Japanese industrial giant Marubeni Corp has signed a landmark deal with Australian investor Providence Asset Group for the development of 30 community-based solar farms which will combine battery and hydrogen storage. The agreement will see Marubeni subsidiary SmartestEnergy buy the output from the 30 solar farms owned by PAG, which will have a combine generation […]
Can Solar Farms Help Save Bees?
Pairing solar farms with pollinator-friendly plants could be a win for both green energy and biodiversity. The solar boom is here. According to the Solar Energy Industry Association, solar energy prices have fallen over 70 percent in the past decade. New solar installations have grown almost exponentially in that time, and they’re going to have […]
Banpu Buys Solar Farms in Australia
SET-listed Banpu Plc, a non-oil energy conglomerate, has acquired two utility-scale solar farms in New South Wales, Australia, in a deal worth A$97.5 million (2.33 billion baht) to further increase its clean power generation capacity. The 110.9MW Beryl Solar Farm in Australia is a newly acquired asset of Banpu Plc. The new assets are Beryl […]
Australia Clears $1.8 Bln Power Line to Boost Renewable Energy
EnergyConnect, being developed by TransGrid and ElectraNet, is one of several interconnectors that Australia’s energy market operator has said are needed to prevent blackouts, while keeping a lid on power prices. MELBOURNE : Australia on Monday approved a A$2.28 billion ($1.76 billion) project to build the country’s longest power transmission line, which the country’s energy […]
Keppel Eyes Warburg Pincus’ Stake in CleanMax
CleanMax’s portfolio includes 380MW of large-scale solar farms in Karnataka and Tamil Nadu that supply electricity to corporate customers and 220MW of solar rooftop projects. The proposed transaction is valued at around $200 million, with Rothschild handling the sale process. The deal value includes new investments in Mumbai-based CleanMax NEW DELHI : Singaporean conglomerate Keppel […]
This Hybrid Hydro-Solar Power Venture Could Shape the Future of Thailand
Thailand is creating one the world’s biggest floating hydro-solar hybrid projects on the surface of a dam, which is close to completion. The state-run Electricity Generation Authority of Thailand (EGAT) aims to replicate this at eight more dams over the next 16 years.Head of the initiative Chanin Saleechan has said this could generate 2,725 megawatts […]
Forum: No Evidence to Suggest Floating Solar Farms Affect Environment or Weather
We thank Forum writers Philip Kwang (Lighter-coloured panels could ease heat effect, May 1), Peter Heng (Floating solar farms may do more harm to environment than good, April 28) and Leslie Lim (Installing rooftop solar panels may not result in much energy savings, April 24) for their interest in Singapore’s solar deployment efforts. Solar is […]
Floating solar farms may do more harm to environment than good
I would like to thank Forum contributor Leslie Lim for reinvigorating the discussion on whether solar panels are in fact counter-effective in reducing local warming Installing rooftop solar panels may not result in much energy savings. Most commercially available solar panels are between 15 per cent and 22 per cent efficient. The efficiency of solar […]
Farmers struggle to break into booming carbon credit market
When Microsoft Corp made a massive purchase of carbon credits in January, it turned to a relatively new source: farmers who plant crops meant to trap carbon in the soil. The credits are financial instruments generated by projects that reduce or avoid the release of greenhouse gases, such as solar farms or tree plantings. When […]
Singapore to use Floating Solar Farms as Land is Densely Populated
Singapore is giving a push towards sustainable energy, with floating solar farms. Being a densely populated country, they have limited land area. Innovative methods to meet the requirements in renewable energy production are much needed. The other sustainable energy production like wind, hydro, and biomass were ruled out as they need land. Furthermore, floating solar […]