Will Explore New Avenues for Energy Self-Sufficiency
Japan’s government this June adopted a new energy white paper that suggests the country must rely on a larger share of nuclear and renewables to slash its carbon emissions and meet its target of a 26% reduction from 2013 levels by 2030. The annual white paper, which describes trends and the status of key initiatives, […]
Miura Co Launches Fuel Cell Product in Japan With Ceres Power Technology
HORSHAM, England: Ceres Power, the developer of SteelCell®, a world-leading, low cost Solid Oxide Fuel Cell (SOFC) technology, and Miura Co., Japan’s leading industrial boiler manufacturer, are today announcing a first fuel cell product launch using Ceres technology. This new fuel cell system is a 4.2kW combined heat and power unit (CHP) targeting the commercial […]
Autogrid ramps up involvement in Japan’s VPP space
US software and data company Autogrid has continued its roll-out of solutions into Japan’s evolving electricity market, joining a virtual power plant (VPP) project that could add more than 10,000 assets by the end of 2021. Autogrid has been one of the prominent early movers in aggregating distributed energy resources (DERs) including solar, battery energy […]
India inching towards meeting Paris Agreement targets: RK Singh at G20 ministerial meet
India is implementing one of the largest renewable energy expansion and energy efficiency programmes and is moving towards achieving the target to fulfill the country’s commitments made in Paris Agreement, said Power and New and Renewable Energy Minister RK Singh on Saturday. The minister made these remarks at the G20 Ministerial Meeting on ‘Energy Transitions […]
Japan sets carbon-neutral goal as UK plans climate laws
Japan has joined Britain in pledging to become carbon neutral later this century, as the world races to prevent catastrophic climate change, but critics blasted Tokyo’s plan as unambitious. While Britain on Wednesday outlined plans for fast-track legislation that would reduce carbon emissions to net zero by 2050, Japan’s policy only pledges to meet the […]
Japan plans carbon emission cuts, more nuclear energy
Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]