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Alpina Energy Awarded S$117 Million Contract For Solarnova Phase 6 Project In Singapore

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Alpina Holdings Limited is an established Singapore-based specialist in providing integrated building services (IBS), mechanical and electrical (M&E) engineering services, and alteration and addition works to public and private sector projects announces that its wholly owned subsidiary, Alpina Energy Pte.Ltd., has been awarded a contract in Singapore with a provisional contract sum of approximately S$117million (the Solarnova Phase 6 Contract) by Novasix Pte. Ltd. The provisional contract sum is indicative only and may not be an accurate indicator of the actual revenue to be recognized by the Group under the Solarnova Phase 6 Contract as the final contract sum will depend on, inter alia, the actual energization capacity at the final design stage as well as during the implementation phase of the Project.

The Solarnova Phase 6 Contract is expected to be completed by the end of 2024 and is the latest single contract secured by the Group to date.

In March 2022, the Group’s wholly-owned subsidiary, Digo Corporation Pte Ltd, and Terrenus Energy Pte. Ltd., a renewable energy systems developer and solutions provider based in Singapore, were jointly awarded the sixth solar leasing tender under the SolarNova programme by the Housing & Development Board (HDB). Novasix is the joint venture company incorporated by Digo Corporation and Terrenus Energy to undertake the Project and as of the date hereof, Digo Corporation holds a 51.0% shareholding interest in Novasix, with Terrenus Energy holding the remaining 49.0% shareholding interest.

The Solarnova Phase 6 Contract involves the design, installation, construction, testing, and commissioning of solar photovoltaic systems for the Project, which aims to aggregate public sector demand for the installation of solar panels across 1,198 HDB blocks and 57 government sites. In addition, the Project includes the requirement to install smart electrical sub-meters at HDB blocks to monitor and analyze energy consumption patterns and the performance of common services at each HDB block.

The Solarnova Phase 6 Contract is not expected to have a material impact on the earnings per share and net tangible assets per share of the Group for the current financial year ending 31 December 2023.

The Group holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (BCA). Among these, the Group holds a ME03 (Solar PV system integration) Workhead registration, which allows the Group to undertake installation, testing, commissioning, maintenance, and repair of ground/building-mounted grid-connected solar PV systems for electricity generation.

Alpina’s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong, said, “Together with Terrenus Energy, we are delighted to have reached another key milestone in our renewable energy venture. For Alpina, it is much more significant as the provisional contract sum of S$117 million marks the largest single contract ever secured by the Group. With Alpina’s integrated capabilities and focus on operational excellence, we are well-positioned to build up our track record as an enabler for green energy. Solar energy is pivotal in mainstreaming renewable energy usage in Singapore, hence we look forward to working closely with our partners to bring the Project to fruition, generating steady commercial and environmental value in the long run for stakeholders.”

Tender & Policy Buzz India: SECI Announces Tender for 2000 MW Solar Projects in India; SECI Invites Bids for Up To 5 MW Rooftop and Ground-mounted Solar Projects and More

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SECI Announces Tender for 2000 MW Solar Projects in India with 25 Year PPA

The Solar Energy Corp. of India (SECI) has announced a tender to build 2000 MW of solar projects across India. The projects will be connected to the interstate transmission system and developed on a build-own-operate basis. SECI will sign a 25-year power purchase agreement with the successful bidders, and the power procured will be sold to various buying entities in India. The tender is open to new solar projects that are not yet commissioned or already accepted under any central or state schemes. Developers can submit a single bid for any quantity between 50 MW to the entire tendered capacity of 2000 MW, in multiples of 10 MW only. The total capacity allocated to a developer cannot exceed 2000 MW. The projects must be commissioned within 18 months from the signing of the PPA. The deadline for submission of soft copies of bids for the SECI’s 2 GW solar project tender is May 10, 2023, while the deadline for the submission of hard copies is May 12, 2023. The bids will be opened on May 15, 2023.

SECI Invites Bids for Up To 5 MW Rooftop and Ground-mounted Solar Power Projects

Solar Energy Corporation of India (SECI) has invited vendors to empanel for developing rooftop and ground-mounted solar power projects with a capacity of up to 5 MW. The projects will be developed in two categories – one for the residential sector on behalf of state implementing agencies and the other for government organizations under capital expenditure and renewable energy service company modes. The empaneled vendors will also have to ensure comprehensive operation and maintenance of the projects for five years. The last date to submit the bids is May 18, 2023, and the bids will be opened the following day. The bidders should have prior experience designing, supplying, installing, and commissioning grid-connected solar power projects.

West Central Railway Invites Bids for 12.5 MW Rooftop Solar Projects in Jabalpur, Bhopal, and Kota Zones

West Central Railway (WCR) has invited bids for the state-wise empanelment of agencies to install rooftop solar projects of 12.5 MW capacity at various locations in the Jabalpur, Bhopal, and Kota zones. The projects will be developed in two capacity ranges up to 100 kW and up to 500 kW. The last date to submit bids is April 25, 2023, and the projects must be commissioned within 240 days of receiving the work order. The developers must provide comprehensive operation and maintenance services for 25 years. The cost of the tender documents is Rs. 34,810, and the tender processing fee is Rs. 75,000 per MW at the time of PPA. Bidders must furnish an earnest money deposit of Rs.10.68 lakh/MW and a performance security within 30 days of signing the power purchase agreement.

SECI Awards Performance-Linked Incentives Worth ₹139.4 Billion to Solar Module Manufacturers

The Solar Energy Corporation of India (SECI), which is responsible for the development and promotion of solar energy in India, has announced the successful bidders who will receive a total of ₹13937.575 Cr under the second phase of the performance-linked incentive (PLI) program. The program is aimed at incentivizing the domestic production of solar modules in India with a target of manufacturing 39.6 GW of solar modules. The winning bidders will be eligible for the financial incentives based on their production capacity and efficiency of their solar modules. The auction has been divided into three baskets. In basket 1, a total of ₹7575.613 Cr has been allocated for facilities integrating polysilicon, wafer, cell, and module manufacturing of 15.4 GW capacity. In basket 2, a total of ₹5310.702 Cr has been set aside for facilities integrating wafer, cell, and module manufacturing of 16.8 GW and in basket 3, a total of ₹1051.26 Cr has been allocated for facilities integrating cell and module manufacturing of 7.4 GW.

Ministry of Power Releases Draft Scheme for Carbon Credit Trading in India

The Ministry of Power in India has released a draft titled “Carbon Credit Trading Scheme” for public feedback. The objective of the draft is to establish a framework for the Indian carbon market. Comments on the draft scheme can be submitted to the government until April 14, 2023. The proposed Energy Conservation (Amendment) Bill, 2022, which was passed by the Indian Parliament, empowers the Central Government to specify a Carbon Trading Scheme in consultation with the Bureau of Energy Efficiency (BEE). The ministry is currently finalizing the Carbon Credit Trading Scheme (CCTS). The scheme outlines that an ‘Accredited Carbon Verifier’ is an agency accredited by the BEE to carry out validation or verification activities in relation to the CCTS. Carbon credit trading aims to reduce carbon emissions and address climate change. The ‘Carbon Credit Certificate’ (CCC) is the certificate issued to the registered entity by the central government, or any authorized agency, in the CCTS. Each certificate issued represents the reduction or removal of one tonne of CO2 equivalent (tCO2e).

Himachal Pradesh Signs MoU with HLC Green Energy to Become India’s First Green State by 2025

The government of Himachal Pradesh has signed a memorandum of understanding with HLC Green Energy to make the state the “First Green State” in India by 2025. The project will attract an investment of over Rs 4,000 crore and create direct and indirect employment opportunities for about 2,500 people. The initiative is expected to lead to the creation of skilled labor in the state. The MoU was signed by Director Industries Rakesh Kumar Prajapati and HLC Green Energy LLC MD Sanjay Sharma in the presence of Industries Minister Harshwardhan Chauhan. Green hydrogen has the potential to significantly reduce greenhouse gas emissions, cut fertilizer prices, and contribute to the country’s economy through import substitution, according to the Chief Minister of Himachal Pradesh.

Week In Middle East: DEWA And Dubai Airports Discuss Enhancing Bilateral Cooperation To Support Sustainability; Trina Solar Signs 5-Year Partnership Agreement To Supply 500MW Module Shipments To Yemen; And More

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Representational image. Credit: Canva

DEWA And Dubai Airports Discuss Enhancing Bilateral Cooperation To Support Sustainability

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received a delegation from Dubai Airports headed by Paul Griffiths, CEO of Dubai Airports, to discuss enhancing bilateral cooperation between DEWA and Dubai Airports, in line with the strategic partnership between the two sides. The meeting aimed to exchange views to achieve common goals and support government directions. The meeting also discussed the latest developments in the project undertaken by Etihad Energy Services Company (Etihad ESCO), which is a wholly-owned subsidiary of DEWA. The project aims to retrofit a number of buildings at Dubai Airports to optimize energy efficiency.

Trina Solar Signs 5-Year Partnership Agreement To Supply 500MW Module Shipments To Yemen

Trina Solar and Al-Raebi for Trading signed a five-year partnership agreement to supply 500MW module shipments for Yemeni markets. Trina Solar will supply Al-Raebi in 2023 with 100MW of its n-type i-TOPCon module technology modules. This 5-year agreement will meet the country’s growing energy needs. The Vertex N series has been enhanced with the latest technology of iTOPCon cells, 210mm module technology, and cell efficiency of up to 22.4%. Module efficiency can reach 605W and 695W in residential, C&I photovoltaic, and utility settings. Al-Raebi is Trina Solar’s authorized distributor in Yemen. He will supply Trina Solar’s latest n-type i-TOPCon Vertex N PV modules based on 210mm technology to ensure partners’ high reliability and solid performance.

Oman’s Foreign Minister Meets With Germany’s Foreign Minister To Discuss Renewable Energy Projects

Oman’s Foreign Minister Sayyid Badr Albusaidi met with Annalena Baerbock, Foreign Minister of the Federal Republic of Germany, during his visit to Germany to participate in the Berlin Energy Transition Dialogue. The meeting discussed the friendship and constructive cooperation between the Sultanate and the Federal Republic. It focussed on the major joint projects that the two sides aspire to achieve, especially in the fields of renewable energy, green hydrogen, and its promising derivatives and technologies. The two sides discussed how to advance these projects in a way that secures mutual benefits and enhances their strategic partnership.

H2Pro Announces Partnership With Sumitomo Corporation For Green Hydrogen Projects

Israeli cleantech company H2Pro announces its agreement with Japanese Fortune Global 500 conglomerate Sumitomo Corporation (SC) to partner on a variety of green hydrogen initiatives. H2Pro, which develops the breakthrough 95% efficient E-TAC electrolyzer system, is forming partnerships worldwide with forward-thinking industrial players to integrate green hydrogen into their clean energy transition plans. Under the agreement, SC will integrate H2Pro’s E-TAC electrolyzers at the hundreds of MW scale, primarily for use in green ammonia projects. The agreement between H2Pro and its investor-turned-partner is a critical strategic move for H2Pro to scale its technology.

Proton Ventures Joins Dii Desert Energy And MENA Hydrogen Alliance To Accelerate Global Energy Transition

Proton Ventures is now an Associated Partner of Dii Desert Energy and a Member of the MENA Hydrogen Alliance. As a key player in the ammonia infrastructure, Proton Ventures is always looking for new partnerships and expanding collaborations throughout the value chain. By partnering with Dii Desert Energy we hope to accelerate the energy transition not only in the MENA region but globally. Paul Baan, CEO, of Proton Ventures, said, “Proton Ventures is privilege to join the Dii Desert Energy family as Associated Partner. The energy transition is a huge global challenge that cannot be solved by an individual company. Dii Desert Energy enables collaborations and partnerships across the value chain which is a prerequisite for a successful transition. Proton Ventures is looking forward to work together will all Dii Energy members.”

Huawei Digital Power Signs MoU With Elsewedy Electric T&D For Renewable Energy Projects In Egypt

Huawei Digital Power, a company that specializes in digital energy products, has signed an agreement with Elsewedy Electric T&D. This MoU focuses on clean and renewable energy including FusionSolar photovoltaic energy solutions. “Huawei supports the efforts of the Egyptian government to increase reliance on renewable energy. It supports the 2035 sustainable energy strategy. We look forward to working with El Sewedy Electric T&D in order to collaborate on national projects in the fields of solar energy solutions and car charging. This is in line with Egypt’s plans to shift toward clean energy, expand the use of electric vehicles in Egypt, and localize the electric vehicle industry in Egypt,” said Joey Ding CEO of Huawei Egypt’s Digital Power Business.

Standard Chartered Bank And Siemens Energy Issues First Green Guarantee For A Solar Project In Qatar

Standard Chartered Bank with Siemens Energy announces the issuance of the first Green Guarantee in Qatar. This historic initiative is a major milestone in increasing responsible and sustainable banking practices in Qatar. It also sets a new standard in the industry. A Green Guarantee was issued to Qatar for a Solar Power Project being developed in Qatar. It is expected that this project will play a significant role in Qatar’s national climate change plan. This plan aims to reduce Qatar’s carbon footprint and increase its energy independence. This Green instrument supports the project’s success and long-term sustainability.

Waaree Renewable Technologies to Execute 1 MW Green Hydrogen Project in Maharashtra

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Waaree Renewable Technologies Limited, formerly known as Sangam Renewables Limited, has been awarded a Letter of Intent (LOI) by Mahatma Phule Renewable Energy & Infrastructure Technology Limited (MahaPreit) to execute a 1 MW Green Hydrogen project in Maharashtra on a Built-Own-Operate basis. The project is expected to be completed within 12 months from the date of receiving the LOI, and will contribute to the development of sustainable energy infrastructure in Maharashtra.

Earlier this month, The Solar Energy Corporation of India (SECI) which is responsible for the development and promotion of solar energy in India, has announced the successful bidders under the second phase of the performance-linked incentive (PLI) program. The program is aimed at incentivizing the domestic production of solar modules in India with a target of manufacturing 39.6 GW of solar modules. The winning bidders are eligible for the financial incentives based on their production capacity and efficiency of their solar modules. In the winning list Waaree Energies is eligible for Rs 1923.24 Cr for manufacturing 6 GW of modules.

Waaree Renewable Technologies Limited is a leading Indian solar PV module manufacturer and EPC solutions provider. The company has a significant presence in the solar industry across India and globally.

Week In ASEAN: Metro Pacific Investments To Invest 2 Billion Pesos In SP New Energy; LONGi Enters Into Renewable Energy Cooperation As Framework Supplier In Singapore And Indonesia; And More

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Metro Pacific Investments To Invest 2 Billion Pesos In SP New Energy

Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investments company, has entered into a definitive agreement to invest 2.0 billion Pesos to acquire 1.6 billion common shares of SP New Energy Corporation (SPNEC) from SPNEC’s parent Solar Philippines Power Project Holdings, Inc. (SPH), with MPIC to be given the option to become the single largest shareholder of SPNEC. SPNEC is an integrated developer, owner, and operator of solar power projects listed on the Philippine Stock Exchange. MPIC, represented by its Chairman and President Manuel V. Pangilinan, and SPH, represented by its President and CEO Leandro Leviste, signed the agreement for the purchase of secondary shares of SPNEC. SPH will advance the proceeds to SPNEC to fund its land investments in Nueva Ecija, where the Company is developing what could be Asia’s largest solar project.

LONGi Enters Into Renewable Energy Cooperation As Framework Supplier In Singapore And Indonesia

A Memorandum of Understanding on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister, and Coordinating Minister for National Security, at the countries’ recent leadership retreat. The agreement will enhance Indonesia’s ability to develop renewable energy and will promote cross-border electricity trade for mutual benefit. As a local supplier, LONGi, represented by Dennis Guo, general manager for South East Asia, attended the signing ceremony.

Alternergy Holdings Corporation Debuts On Philippine Stock Exchange

Alternergy Holdings Corporation listed its shares on the Philippine Stock Exchange (PSE) making it the first company to debut on the stock market this year. The renewable energy (RE) firm raised Php 1.62 billion from its IPO. The amount will be used by the company to finance the development and construction of its Solana Solar and Lamut Hydro projects and for pre-development expenses of its various pipeline projects. ALTER will also use the funds to pay for accrued liabilities, for general corporate requirements, and as working capital to operationalize Retail Electricity Supply.

Meta Bright Group’s FBO Land To Provide Solar PV Plants For Five Non-Profit Institutions In Johor, Malaysia

Meta Bright Group Berhad is pleased to announce that its wholly-owned subsidiary, FBO Land (Setapak) Sdn. Bhd. (FBO), had issued offer letters regarding the solar program to five mosques and surau in Johor, to exclusively design, finance, install, construct, commission, operate and maintain the solar photovoltaic generating plants at the clients’ sites, leveraging on FBO’s status of a Registered Solar PV Investor (RPVI). All 5 clients have accepted the issued offer letters. The program entails a term of 21 years, with the Client to purchase all the renewable electricity generated by the plants at the site, thus generating recurring income to FBO. It also entails a 15% discount to prevailing Tenaga Nasional Berhad (TNB) tariff rates equipped with imbalance cost passthrough (ICPT) for the Client.

Bursa Malaysia, UMW Corporation, And Maybank Join Forces To Accelerate Green Finance With Centralised Sustainability Platform

Bursa Malaysia Berhad signed a Memorandum of Collaboration (MOC) with UMW Corporation Sdn Bhd (UMW) and Malayan Banking Berhad (Maybank) to deploy a Centralised Sustainability Platform. Working in collaboration with the London Stock Exchange Group (LSEG), Bursa Malaysia has developed and tested the Platform that will serve as a repository for listed companies’ ESG disclosures. The Platform will enable listed companies to reinforce their sustainability disclosures and accelerate the swift adoption of their supply chain’s carbon emissions, which also includes non-listed entities. The Platform will also help banks develop green financing products and services, that will incentivise and encourage decarbonisation of the corporate sector and their supply chain.

Coro Energy Plc Enters Revises Agreement For Potential 3.25 MW Solar Portfolio Acquisition In Vietnam

Coro Energy Plc, the South East Asian energy company with a natural gas and clean energy portfolio, announces that it has entered into a revised Heads of Terms with the shareholders of KIMY Trading and Service JSC, following its due diligence process, in respect of the potential 3.25 megawatts acquisition, announced on 25 November 2022. As announced on 25 November 2022, the Company entered into a period of exclusivity on a 100% interest in a leased rooftop solar portfolio in Vietnam across four locations close to Saigon with an aggregate generating capacity of 3.25 megawatts currently held by KIMY. The Portfolio has been operational for two years and benefits from an existing power purchase agreement with a remaining eighteen-year term, with the power off-taker being state-owned Electricity Vietnam (EVN).

Malaysia Well-Placed To Achieve Clean Energy Goals, Says IRENA Report

The International Renewable Energy Agency (IRENA) has recently released a report titled “Energy Transition Outlook: Malaysia”. The report analyses Malaysia’s energy system and provides insights into the country’s potential to transition to a low-carbon and sustainable energy system. Malaysia is among the most highly developed states of the Southeast Asia region and a founding member of the Association of Southeast Asian Nations (ASEAN). By 2050, the primary energy supply in Malaysia is expected to increase by 60% over that of 2018, while the country’s population is projected to rise to more than 40 million people. According to the report, Malaysia has made significant progress in developing its renewable energy sector in recent years, but there is still a long way to go in order to achieve the country’s clean energy targets.

Carlton Power’s Three Green Hydrogen Projects Shortlisted for UK Government Funding

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Carlton Power, one of the UK’s leading independent energy infrastructure development companies, has been successful in Round One of UK Government’s Hydrogen Business Model (HBM)/Net Zero Hydrogen Fund process. The company’s three projects entered into the HBM Round – at Trafford in Greater Manchester, Barrow-in-Furness (Cumbria) and Langage, near Plymouth (Devon) – have been shortlisted to receive financial support from the UK Government.

Subject to final agreements with the Government and final investment decisions for each project, Carlton Power is aiming to start construction of each project before the end of the year and for each of the projects to enter commercial operation in 2025.

The three schemes represent c£200m of direct investment, will replace c215GWh of natural gas and thereby reduce carbon emissions by c40,000 tonnes per annum from 2025.

Eric Adams, Carlton Power’s Hydrogen Projects Director said “We are delighted by today’s news. Our three projects will support the efforts of industry and transport operators in these areas to decarbonize. They will be a catalyst for new investment and employment to support the growth of the hydrogen economy across the UK. We are hugely grateful for all the support we have received to date – from our project partners – such as Kimberly-Clark, from local councils, local economic partnerships and businesses and parliamentarians from all parties.”

Carlton Power is developing additional green hydrogen schemes in other parts of the UK, some of which will enter into Round 2 of the Government’s Hydrogen Business Model process later this year.

Statkraft to Supply Renewable Power for FFI’s Green Hydrogen and Ammonia Project in Norway

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Thor Magnus Rovik – FFI Norway Country Manager and EVP Hallvard Granheim in Statkraft's business area Markets, signing the deal

Norwegian-based company, Fortescue Future Industries (FFI), has signed a conditional agreement with Statkraft, Europe’s largest renewable power generator, to provide renewable power to support FFI’s plans for a 300 megawatt green hydrogen and green ammonia facility.

The agreement is part of FFI’s goal to become a leader in green hydrogen and green ammonia production to help support global decarbonisation efforts.

The agreement is conditional upon a positive Final Investment Decision for the Holmaneset Project, which is currently in the feasibility phase.

FFI is conducting environmental, viability, and social studies to ensure the project concept is in line with Norwegian regulations, FFI’s environmental and social policies and values, and international good practice.

MGreen And Vena Energy Inaugurates 68 MW Garcia 2 Solar Project In Ilocos Norte

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A file photo of MGreen And Vena Energy Inaugurate 68 MW Garcia 2 Solar Project In Ilocos Norte

MGen Renewable Energy, Inc. (MGreen), a unit of the Manila Electric Company group with Vena Energy have achieved a commercial operation date for their 68-megawatt solar farm project in Currimao, Ilocos Norte.

The “Garcia 2” solar farm facility, which is owned by Nuevo Solar Energy Corporation (NSEC), has been officially switched on. This provides valuable supply addition to Luzon’s grid just in time for peak demand this summer.

Jaime Azurin, President and CEO of MGen stated that the project has been completed. “We now embark on a new chapter of our partnership with Vena Energy. We start the commercial operations for NSEC.”

He stressed that the integration of the solar farm into commercial operations was always part of the MGen group’s shared aspiration to provide clean and sustainable energy – one that is aligned towards accelerating “the country’s energy transition.”

Azurin stated that their company will continue to invest in clean and sustainable energy sources. MGreen has a 1,500 MW pipeline of renewable energy projects, with an execution timeframe of 5 years.

The new-powered plant will supply power to MPower (a licensed retail electricity supplier), an affiliate company of MGen in the Meralco group.

Vena Energy Philippines’ head Samrinder Nehria stated that the Garcia solar project is a milestone in their collective efforts to create a sustainable future.

He stated that this partnership venture with MGen was a testimony to their joint experience and expertise in delivering the project successfully within a 12-month time frame. We look forward to future collaborations like this.”

Key local leaders witnessed the switch-on, which will be used as an additional source of clean energy development in Ilocos Norte – now thriving as a hub of green power facilities in the country – as well as Governor, Matthew Joseph Marcos Manotoc, Currimao Mayor, Edward Quilala, Vice Governor, Cecilia Araneta Marcos, and Eugenio Angelo Barba, Congressman from the Second Congressional District of the province.

SolarQuarter Africa Jan-Feb 2023 Issue

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SolarQuarter Africa Jan-Feb 2023 Issue

SolarQuarter is thrilled to present the latest issue of our Africa magazine, packed with exclusive industry expert interviews, thought-provoking opinions, and innovative company features that highlight the latest developments and trends in the fast-growing solar industry on the continent. Our insightful research articles provide in-depth analysis and valuable information on topics such as policy and regulatory changes, investment opportunities, and emerging solar technologies that are shaping the industry’s future in Africa. Our company features showcase some of the most innovative solar products and solutions available in the region, providing valuable insights into the latest technological innovations and trends in the industry. Whether you’re a solar professional, policymaker, or simply a solar enthusiast, SolarQuarter Africa is your essential guide to staying informed and up-to-date on the latest news and developments in the dynamic African solar market.

NTPC Records Highest-ever Power Generation of 400 BU in FY23, Aims for Half RE Capacity by 2032

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Representational image. Credit: Canva

NTPC Ltd, India’s largest integrated power generator, has registered the highest-ever power generation of 400 BU in FY23, a growth of 10.80% via-a-vis previous year.

NTPC continues to demonstrate an upward trend in coal production from its captive mines with a coal production of 23.2 Million Metric Tonnes (MMT) with a robust growth of over 65% vis-à-vis the previous corresponding year.

NTPC has taken several steps to augment the coal production from its coalmines. The use of high-capacity dumpers as well as an increase in the existing fleet size of excavators has allowed the operational mines to increase production.

NTPC has set an ambitious goal of reaching half its installed capacity through Renewable Energy (RE) by 2032, to serve the nation and support its de-carbonisation goals. During the financial year, FY 23, the company registered a growth of 24.24% in a non-fossil portfolio.

NTPC Group installed capacity stands at 71594 MW.

Azure Power Global Limited Appoints Gowtamsingh Dabee as Independent Director on the Board

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Gowtamsingh (Vikash) Dabee Appointed Independent Director on the Board of Azure Power Global Limited

Azure Power Global Limited (Azure), an independent sustainable energy solutions provider and renewable power producer in India, announced two changes in its Board of Directors.

Gowtamsingh (Vikash) Dabee joined as an Independent Non-Executive Director on the Company’s Board effective March 30, 2023. Mr. Dabee has over 25 years of experience as a professional accountant in public practice and industry in Mauritius, Africa, and the Middle East. Mr Dabee is a Partner of GD Riches Chartered Accountants and is an auditor, public accountant, and insolvency practitioner in Mauritius. Prior to that, he served as the CFO and Company Secretary of a multinational corporation in Mauritius where he was instrumental in implementing SOX internal control systems for the group subsidiaries. He also worked with the representative office of Andersen Worldwide in Mauritius and the Arthur Andersen Office in Dubai.

Mr. Dabee is an Associate Member of the Institute of Chartered Accountants in England and Wales (ICAEW) and a Fellow of Chartered Association of Certified Accountant (FCCA). He holds an MBA from Surrey Business School, University of Surrey, UK and an Advanced Diploma in International Tax from the Chartered Institute of Taxation UK (CIOT).  He is a registered insolvency practitioner in Mauritius and a member of INSOL.

Mrs. Yung Oy Pin (Jane) Lun Leung has resigned from the Board with effect from March 16, 2023 due to personal reasons. Mrs. Lun Leung had been an Independent Director of the Company since November 2019.

Speaking on this occasion, Alan Rosling, Chairman of the Board, said, “We are delighted to welcome Vikash to the board. He has years of professional experience in audit and accounting and brings a wealth of expertise to Azure Power. We are confident that Azure will greatly benefit from his vast experience in these fields. We would also like to express our sincere gratitude to Jane for her guidance on the Board during her tenure.”

Gowtamsingh (Vikash) Dabee said, “I am privileged to join the Board of Azure Power, a leading company in the Indian renewable industry. I am looking forward to working closely with esteemed members on the Board and the management.”

Yung Oy Pin (Jane) Lun Leung said, “I would like to express my thanks to the Board and the management for their support during my tenure. I wish Azure continued success in all its endeavours and I am confident that it will continue to thrive as a leading renewable energy player in India.”

Commenting on the occasion, Rupesh Agarwal, Acting CEO, Azure said, “We are pleased to welcome Mr. Dabee on our Board. I am confident that his extensive experience in audit, accounting and SOX will be an excellent addition on the Board and he will bring valuable insights that will help us in strengthening our internal controls. We are grateful to Mrs. Lun Leung for her valuable three years on the Board and wish her the best of luck.”

SECI Announces Tender for 2000 MW Solar Projects in India with 25 Year PPA

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Representational image. Credit: Canva

The Solar Energy Corp. of India (SECI) has announced a tender to build 2000 MW of solar projects across India.

The projects will be connected to the interstate transmission system and developed on a build-own-operate basis.

SECI will sign a 25-year power purchase agreement with the successful bidders, and the power procured will be sold to various buying entities in India.

The tender is open to new solar projects that are not yet commissioned or already accepted under any central or state schemes.

Developers can submit a single bid for any quantity between 50 MW to the entire tendered capacity of 2000 MW, in multiples of 10 MW only. The total capacity allocated to a developer cannot exceed 2000 MW. The projects must be commissioned within 18 months from the signing of the PPA.

Bid processing fees is 5 Lakh +18% GST for each project from 50 MW upto 90 MW, Rs. 15 Lakh + 18% GST for each Project from 100 MW and above, to be submitted through NEFT/RTGS transfer in the account of SECI, along with the response to RfS. EMD amount is Rs 11,58,000/MW per Project to be submitted in the form of Bank Guarantee.

The deadline for submission of soft copies of bids for the SECI’s 2 GW solar project tender is May 10, 2023, while the deadline for the submission of hard copies is May 12, 2023. The bids will be opened on May 15, 2023. Interested bidders must ensure that they meet all the eligibility criteria and submit their bids in accordance with the guidelines provided in the tender documents.

View the tender document for more details:

UK To Launch British Investment Partnerships To Support Clean Energy Transition In The Philippines

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Representational image. Credit: Canva

UK Minister for Indo-Pacific, Anne-Marie Trevelyan, will visit Manila to formally launch British Investment Partnerships (BIP) in the Philippines. Working with the Philippine government and private sector partners, BIP will mobilize high-quality, reliable investment and technical expertise to support sustainable infrastructure development and the transition to clean energy in the Philippines.

BIP builds on ongoing work by UK development finance institutions, which provide funding and expertise to support resilient growth in the Philippines. This includes the UK’s Mobilist programme, which is investing in green energy, including $25m in financing for the Philippines’ first solar plants on Negros Island. British International Investment (BII), the UK’s longstanding development finance programme, will also expand investment in green infrastructure projects in the Philippines.

Minister for Indo-Pacific Anne-Marie Trevelyan said, “The Philippines is an economic and environmental powerhouse, which stands on the frontline of climate change and other global challenges. Through British Investment Partnerships, we will support the development of high-quality, sustainable infrastructure to accelerate the transition to clean energy and secure a prosperous and resilient future for the Philippines.”

Sabana Industrial REIT Partners With Keppel EaaS To Install Solar PV Systems Across Its Properties In Singapore

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A file photo Mr Donald Han, CEO of the Manager of Sabana Industrial REIT and Mr Lim Yong Wei, GM of Keppel EaaS, at the signing of the MoU.

Sabana Real Estate Investment Management Pte. Ltd., the Manager of Sabana Industrial Real Estate Investment Trust (Sabana Industrial REIT), announces that Sabana Industrial REIT has entered into agreements with Keppel EaaS, a wholly owned subsidiary of Keppel Infrastructure, to implement sustainability solutions and initiatives across the REIT’s selected portfolio properties. 

The REIT will also be partnering with Keppel EaaS to install Solar PVs across four of the REIT’s properties at 10 Changi South Street 2, 34 Penjuru Lane, 3A Joo Koon Circle, and 1 Tuas Avenue 4. The target completion for 10 Changi South Street 2, 34 Penjuru Lane, and 3A Joo Koon Circle will be by the end of 3Q 2023, and 1H 2024 for 1 Tuas Avenue 4. 

The Solar PVs, which are to be deployed and maintained by Keppel EaaS, will have an installed capacity of 4.7 Megawatt peak and are able to collectively produce over 5,700 Megawatt hours per year, sufficient to power over 1,700 3-room HDB flats for a year. This is expected to reduce over 43,000 tonnes of carbon emissions over the project lifecycle of approximately 25 years for the four properties, equivalent to the carbon abatement of planting 30,000 trees. Furthermore, the Solar PVs will also enable the REIT to benefit from lower energy consumption. 

In addition, Sabana Industrial REIT and Keppel EaaS also signed a Sustainability Partnership MoU. Under the terms of the MoU, the REIT will leverage Keppel EaaS’s Energy-as-a-Service (EaaS) to work towards becoming one of Singapore’s first Carbon Neutral Industrial REITs by 2040.

As part of EaaS, the possible implementation of smart cooling with zero upfront capital expenditure is one such initiative under study by Keppel EaaS for selected REIT portfolio properties to reduce energy consumption and maintenance costs for the REIT. 

This also includes the installation and operation of energy-efficient chiller systems, renewable energy certificates, and green electricity supply over the long term with Keppel EaaS serving as the one-stop solutions provider. As such, its customers enjoy long-term energy savings as well as carbon emissions reduction. 

Mr. Donald Han, Chief Executive Officer of the Manager of Sabana Industrial REIT, explained, “We are committed to doing our part in reducing the carbon footprint in Singapore and contributing to sustainable development. We have taken tangible steps to align our business objectives with sustainability by integrating green initiatives across selected portfolio assets such as our ongoing energy and water reduction initiatives. We are pleased to partner with Keppel EaaS in our journey as we intensify our sustainability efforts with the implementation of electric vehicle charging stations at New Tech Park and the planned installation of solar panels at the REIT’s selected assets. Through this partnership with Keppel EaaS, the REIT will not incur capital expenditure outlay for the solar panel installation, and in addition, the REIT will benefit from potential cost savings as solar energy consumed is charged at a preferential rate.”

Mr. Lim Yong Wei, General Manager of Keppel EaaS said, “We are pleased to partner with Sabana Industrial REIT in their sustainability journey through the agreements and look forward to working closely with them to make carbon neutrality a reality for the REIT. We are also heartened that our EaaS solution which offers businesses a road to carbon neutrality with zero upfront capital investment resonates strongly with our customers. We are looking at scaling Keppel’s EaaS solution rapidly in Singapore and are in talks with players across the region to implement this overseas as well.”   

The contracts and MoU firmly support the commitment by the REIT and Keppel to embed sustainability into their business operations and are also aligned with Singapore Green Plan 2030.

Hartek Solar Bags 22 MW Floating Solar Project from SJVN Green Energy

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India, Hartek Solar, the renewable and solar EPC business unit of the Hartek Group, has been awarded a contract by SJVN Green Energy Limited to build a 22 MW floating solar PV power project at Nangal Pond, District Bilaspur, Himachal Pradesh.

This project, upon commissioning, will become North India’s largest floating solar power plant. The Project has been awarded by SJVN Green Energy Limited which is a wholly-owned subsidiary of SJVN limited. SJVN Limited, formerly known as Satluj Jal Vidyut Nigam, is an Indian public sector undertaking involved in hydroelectric power generation and transmission. The scope of the project includes complete EPC of the floating solar plant with 15 MW AC and comprehensive operation and maintenance.

The project is expected to have a DC capacity of approximately 22 MW and generate 33 million units of power output per year. This will significantly contribute to India’s decarbonization efforts and help the country achieve its renewable target of installing 500 GW of renewable energy capacity by 2030. The floating solar project is also expected to reduce carbon dioxide emissions by 763,000 tonnes annually, making a significant contribution to the nation-building effort.

Hartek Solar is among the top 10 rooftop solar EPC companies in India and is also one of the largest players in the floating solar segment. The company recently commissioned a 2 MW floating solar plant for CREST in Chandigarh. The 2 MW project’s foundation stone was laid by the Honorable President of India in October 2022.

Commenting on the project, Hartek Solar’s Founder and CEO, Mr. Simarpreet Singh, said, “We are delighted to have been awarded this project, which is a significant step towards decarbonization and meeting India’s renewable target of 2030. We are committed to providing clean energy solutions that contribute to the nation-building effort and are proud to be a part of this project.”

SECI Invites Bids for Up To 5 MW Rooftop and Ground-mounted Solar Power Projects

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Solar Energy Corporation of India (SECI) has invited vendors to empanel for developing rooftop and ground-mounted solar power projects with a capacity of up to 5 MW.

The projects will be developed in two categories – one for the residential sector on behalf of state implementing agencies and the other for government organizations under capital expenditure and renewable energy service company modes.

The empaneled vendors will also have to ensure comprehensive operation and maintenance of the projects for five years.

The last date to submit the bids is May 18, 2023, and the bids will be opened the following day.

The bidders should have prior experience designing, supplying, installing, and commissioning grid-connected solar power projects.

For the first category, the aggregate capacity should be at least 250 kW, while for the second category, the cumulative capacity should be less than 500 kW in the last seven financial years.

SECI will only conduct the first stage of empanelment for the residential sector in the Rooftop Solar Program Phase II, while the state implementing agency will carry out the second stage bidding process.

View the tender document here:

GE And Ecogreen Energy To Build Solar Project In Turkey

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GE announces that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be built in Nigde, Turkey. The scope of work includes the design, engineering, procurement, and commissioning of the Solar Power Station.

The Nigde Bor solar power plant is part of YEKA- GES4 launched in 2022 by the Ministry of Energy. It will enable the energy transition in the country and beyond, by helping Turkey continue the expansion of renewable energy resources and commission 10 GW of solar capacity between 2017-27, according to IEA, Turkey’s solar energy capacity is projected to reach 52.9 gigawatts with an increase of approximately 500% by 2035.

This project adds up to the 1.3 GW of solar projects GE is delivering in Turkey.

Prakash Chandra, Renewable Hybrids CEO, GE, said, “The potential for solar energy in Turkey is a reality. We are thrilled to be partnering with Ecogreen Energy on the projects and look forward to more opportunities to increase the penetration of renewable energy in Turkey and beyond.”

GE will partner with Ecogreen in the supply and services contract of an extended scope of equipment beyond inverter stations and commissioning services. Inogen will execute the local works to fulfill the EPC scope. GE and Inogen will work together again after having completed 1.3 GW of YEKA and Hybrids projects in Turkey.

Inogen managing partner Professor Ali Murat Soydan mentioned, “We are very happy and proud to partner with GE and support the company with local capability in Turkey”.

The FLEXINVERTER Solar Power Station is an integrated containerized solution that combines a solar inverter, medium voltage power transformer, and an optional MV Ring Main Unit, all integrated into a standard 20-feet ISO high cube container. The technology is a smart solution that helps deliver a reliable, cost-effective, plug & play, factory-integrated power conversion platform for utility-scale solar and storage applications. It helps reduce capital and operation costs and ensures a more reliable plant performance.

The FLEXINVERTER is a key component of GE’s Renewable Hybrids FLEX portfolio, designed to solve customer needs through multiple applications to enable dispatchable, green MWhs. It also includes the FLEXRESERVOIR and the FLEXIQ technologies. The FLEXRESERVOIR is a systems-integrated battery energy storage and power electronics solution for multiple configurations and market applications. FLEXIQ is a digital platform that provides design, operation, and fleet management solutions to enable grid compliance and maximize lifetime customer value.

JK Lakshmi Cement Commits to 100% Renewable Energy and Doubles Energy Productivity by 2040

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JK Lakshmi Cement, a leading Indian cement manufacturer, has committed to sourcing 100% of its electricity needs from renewable sources through joining the RE100 initiative.

The company aims to meet this target by 2040, which will make it the fourth cement firm globally to achieve this goal.

Additionally, JK Lakshmi Cement has also joined the EP100 initiative and pledged to double its energy productivity by 2040. As part of this commitment, the company has deployed LNG trucks for transporting raw materials and signed an agreement with Amplus Solar to set up a 56 MWp solar power plant for its Durg facility.

These efforts will significantly reduce the company’s carbon footprint and promote sustainability.

Indian businesses are leading on climate, said Mr. Atul Mudaliar, Head of Business Action, India, Climate Group, and more companies need to recognize the business case in taking bold and unprecedented action toward a climate-positive future.

DIFC Courts Expand Sustainable Digital Infrastructure At World’s Largest Solar-Powered Green Data Centre In Dubai

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A file photo of DIFC Courts Expand Sustainable Digital Infrastructure At World’s Largest Solar-Powered Green Data Centre In Dubai

The Dubai International Financial Centre (DIFC) Courts have entered a new phase of sustainability with the expansion of digital infrastructure storage at the world’s largest solar-powered green data centre.

Moro Hub is a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC). Its green data centre, which is located at the Mohammed bin Rashid Al Maktoum Solar Park, was inaugurated recently by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Chairman of Dubai Executive Council.

The facility’s integrated solutions are designed to provide next-generation services in the areas of digital transformation, cloud and hosting services, cybersecurity, IoT services and professional and managed services, as well as Moro services supported by ChatGPT technology.

His Excellency Justice Omar Al Mheiri, Director, of DIFC Courts, said, “The DIFC Courts, in partnership with Moro Hub, is pleased to enter this next phase of sustainable expansion of our digital infrastructure. This partnership is designed to meet our growing demand for more robust solutions and further increase a secure and reliable way to protect our critical data, applications, and systems from unexpected disruptions. As the DIFC Courts expand its digital ecosystem by offering new technology-driven services to the public, we strive to minimise downtime and ensure user data and systems are always available. We are also proud to complete this transition to Moro Hub’s facility during the Year of Sustainability and to further demonstrate our commitment to spearhead sustainable public court services and to strengthen the UAE’s sustainable economy.”

Moro Hub’s data centre will offer a range of colocation and disaster recovery services. With the latest in technology and infrastructure, the new data centre is designed to meet the stringent security and privacy requirements of businesses and is equipped with the latest in security and monitoring technology. The data centre is also designed to be highly scalable and flexible, allowing the DIFC Courts digital ecosystem to easily add or remove capacity as its needs change.

“We are pleased to collaborate with the Dubai International Financial Centre (DIFC) Courts. Moro Hub and DIFC Courts represent a shared vision that focuses on sustainability. We are confident that having them as key associates with our data centre will help both organisations accelerate towards the net zero goals strategically. Being equipped with the latest technologies and solutions, Moro Hub’s largest solar-powered data centre is a great platform for the DIFC Courts to host their critical data and information. We are confident that this transition will not only enable the DIFC Courts to increase efficiencies but also improve cost-effectiveness. Moreover, the data centre can provide the DIFC Courts with services to scale their needs as and when required, enabling them to make business-critical transactions with speed and ease,” said Mohammad bin Sulaiman, CEO of Moro Hub.

Moro Hub’s green data centre features ground-breaking solutions from Dell Technologies, Microsoft, and Huawei, including the latest advances in cybersecurity and cyber recovery as a service, cloud services, artificial intelligence (AI), Internet of Things (IoT), Moro Open Cloud and more. Using 100% renewable energy, the Uptime TIER III-Certified data centre has a capacity exceeding 100 megawatts (MW).

Essar’s Vertex Hydrogen Project Chosen to Help Build UK’s Hydrogen Economy

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Essar, an Indian multinational conglomerate, has welcomed the announcement made by the Department for Energy Security and Net Zero (DESNZ) regarding the selection of its Vertex Hydrogen project for one of the two hydrogen plants to help build the UK’s hydrogen economy.

The project has been chosen as part of Phase 2 of the cluster sequencing programme, which is supported by the UK government’s commitment to providing up to £20bn in funding for early deployment of carbon capture, usage, and storage (CCUS) to meet its climate commitments.

Essar’s investment plan also includes Essar Energy Transition (EET), which aims to invest $3.6 billion in developing a range of low carbon energy transition projects over the next five years, of which $2.4 billion will be invested at the Stanlow site in Ellesmere Port, UK. The Vertex Hydrogen project will produce some 350MW of hydrogen from 2026, making it one of the UK’s leading low carbon hydrogen businesses. Furthermore, the project will capture and store some 600,000 tonnes of CO2 using HyNet’s carbon-capture infrastructure.

The project will provide a decarbonization route to vital industrial and power generation businesses, thereby delivering job certainty and growth in a globally emerging sector. It will also be the critical first step in building a hydrogen economy in the North West.

Essar’s investment strategy is founded on the fact that hydrogen and biofuels are fast becoming globally significant fuels of the future and that the UK is positioned strongly to spearhead the rapid growth of the European low carbon fuels market.

Furthermore, EET estimates that approximately two-thirds of its aggregate cash flows could come from diversified low carbon sources before the end of the decade. As a core part of the HyNet cluster, Essar’s Stanlow site is in one of the only two hydrogen clusters in the country to potentially be supported through to full operations. The Stanlow refinery itself will achieve a 75% reduction in carbon emissions before the end of this decade and net-zero by 2040.