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Week In ASEAN: Majuperak Holdings Bhd Plans To Build A Floating Solar Farm; PT Hitachi Astemo Bekasi Manufacturing Inaugurates Solar Power Generation Facility; And More

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Majuperak Holdings Bhd Plans To Build A Floating Solar Farm In Perak

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Perbadanan Kemajuan Negeri Perak’s 55% owned company Majuperak Holdings Bhd will collaborate to develop assets on land banks totalling 857.75 acres in the city of Perak. MHB stated that it has entered into a Memorandum of Understanding with PKNPk in order to jointly develop PKNPk’s lands at Bidor, Seri Iskandar and Tronoh to support residential property development. MHB’s subsidiary, Nexusbase Developments Sdn Bhd has been selected as the master developer of mixed property development projects. MHB is involved with property development and facility management, and it will also explore opportunities in PKNPk lands in Bazar Ipoh as well as Teluk Batik. MHB plans to build a floating solar farm in Perak. It cites approximately 1,300 acres worth of water bodies.

PT Hitachi Astemo Bekasi Manufacturing Inaugurates Solar Power Generation Facility At Hitachi Astemo Bekasi, Indonesia

PT Hitachi Astemo Bekasi Manufacturing, located in Bekasi, West Java, Republic of Indonesia, a group company of Hitachi Astemo, Ltd., held an inauguration ceremony for a roof-installed solar power generation facility. To help the Hitachi Group achieve carbon neutrality in its business and production activities by fiscal 2030, Hitachi Astemo Bekasi has introduced an off-balance sheet, solar power generation scheme in which the company does not own the solar power generation equipment installed at the plant, and instead pays for the electricity it consumes based on the amount it generates. In line with this scheme, the solar panels will start by generating 1,248 kW of electricity and are expected to generate up to approx.1,600 MWh per year in 2022, aiming to reduce emissions by approx.1,200t-CO2 per year.

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Malaysia Marine And Heavy Engineering Sdn Bhd Secures A Contract From Sarawak Shell Berhad For Developing Solar-Powered Offshore Platform In Malaysia

Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), has secured a contract from Sarawak Shell Berhad (SSB) to undertake the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project, off the coast of Sarawak, offshore Malaysia. The platform will comprise a topside, a 4-legged jacket and piles. Upon completion, the platform will be installed in a water depth of 140 metres (m) within the SK318 area, off the coast of Bintulu, Sarawak. This unmanned platform will be primarily powered by renewable energy where it will utilise power from solar panels. With a design life of 20 years, it will cater for up to 800 million standard cubic feet of gas per day with a start-up targeted in 2026 supplying natural gas to the PETRONAS LNG Complex in Bintulu, Sarawak.

Also Read  MNRE Issues Amendment in the Guidelines for Tariff Based Competitive Bidding Process for Power Procurement from Grid Connected Wind Solar Hybrid Projects

The Electricity of Vietnam Proposes Rapid Development of Solar, Wind Projects, And Storage Systems in the Northern Region

The Electricity of Vietnam (EVN) has just proposed to the Government and the Ministry of Industry and Trade (MOIT) to make the mechanisms for rapidly developing renewable energy projects in the Northern region to avoid the risk of electricity shortage in the near future. According to this proposal, by 2025, about 5,500 MW of renewable energy projects will be put into operation (including wind power with a capacity of 4,000 MW and solar power with a capacity of about 1,500 MW, together with the appropriate storage systems for meeting demand capacity during peak hours).

BayWa r.e. Expands Solar Distribution Business To Serve Malaysia

BayWa r.e., a leading global renewable energy solutions provider, has announced the expansion of its Solar Distribution business into Malaysia at the International Greentech & Eco Products Exhibition & Conference Malaysia 2022 (iGEM 2022). This will enable further growth of renewable energy in the country, in line with BayWa r.e’s own goal to make solar energy more readily available throughout Southeast Asia. BayWa r.e.’s Solar Distribution business provides top-tier and high-quality solar components such as PV modules, mounting systems, energy storage solutions, and monitoring management systems supporting the growth of various solar players.

Also Read  Sungrow And The Provincial Electricity Authority of Thailand Signs MOU On Green Hydrogen Business      

Renewables Key For Thailand To Overcome Dependency On Fossil Fuel Imports, Says Report

Renewable energy development is key for Thailand to cut its dependency on fossil fuel imports, as gas-based thermal power generation accounted for nearly 61.3% of the country’s annual electricity generation in 2021, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thailand Power Market Size, Trends, Regulations, Competitive Landscape and Forecast, 2022-2035’, reveals that depleting natural gas reserves and rising fuel import bills have become major challenges for Thailand. The country’s natural gas reserves are expected to decline sharply by 2030 if no new reserves are found.

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