Sembcorp Aims To Have 10 GW Installed Renewable Energy Capacity By 2025
Sembcorp Industries (Sembcorp) unveiled its strategic plan to transform its portfolio from brown to green, with growth driven by its renewables and integrated urban solutions businesses. To support the global energy transition and sustainable development, Sembcorp aims to grow profit contribution from its sustainable solutions portfolio from a current 40% to 70% by 2025. By 2025, its renewable energy portfolio is targeted to achieve a compounded annual growth rate (CAGR) of 30% and its integrated urban solutions portfolio a CAGR of 10%. Central to its strategy is also its commitment to bold climate action to halve Sembcorp’s greenhouse gas (GHG) emissions by 2030 and deliver net-zero emissions by 2050.
Green Heat Targets To Install More Solar Panels In Philippines
Green Heat Corp. which is a Philippines based company, is targeting to complete more solar rooftop projects with a capacity of at least 6 megawatts (MW) to as much as 12 MW in the next 5 years. Green Heat General Manager Roberto Martin said that despite the pandemic, they have planned to complete about 6MW of solar rooftop at a minimum and a maximum of 12MW this year. It will depend on the situation, especially the limitation on travel, but that’s already in the pipeline. 6MW is a very short target and 12MW is a dream for the company.
Sharp to Install Large-scale Solar Power System On Rooftop Of Major Tire Plant in Thailand
Sharp Energy Solutions Corporation (SESJ) will be installing a roof-mounted solar power system at a plant of one of Thailand’s major tire manufacturers, the Deestone Group. With an output of approximately 4.99 MW-dc, it will be one of the largest capacity plant rooftop solar power installations that SESJ has built in Thailand. The new solar power system will be installed on the rooftop of a passenger vehicle tire plant of Svizz-One Corporation Ltd., a manufacturing base of the Deestone Group located in Nakhon Pathom Province, central Thailand. SESJ will handle the engineering, procurement, and construction of the system. Completion and start of operations are scheduled for the end of March 2022. The system’s annual power-generation capacity is estimated to be approximately 7,293 MWh. Using all of that generated electricity at the plant will equate to a reduction in greenhouse gases of roughly 2,326 t-CO2/year.
Renewables Need To Be The Focus Of Indonesia’s Net-zero Pledge
A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that while nuclear is promising as a baseload substitute for coal power, it currently has no technical, financial, or market viability in the Indonesian context. Author of IEEFA’s report Elrika Hamdi says that Indonesian nuclear power supporters often promise that nuclear power will be an affordable, safe and sustainable solution for the problem of over-reliance on fossil fuel. Yet, 70 years after the first nuclear power developments were announced, the technology is quickly losing market share as global power markets pivot toward more cost-competitive renewables and storage solutions.
Sunseap To Build Rooftop Solar For 3 Schools In Singapore
Sunseap Group said that three schools in the north-eastern part of Singapore have begun to tap electricity generated from rooftop solar systems it had installed at the end of April 2021. The three schools are Horizon Primary School, Compassvale Primary School and Edgefield Primary School, and their rooftop solar systems will generate 397.44 kilowatts peak (kWp), 190.44 kWp and 389.16 kWp of energy, respectively. Combined, they are enough to power 297 four-room Housing & Development Board (HDB) flats. The installations, which began in November 2020 are part of the fourth solar leasing tender awarded to Sunseap under the HDB’s SolarNova programme (SolarNova 4) in 2019. Under the tender, Sunseap will install more than 170,000 solar panels across HDB blocks and government sites between 2020 and 2022. Sunseap is currently working on the installation of rooftop solar systems at six other schools, namely Anderson Primary School, Kranji Secondary School, Catholic High School (Primary), Methodist Girls’ School (Primary and Secondary) and Tampines Primary School.
TotalEnergies Completes Rooftop Solar Construction For Betagro in Thailand
TotalEnergies has completed the construction for 24 facilities of solar-powered rooftops for Betagro across Thailand. This is one of the largest corporate solar portfolios in Southeast Asia and will be offering clean energy to Betagro through 20-year corporate power purchase agreements (CPPAs). An estimated 38 GWh of renewable electricity per year will be generated by this 25 megawatt-peak (MWp) system which is about 10% of the company’s total power consumption. It will reduce CO2 emissions by 26,000 tons per year, comparable to approximately 4,300 fewer cars on the road. Constructed within 6 months, the solar photovoltaic (PV) system combines more than 62,000 solar panels, equivalent to covering 36 soccer fields. TotalEnergies provided all the capital investment for the project and now provides renewable energy to Betagro through 20-year power purchase agreements, allowing the company to operate in line with its purpose while achieving significant savings on electricity.
Blueleaf Energy And SunAsia Partner To Develop 1.25 GW Solar Projects In The Philippines
Blueleaf Energy, a portfolio company of Macquarie’s Green Investment Group, and SunAsia have entered into a partnership to co-develop 1.25 GW of solar projects in Luzon, Philippines. The partnership coincides with the forecast growth of the Philippine’s solar energy market. The country is increasingly focused on renewable energy, and targets the delivery of an additional 10 GW of solar energy by 2030, which would comprise in excess of 20% of its energy mix. The partnership brings together Blueleaf’s financial and deep in-house technical capabilities and SunAsia’s local development experience. Such collaboration is poised to significantly contribute to the achievement of the Philippines’ renewable energy goals.
