VNT Inks Deal with L&T to Provide Wireless String Monitoring Boxes for NEOM’s World’s Largest Green Hydrogen Plant

Pertamina International Shipping (PIS) and KARPOWERSHIP proudly announced the formalization of a groundbreaking General Partnership Agreement (GPA) aimed at developing vital energy infrastructure in Indonesia.

The partnership, solidified during COP28 in Dubai on Friday (1/12), signifies a joint commitment to delivering cleaner and more accessible energy solutions on a global scale.

The agreement, inked by PIS CEO Yoki Firnandi and Doğan Karadeniz, founding partner of KARPOWERSHIP, was witnessed by Nicke Widyawati, President Director of PT Pertamina (Persero), and Rabin Indrajad Hattari, the permanent secretary at the State-Owned Enterprises (SOE) Ministry of Indonesia.

Within the GPA, both entities will collaborate to explore and implement initiatives aimed at advancing Indonesia’s energy landscape and beyond. The focus areas encompass power generation leveraging cutting-edge Powership technology, unlocking gas assets through liquefaction (with potential Floating Liquefied Natural Gas – FLNG – development), collaboration on LNG infrastructural projects (including Floating Storage and Regasification Units – FSRUs – and small-scale LNG distribution), and extensive studies on alternative fuel sources like hydrogen, ammonia, methanol, and biofuels.

Nicke Widyawati highlighted that this collaboration reflects a commitment to the energy transition, crucial in ensuring Net Zero Emissions by 2060. “Collaboration entails exploring new business opportunities to optimize existing assets, such as floating mini-LNG and floating CNG facilities. We believe this development is pivotal in the energy transition as gas serves as a bridge to renewable energy,” added Nicke.

Doğan Karadeniz, the founding partner of Karpowership, emphasized the strategic significance of the collaboration, expressing eagerness to work with PIS in Indonesia and Southeast Asia, supporting countries in their energy transition paths.

This venture amalgamates Karpowership’s expertise in modular power generation efficiency with PIS’s commitment to ongoing energy transition and sustainable initiatives. The partnership establishes a flexible framework for exploring lucrative businesses contributing to the country’s economic development while accelerating the global transition to cleaner and more sustainable energy sources.

Masdar to Construct 150MWac Solar Facility in Angola, Fueling 90,000 Homes and Advancing Clean Energy Transition

By

Kavitha

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7th December 2023

Abu Dhabi-based Masdar, a global leader in renewable energy, unveiled plans to initiate a substantial 150-megawatt solar photovoltaic (PV) venture in Angola. This ambitious project aims to provide sustainable energy to approximately 90,000 households while fostering employment opportunities, bolstering economic growth, and reducing carbon emissions.

During the UN Climate Change Conference COP28 in Dubai, Masdar solidified its commitment by signing a concession agreement with Angola’s Ministry of Energy and Water. The agreement outlines Masdar’s responsibility to construct and manage a ground-mounted solar power initiative in the Quipungo region of the Hulia province, situated in southern Angola. This area, abundant in solar irradiation, currently grapples with unreliable access to electricity.

The initiative comes at a crucial time, addressing energy insecurity prevalent across Africa. In Angola, less than half of the population has reliable electricity access, a figure that significantly diminishes in rural areas. By 2025, Angola aims to elevate its national electrification rate to about 60%, a goal significantly supported by this initiative.

The agreement, signed by Angola’s Minister of Energy and Water, HE Joao Baptista Borges, and Masdar’s CEO, Mohamed Jameel Al Ramahi, underscores a mutual commitment to advancing sustainable energy solutions.

HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar, and President of COP28, emphasized Africa’s potential as a renewable energy hub. He reaffirmed the UAE’s support in fostering a just energy transition and expressed enthusiasm about the Angola project, which is expected to not only provide clean energy but also generate employment opportunities, further cementing the UAE’s collaboration with Africa.

Mohamed Jameel Al Ramahi, CEO of Masdar, highlighted the pivotal role of renewable energy in unlocking Africa’s economic potential. He stressed Masdar’s commitment to this cause, citing the company’s partnership with Infinity Power to expedite a just energy transition, aiming to deliver 10 gigawatts of clean energy in Africa by 2030.

The solar project in Quipungo, Huila, will significantly reduce carbon emissions by displacing over 224,000 tonnes annually, equivalent to removing 50,000 cars from the roads. Moreover, it is poised to revolutionize energy access for homes and businesses, catalyzing economic growth in sectors like agriculture.

This initiative aligns with Masdar’s broader commitment, announced during Abu Dhabi Sustainability Week 2023, to develop 5 gigawatts of renewable energy projects across Angola, Uganda, and Zambia. These initiatives fall under the Etihad 7 initiative, a UAE-led global development fund aiming to provide clean electricity to 100 million people in Africa by 2035.

LONGi Expands Environmental Protection Efforts with Program to Make Panda Conservation Carbon Neutral

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S.R.C. Roy

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7th December 2023

LONGi Green Energy Technology Co., Ltd. (LONGi), a global leader in solar technology, announced its new “Zero-Carbon Life Plan for Pandas” aimed at preserving biodiversity in China’s Qinglin Mountains. The plan includes a new partnership agreement with Shaanxi Foping National Nature Reserve and will focus on supporting panda conservation efforts at the reserve.

“As a leader in sustainable development through clean energy, LONGi is committed to exploring innovative ways we can use our technology to support environmental protection,” said Li Zhenguo, Founder and President of LONGi. “This special initiative is a great example of how LONGi is collaborating with new partners to realize our vision of a zero-carbon world while also supporting conservation efforts for one of China’s national treasures: the panda.”

As a part of the agreement, LONGi will donate a solar power plant with its latest module product of Hi-MO X6 for the nature reserve’s facilities to provide clean energy for scientists and researchers in support of their important conservation efforts. The “Panda Power Plant” will harness the sun’s energy to contribute to sustainable energy generation for the Foping National Nature Reserve. LONGi will also adopt its own “HiMO Panda” to show how scientists and researchers are leveraging solar power to care for the panda over the course of its life.

“We are incredibly grateful to have a new partnership with LONGi to begin transforming our national nature reserve to become carbon neutral,” said Dang Gaodi, Senior Engineer at Shaanxi Foping National Nature Reserve. “This is a great example of how NGOs and the Private Sector can come together to leverage different strengths to achieve a common goal.”

The “Zero-Carbon Life Plan for Pandas” also aligns with other global efforts to promote sustainable development. In particular, the “Zero-Carbon Life Plan” was created with the UN’s 17 Sustainable Development Goals in mind, specifically the goal 15 “Life on Land,” which aims to protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss.

“LONGi is committed to being a leader not only in the clean energy space but also in promoting environmental protection,” said Jiang Dongyu, Vice President of Distributed Business Group of LONGi. “We hope that through investments like the one we are making with the Shaanxi Foping National Nature Reserve, we can open the door to more possible partnerships with NGOs and researchers to show how solar technology can support biodiversity conservation around the world.”

Greening Up with Sunshine: International French School’s Sustainable Transformation Through TotalEnergies ENEOS Collaboration

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6th December 2023

The International French School in Singapore (IFS) transforms its campus with 1,180 solar panels, generating 900 MWh annually, reducing carbon emissions by 350 tons. In partnership with TotalEnergies ENEOS, IFS pioneers sustainability, inspiring a green future for global citizens. TotalEnergies ENEOS Renewables Distributed Generation Asia, a key player in renewable energy, supports IFS’s commitment to environmental stewardship.

The solar panel project at the International French School in Singapore is an educational opportunity for students to practically engage with renewable energy, sustainability, and climate change. It showcases the viability of renewable sources, inspiring future leaders in clean energy. Students delve into the technology behind solar panels, applying this knowledge across STEM disciplines. The partnership with TotalEnergies ENEOS signifies a commitment to a greener future, with over 900 MWh of annual renewable electricity and a substantial reduction in carbon emissions, marking significant strides toward sustainability.

“As educators, we have a responsibility to equip our students with the knowledge and skills they need to navigate a rapidly changing world,” added IFS Principal Mr David Binan. “Our partnership with TotalEnergies ENEOS allows us to embrace renewable energy and provides an invaluable educational opportunity. Integrating sustainability and clean energy concepts into our curriculum empowers our students to become environmentally conscious leaders who will shape a brighter future for all.”

“We are proud to collaborate with the International French School in Singapore,” noted Elodie Renaud, Director of TotalEnergies ENEOS Renewables Distributed Generation Asia. “Through this partnership, we aim to promote renewable energy awareness and sustainable practices among the younger generation. By combining our expertise and resources, we can create a significant impact towards building a sustainable future. This partnership is a testament to our shared values and commitment to sustainability.”

Masdar, EDF Renewables, and Nesma Renewable Energy Wins a Contract for a 1.1 GW Solar Project in Saudi Arabia

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6th December 2023

Abu Dhabi Future Energy Company PJSC – Masdar, EDF Renewables, and Nesma Company have inked a Power Purchase Agreement with Saudi Power Procurement Company (SPPC) for a 1.1 GW solar power plant. Situated in Saudi Arabia’s Al Madinah province, the project, set for completion in 2025, will generate power equivalent to 190,000 homes annually, averting over 1.8 million tonnes of CO2 emissions yearly.

Valued at $1 billion, the collaboration leverages the expertise of renewables leaders Masdar and EDF Renewables, alongside Saudi conglomerate Nesma Company. The SPPC awarded the project based on the most competitive bid, at USD 16.84 per megawatt hour. The Al Henakiyah Solar Power Plant underscores its commitment to the local economy. During construction, a minimum of 19% of equipment, materials, and services will come from Saudi companies. In the initial five operational years, 25% of the workforce will be Saudi nationals, increasing to 75% over the project’s lifetime. The plant aligns with Saudi Arabia’s ambitious target of achieving a 50% renewable energy share in its energy mix by 2030.

Mohamed Jameel Al Ramahi, Managing Director of Masdar, said, “Masdar is very proud to be developing one of the largest solar power plants in the world with our long-standing partners, EDF Renewables and Nesma Company. This project builds on the consortium’s previous successes in the country, including Dumat Al Jandal, the largest operating wind farm in the Middle East, and the South Jeddah solar power plant, with a capacity of 300 MW. The Kingdom of Saudi Arabia is a valued neighbor and key partner for Masdar. It has the ambition and resources necessary to promote decarbonization. Masdar, a leading global renewable energy company, is committed to supporting the Kingdom’s zero-carbon energy goals.”

Bruno Bensasson, Chairman and CEO of EDF Renewables and Executive Director of the EDF group in charge of the renewable energies division, added, “The Al Henakiyah solar project, with a capacity of 1.1 GW, is a new important step for EDF Renewables and its partners Masdar and Nesma Renewable Energy in Saudi Arabia. It would not have been possible without the full support of the Saudi Power Procurement Company (SPPC) and the Ministry of Energy. Together, we are committed to supporting Saudi Arabia’s Vision 2030 plan, which targets approximately 50% renewables in the Kingdom’s energy production capacity. Proposing a set of low-carbon solutions, including energy efficiency, renewable energies, nuclear power and carbon capture, is at the heart of EDF’s proposal for carbon neutrality. After the 400 MW Dumat al Jandal wind farm, currently in operation, and the South Jeddah solar park with a capacity of 300 MW, the outlook is promising. We are firmly committed to creating long-term value, supporting change in the Kingdom, today and for generations to come.”

Faisal Alturki, Chairman of the Nesma Group, noted, “Nesma Renewable Energy (NRE), specializing in renewable energy, is an integral part of our commitment to proactively support the clean energy and sustainability goals of the Vision 2030 plan. Saudi Arabia. We are therefore extremely proud of the role that NRE will play in delivering the Al Henakiyah Solar Project, a groundbreaking initiative in the Kingdom’s renewable energy strategy, and we are confident that the company will have an increasingly more important to play in the future.
“The Al Henakiyah Solar Project is a resounding confirmation of our position at the forefront of Saudi Arabia’s renewable energy industry. As an industrialist, we have embarked together on an ambitious journey that will make Saudi Arabia a true world leader in renewable energy production. This project represents an important step towards achieving this goal.

ICIEC And Standard Chartered Join Forces For Solar Electrification Project In Senegal At COP28

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6th December 2023

A file photo of ICIEC And Standard Chartered Partner For A Transformative Solar Electrification Project In Senegal

At COP28 in the United Arab Emirates, The Islamic Corporation for the Insurance of Investment and Export Credits (ICIEC), a multilateral credit and political risk insurer, and Standard Chartered, a leading international bank, signed a Non-Honoring of Sovereign Financial Obligation (NHSFO) agreement.

This landmark agreement supports the funding of a crucial project for the Senegal government’s Ministry of Finance, aiming to procure and install 50,000 off-grid solar-powered streetlamps across Senegal’s rural areas, marking significant progress in the nation’s renewable energy pursuit.

The ambitious project, valued at EUR 103 million, focuses on utilizing solar energy to power streetlights in rural areas, enhancing the quality of life, and supporting economic activities reliant on consistent energy access. It promises improved safety and security through well-lit streets, extended business hours, community gatherings, and fostering local economic growth. The project aligns with Sustainable Development Goals 7, 11, 10, and 17, emphasizing energy independence, security, and eco-friendly practices.

Oussama Kaissi, CEO of ICIEC, highlighted the collaboration’s significance, stating, “This initiative is not just about illuminating streets; it’s about empowering communities, enhancing safety, and sparking economic growth in rural areas.”

Sunil Kaushal, CEO of Standard Chartered Africa and Middle East, emphasized the bank’s commitment to supporting strategic infrastructure projects in Senegal, making it the first Green Loan provided by the bank to the Republic. The installation of solar-powered streetlamps is expected to uplift the lives of local communities and contribute to the Senegalese government’s climate goals. The partnership reflects a shared dedication to sustainable development and a greener, more illuminated future for rural Senegal.

Waaree Energies and IRCON Renewable Power Unite for 200 MW PV Module Supply in Karnataka

By

Sangita Shetty

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6th December 2023

In a significant move towards bolstering India’s renewable energy sector, Waaree Energies Limited, a prominent player in the field, has recently joined forces with IRCON Renewable Power Ltd. The collaboration aims to supply more than 200 MW of solar PV modules falling under the DCR (Domestic Content Requirement) category.

IRCON Renewable Power Ltd., a subsidiary of the public sector entity IRCON International Ltd., operates as a Special Purpose Vehicle entrusted with the responsibility of establishing a 500 MW grid-connected solar PV project. This ambitious project was secured through a contract awarded by the Indian Renewable Energy Development Agency Limited (IREDA). The designated location for the utilization of the supplied solar modules is Pavagada, Karnataka.

Expressing enthusiasm about the partnership, Sandesh Shetty, National Sales Head at Waaree Energies Ltd, highlighted the shared commitment to driving India’s transition to clean energy. Shetty emphasized Waaree’s dedication to upholding high standards of quality and reliability in their solar PV modules, essential for contributing to the success of the solar project undertaken by IRCON.

Waaree Energies Limited, boasting an impressive capacity of 12 GW, stands out as India’s largest solar module manufacturer in terms of installed capacity. Beyond manufacturing, the company also operates as an independent power producer. As of June 30, 2023, Waaree Energies has established its presence not only in numerous locations across India but also in over 20 countries globally, underscoring its position as a key player in the international renewable energy landscape.

Saudi Arabia Achieves Remarkable 300% Surge In Installed Renewables Capacity

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6th December 2023

In conjunction with COP28, the third edition of the Saudi Green Initiative (SGI) Forum showcased Saudi Arabia’s commitment to climate action and its strides towards achieving net zero by 2060. Launched in 2021 by Crown Prince Mohammed bin Salman, the SGI aims to unite the nation’s efforts in combating climate change and fostering sustainable innovation.

At the SGI Forum, Saudi officials underscored the Kingdom’s progress, with over 80 initiatives representing a colossal investment of over US$ 188 billion toward a greener future. Saudi Arabia is on course to reduce carbon emissions by 278 million tonnes per annum by 2030, aiming for a balanced energy mix of gas and renewables, each constituting about 50% of electricity production.

Since 2022, Saudi Arabia has connected an additional 2,100 MW of renewable energy to the grid, totalling 2.8 GW, a remarkable 300% increase in installed capacity. By the end of 2023, ongoing projects will push the production capacity of renewable energy beyond 8 GW, with an additional 13 GW in various stages of development.

The Kingdom’s efforts extend to transforming its power mix, with four high-efficiency gas-fired power plants of approximately 5,600 MW operational by December 2023. Furthermore, Saudi Arabia is advancing carbon capture and storage technologies with plants totalling around 8.4 GW.

In the pursuit of future-proof fuels, Saudi Arabia is investing in an $8.4 billion green hydrogen plant in NEOM, poised to become the world’s largest. The Kingdom has signed bilateral agreements in 2023 to produce and export clean and green hydrogen, contributing significantly to global clean energy goals.

SJVN Calls for Proposals to Secure Land for 200 MW Solar Projects in Assam

By

Sangita Shetty

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6th December 2023

alternative energy building clouds energy — Representational image. Credit: Canva

Subsidiary of SJVN, SJVN Green Energy, is seeking bids for the purchase or lease of up to 1,000 acres of land in Assam for a 28-year period in order to develop 200 MW of solar power projects, including connecting to the state electric utility system.

The deadline for submitting bids is December 26, 2023. It is the same day that the bids are opened.

All required regulatory approvals for the chosen land should be in place, and chain link fencing should enclose its boundaries.

It is necessary for bidders to provide a bid document that costs ₹5,900.

Bidders must provide the following earnest money deposit:
• For 200 acres – ₹5 Lakhs
• For 400 acres – ₹10 Lakhs
• For 600 acres – ₹15 Lakhs
• For 800 acres – ₹20 Lakhs
• For 1,000 acres and above – ₹25 Lakhs
The maximum number of land parcels that bidders may propose is 1,000 acres.

Each individual connected parcel must be 200 acres or a multiple of that size. Less than 200 acres of a single connected land parcel will not be taken into consideration.

The area will be increased to the closest multiple of 200 acres if the land parcel is larger than 200 acres but is not in multiples of 200 acre.

Further, the bidder’s quoted prices for that land parcel will also be adjusted or prorated in accordance with this adjustment.

A proposed land parcel that combines lease land and outright purchase will be rejected if it is submitted by a bidder.

The land may be situated inside a solar park as long as SJVN Green Energy is able to acquire it outright and transfer it to SJVN Green Energy in compliance with the policies and guidelines of the solar park.

The state’s nearest grid sub-station must be no more than 15 kilometres away by air, and the minimum estimated spare capacity is broken down into the following amounts: 200 MW for 1,000 acres, 160 MW for 800 acres, 120 MW for 600 acres, 80 MW for 400 acres, and 40 MW for 200 acres.

The bidder must either own at least 20% of the offered land parcel or have an agreement to sell it at the time the bid is submitted. After the last bid submission date, this agreement must be in effect for at least three months.

There should be no government limitations on the installation of a solar power project on the offered land, and the land cannot be in or within the restricted range of any defense establishment or wildlife-protected area.

Romania Joins the Global Solar Movement as the 118th Member Country of the International Solar Alliance

By

S.R.C. Roy

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6th December 2023

In a big boost to accelerate global adoption of solar energy, Romania officially joined the International Solar Alliance (ISA) as its 118th member country, signalling a robust commitment to advancing solar energy and contributing to global climate action.

Romania, under the leadership of H.E. Mr. Klaus Werner Iohannis, President of Romania, formally signed the framework agreement of the ISA, becoming a vital participant in the global effort to promote a solar-led energy transition. President Iohannis expressed his enthusiasm, stating, “I’m very glad that Romania joins the International Solar Alliance today. This shows Romania’s firm commitment to becoming a carbon-neutral country by using renewable sources of energy.”

President Iohannis emphasized the strategic importance of this decision in enhancing Romania’s energy security. He further highlighted Romania’s ambitious solar energy targets outlined in the National Energy and Climate Plan, aiming to install over 8 gigawatts of solar energy capacity by 2030, constituting 24% of the gross final consumption of electricity from renewable sources. He added, “By joining the International Solar Alliance, Romania will have a broader and deeper cooperation with India too, the host of the International Solar Alliance Secretariat, as well as with other countries interested in accelerating climate change mitigation. Romania aims to scale up its solar energy capacity and enhance national access to solar power at affordable prices. For this, we also need to cooperate at the global level through alliances like this one on solar, finance technology development, and capacity building. The accession to this alliance will support Romania in implementing its ambitious solar energy targets included in the national energy and climate plan by 2030.”

Dr. Ajay Mathur, Director-General of the ISA, welcomed Romania to the alliance, expressing optimism about the collaboration. “Romania was one of the first countries in the world to export oil, and I hope it now becomes a country that also exports electricity from renewables, specifically solar,” remarked Dr. Mathur. He outlined the ISA’s commitment to working with Romania on solar deployment, capacity building, and regulatory training programs.

H.E. Mr. Sebastian-Ioan Burduja, Minister of Energy, Romania, underscored Romania’s significant solar potential in Southeast Europe, emphasizing the country’s commitment to a clean energy transition. He noted the tremendous growth in the solar sector, with over 100,000 households adopting solar panels, contributing to Romania’s energy goals. He said, “Romania has the largest solar potential in southeast Europe. Study after study proves that we could exploit up to 20 GW of solar power, and the entire sector has seen tremendous growth in recent years. We have also announced a nationwide campaign called, “Energy for Life, Let’s Turn on the Light”. It targets over 50,000 households that have never had electricity, and we hope to involve the private sector and civil society in a nationwide campaign to make sure that no child has to study by the candlelight in Romania.”

The ISA, established during the COP21 in Paris, has been at the forefront of advancing solar energy initiatives globally. The framework agreement signed by Romania aligns with ISA’s key interventions focused on readiness, enabling activities, risk mitigation, and innovative financing instruments to promote and deploy solar technologies in target markets.

EKI Energy Services Ltd. and Indian Oil Corporation Limited (IOCL) Forge Partnership To Promote Sustainable Indoor Solar Cooking System

By

Shreya Shah

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6th December 2023

The collaboration aims to advance clean energy with ‘Surya Nutan’, an innovative indoor solar cooking system, designed and patented by IndianOil’s R&D division.
IndianOil introduces ‘Surya Nutan’ to promote clean cooking practices at the household level in India and other developing economies. This initiative aims to deliver quantifiable carbon emissions reductions and substantial developmental co-benefits.
EKI Energy Services takes the lead in managing the comprehensive production and distribution of ‘Surya Nutan’ while mitigating carbon emissions through carbon finance. With a proven track record, EKI has introduced clean cooking practices to over 2 million households in India and Africa, entirely funded by climate finance.

In a significant move towards advancing sustainable energy solutions for communities, EKI Energy Services Ltd., a leading carbon credits developer and supplier globally, and Indian Oil Corporation Ltd. (IndianOil), India’s flagship Maharatna oil company, have formalized a Memorandum of Understanding (MOU). This strategic collaboration aims to promote “Surya Nutan”, IndianOil’s innovative indoor solar cooking system.

IndianOil, the country’s largest fuel refiner and retailer, has a prominent presence across the entire hydrocarbon value chain. Aligned with the nation’s green goals, the Fortune 500 energy major has committed to go net zero by 2046 and is diversifying its portfolio to include alternative energy sources. One notable addition is the development of “Surya Nutan” an Indoor Solar Cooking System; a stationary, rechargeable, and always kitchen-connected indoor cooking solution based on IndianOil’s patented technology.

Under the MOU, IndianOil will share the technology of “Surya Nutan” with EKI to enhance its production and distribution, supported by carbon finance while contributing towards the betterment of society and environment. EKI will oversee the end-to-end management of ‘Surya Nutan’ encompassing manufacturing, marketing, installation, and the provision of after-sales services. This will be achieved by leveraging carbon finance, corporate social responsibility, or any other similar means.

This collaboration signifies a commitment to advancing clean energy practices and fostering a more sustainable future. The cooperative effort aims to bring about positive change by promoting accessible and eco-friendly cooking solutions in the market and the partnership underscores the joint efforts of EKI and IndianOil to drive positive change and contribute to India’s sustainable energy landscape.

Mr. Manish Dabkara, MD & Chairman, EKI Energy Services Ltd., said, “This collaboration stands as a testament to our unwavering dedication to promote community level decarbonization solutions. By promoting ‘Surya Nutan’, we are not just endorsing innovation but also embracing our responsibility towards the country’s environmentally sustainable development needs. This initiative resonates with our core values, marking a significant stride in our commitment to ushering in cleaner and more efficient energy alternatives in India.” “We believe that ‘Surya Nutan’ has the potential to revolutionize how we approach indoor cooking, aligning seamlessly with our vision for a greener and more sustainable future. We look forward to the positive impact this partnership can have on the lives of individuals and the environment, setting a new standard for responsible corporate collaboration in the pursuit of a better world.”,he added.

Being More Sustainable, Astronergy Continues To Strive In Eco-Products For a Greener World

By

Shreya Shah

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6th December 2023

“For the products, we keep improving the core cell tech as well as utilizing more environmentally friendly manufacturing processes to make products much greener, such as over 20% reduction of silver paste in a new product; for the company, we keeps promote our products’ market presence to benefit greener energy for customers, and boost overseas factories’ capacity expansions and new factory constructions under higher eco standards”, presented by Baohua He, Global Technical Service Director at Astronergy, at a PV Magazine Roundtable on December 5th, highlighting the company’s continuous strives and clear plans in sustainable development for itself and for benefiting our planet.

As an eye-catching online event focusing on PV industry and global issues, the PV Magazine roundtable attracted representatives from main industry players shared their currents and plans for tech development, insights on sustainability, how will PV products be sustainable, and what actions are in process or in plans to make our planet better.

“Astronergy is a company born with eco feature”, said Baohua in his presentation. “Our actions in pioneering n-type TOPCon PV modules are must-move for essential tech breakthrough for achieving higher power and lower carbon emissions, also a move for better efficiency leading to more green power generations”. As the first in the PV industry gained TüV Rheinland’s certification for its zero-carbon factory, Astronergy has set goals of 8 zero-factory upgrades as of 2028. As an important part of its Sustainability Strategy announced this year, the zero-carbon factory has enabled the company’s higher-standard manufacturing for low-carbon products.

Baohua added in his presentation that, in accordance with the accurate plans the company announced now, 2050 will be the benchmark for Astronergy to achieve carbon neutrality. To promote the goal’s achieving, Astronergy has been taking actions to improve green supply chain management from supply chain, product design, manufacturing, recycling and information disclosure; and has gained good results in ecovadis sustainability rating and STS traceability management system audit.

And with the basis of green tech and green management, Astronergy overseas manufacturing is also in the process of capacity expansion and new constructions. In a near future, Astronergy Thailand Manufacturing will have more manufacturing capacities, new base will start operation in Turkey base, and more bases would be ready in Europe, LATAM, Middle East and America.

“This year, we submitted commitment to SBTi and joined UNGC’s Forward Faster initiative to make the sustainability of us could be more in line with the global sustainable development strives, work together with enterprises in different industries to assist global energy transition and UN’s Sustainable Development Goals (SDGs)” Baohua told in his presentation.

‘For a greener world’ seems already been Astronergy Sustainable Strategy’s ultimate goal and becoming the company’s motto to help generate and utilize greener energy alive numerous families living in the planet.

Latest Report by SolarPower Europe Reveals Solar Investment Prospects in Kazakhstan

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6th December 2023

silver and black solar panels on snow covered ground — Representational image. Credit: Canva

SolarPower Europe unveils the latest edition of ‘Solar Investment Opportunities in Kazakhstan,’ providing updated insights on the country’s solar sector, economic and political advancements, and recent collaborations with the EU in renewables, green hydrogen, and battery value chains. This report features the newest solar capacity figures, auction details, energy mix data, and legislative amendments, offering a comprehensive overview for international investors.

Paolo Travaglini, Chair of SolarPower Europe’s Global Markets Workstream, said,“Kazakhstan holds the potential for a substantial growth of solar installed capacity thanks to its remarkable solar resources, a very well-designed auction system, and ambitious renewables and decarbonisation targets. In an evolving regulatory framework, this report aims at providing an important contribution to solar energy growth in the country.”

Benjamin Clarke, SolarPower Europe’s Business Analyst and Global Markets Workstream Coordinator, added, “Kazakhstan has all the right conditions to become a solar superpower. The flexibility and low cost of solar could play a massive role in decarbonising the country. This report will hopefully help to enable more investment, unlocking the country’s true solar potential.”

Scatec Signs Milestone Agreement At COP28 For Egypt’s First Hybrid Solar And Battery Project

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6th December 2023

At the UN Climate Change Conference COP28 in Dubai, Scatec ASA, a prominent renewable energy company, is championing the cause of renewable energy as a paramount solution to combat climate change. The focus is on urging increased investments in green energy, especially in emerging markets, to address the pressing global climate crisis.

COP28, a pivotal platform for global stakeholders, provides an opportunity for Scatec to align with climate experts and emphasize the urgency of transitioning towards the goals set in the Paris Agreement. The company underscores the critical role of renewable energy in shaping the world’s energy future, particularly in emerging markets.

In a significant move, Scatec has signed an early-stage cooperation agreement with the Egyptian Electricity Holding Company (EEHC) for a groundbreaking project—a 1 GW solar and 200 MWh battery storage initiative. The African Development Bank Group (AfDB) has also expressed intent to finance the project at competitive terms. This innovative project combines solar and battery storage technologies, addressing intermittency challenges, enhancing grid stability, and providing reliable, green power. The next steps involve securing land lease agreements and grid connections for the project.

Scatec CEO Terje Pilskog emphasizes the importance of these agreements during COP28, stating, “A project like the one initiated today reinforces our commitment together with Egypt and Norway to further accelerate the renewable energy transition.” The hybrid solar and battery storage plant holds promise for meeting region-wide energy needs during peak consumption periods.

As COP28 gathers leaders, civil society, and corporations, Scatec calls for sustained momentum in pursuing sustainable solutions. The company’s commitment to collaboration echoes the shared responsibility to address climate challenges, advocating for a resilient, green future. Scatec actively engages in conversations to expedite the green transition, leveraging projects to demonstrate achievable and scalable impactful change. The company sees key markets as untapped potential, serving as catalysts for regional and continental development.

Swift Current Energy Expands Partnership with First Solar through a 500 MW Order

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6th December 2023

First Solar, Inc. has won a contract to provide Swift Current Energy with 500 megawatts (MW) of cutting-edge Series 7 thin film modules. Swift Current Energy, a Boston-based firm specializing in utility-scale clean energy assets, has already procured 3.3 gigawatts of First Solar modules in 2022. This recent order, confirmed before the disclosure of First Solar’s Q3 2023 results on October 31, entails module deliveries scheduled between 2027 and 2028.

Swift Current Energy has successfully deployed over 2.5 GW of renewable energy projects, boasting a project pipeline exceeding 10 GW in solar, wind, and energy storage. With 1.4 GW currently operational or in advanced construction, Swift Current Energy is a key player in the clean energy sector. First Solar, renowned for its responsibly produced advanced thin film photovoltaic (PV) modules, sets industry benchmarks in quality, durability, reliability, design, and environmental performance.

First Solar’s Series 7 modules lead in having the lowest carbon and water footprint among commercially available PV modules, earning recognition in the Electronic Product Environmental Assessment Tool (EPEAT) global registry for sustainable electronics. As the largest solar manufacturer in the Western Hemisphere, First Solar operates with approximately 6 GW of fully integrated nameplate capacity in the US. The company’s strategic expansion aims to reach 14 GW in the US and 25 GW globally by 2026.

With a third Ohio factory commissioned and a 0.9 GW expansion planned in the state, First Solar is set to build new manufacturing facilities in Alabama and Louisiana, each with an anticipated annual nameplate capacity of 3.5 GW. These facilities, representing over $2 billion in investment, are expected to commence commercial shipments in 2024 and 2026, respectively. They will produce Series 7 modules, aligned with 100% US-made components as per current domestic content guidelines from the US Department of the Treasury.

Upon completion and ramp-up of the Louisiana factory, Series 7 modules are projected to constitute more than two-thirds of First Solar’s annual domestic nameplate capacity. Notably, Series 7 modules from the Ohio facility already incorporate US-made glass and steel.

“As we continue to progress our US development pipeline, certainty of pricing and supply is essential to ensuring that we deliver capacity as planned,” said Eric Lammers, co-founder and chief executive officer, Swift Current Energy. “This latest agreement with First Solar supports our effort to build a resilient, competitive value chain, while supporting investments in domestic manufacturing, along with the jobs and economic benefits that come with it.”

“We are thrilled that Swift Current Energy has chosen to extend its partnership with First Solar to 2028, entrusting a significant portion of its development pipeline to our technology,” added Georges Antoun, chief commercial officer, First Solar. “Their decision speaks volumes to the competitive value that we are able to deliver in terms of energy, certainty of pricing and supply, and an advanced PV module that is responsibly produced in America, for America.”

B.Grimm Power Subsidiary Acquires Amatera Renewable Energy, Boosts Clean Energy Portfolio In The Philippines

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6th December 2023

B.Grimm Power’s subsidiary, B.Grimm Solar Power Inc. (BSP), has acquired 100% of the shares in Amatera Renewable Energy Corporation (ARECO), a Philippine-based company undertaking a 65-megawatt solar power plant project on Negros Island.

The share purchase amounted to 5.4 million US Dollars. The project, expected to be operational in Q1 2025, holds long-term land rights and has received a Certificate of Confirmation of Commerciality from the Department of Energy of the Philippines.

This strategic investment aligns with B.Grimm Power’s goal to expand its clean energy business, contribute to the ASEAN region’s growth, and enhance its renewable energy portfolio in line with global trends.

The transaction is not considered a connected transaction, but it signifies B.Grimm Power’s commitment to sustainable business growth and strategic alignment with its overall energy strategy.

LANDBANK Approves ₱20-Billion Loan To ACEN For Philippines’ Renewable Energy Expansion

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6th December 2023

The Land Bank of the Philippines (LANDBANK) has greenlit a ₱20-billion loan for ACEN CORPORATION, the Ayala Group’s energy platform. This financial support aims to bolster the National Government’s initiative to diversify the country’s renewable energy sources.

Aligned with the National Renewable Energy Program, the loan will aid ACEN in meeting the government’s goal of raising the share of renewable energy in the nation’s power generation mix from 22% to 35% by 2030.

The agreement was formalized between LANDBANK President and CEO Lynette V. Ortiz and ACEN President and CEO Eric Francia on November 29, 2023.

The partnership emphasizes LANDBANK’s commitment to fostering sustainable finance and environmental protection, contributing to the country’s climate change mitigation efforts.

India Aims for 50% Non-Fossil Power by 2030: Minister R K Singh Provides Positive Progress Report

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Sangita Shetty

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6th December 2023

R K Singh, Government of India — R K Singh, Union Minister

India is on its track to have 50 per cent of its installed power generation capacity from non-fossil sources by 2030, Union Minister R K Singh informed the Rajya Sabha on Tuesday.

The country’s installed power generation capacity from non-fossil source is 186.46 gigawatt (GW), which is 43.82 per cent of its total installed capacity, the minister for new and renewable energy said.

“India is on track for achieving its target of having 50 per cent of its installed source generation capacity from non-fossil fuel sources by 2030,” Singh, who also holds the portfolio of Power Minister said.

Of the total 186.46 GW capacity, 178.98 GW is renewable energy and 7.48 GW is nuclear power. In addition, 114.08 GW of capacity is under implementation and 55.13 GW of capacity is under tendering.

The non-fossil electricity capacity increased from 32.54 per cent in March 2014, to 43.82 per cent in October 2023.

Singh further said that the government has taken several measures to promote renewable energy in the country like permitting foreign direct investment (FDI) up to 100 per cent under the automatic route and waiver of inter-state transmission system (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by June 30 2025.

The measures include setting up of ultra mega renewable energy parks to provide land and transmission to renewable energy developers for installation of renewable energy projects at large scale, besides schemes such as Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), Solar Rooftop Phase II, 12000 MW CPSU Scheme Phase II.

Production-linked incentive scheme under the “National Programme on high efficiency Solar PV Modules and Green Energy Corridor Scheme for Intra-State Transmission System are also part of the initiatives to promote renewable energy,” Singh said.

The government have sanctioned total 50 solar parks with aggregate capacity of 37,490 MW in 12 states across the country, since 2014 under Solar Parks Scheme. In these parks, solar projects of aggregate capacity of 10,237 MW have been established, he said.

Masdar And Jordanian Ministry Forge Green Hydrogen Venture At COP28

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6th December 2023