News

Iraqi Government and Total to Collaborate on Major Energy Projects, Including 1GW of PV Generation

published: 2021-04-12 9:30
According to reporting from various media outlets, the Iraqi government just entered into an agreement in principle with French energy giant Total to develop four major projects. While three of these projects are related to oil and gas, one of them involves setting up 1GW of PV generation capacity. The agreement was signed by the representatives of both sides on March 29. ...  more

TPC’s Largest 150MW Ground Solar Plant Fully Connected to the Grid, with an Annual Power Generation Estimated at 200 Million kWh

published: 2021-04-12 9:30
The largest ground solar plant in Taiwan has set another new record. TPC established the largest ground solar plant in the country at an installed capacity of 150MW using 480K units of solar modules at the 214 hectares of discarded saltmarsh in Jiangjun and Qigu districts of Tainan, with the initiation ceremony being hosted on March 31st. ...  more

Construction of Galp Energia’s 144MW Solar Project in Portugal Will Begin in April

published: 2021-04-12 9:30
Portuguese energy company Galp Energia announced on March 26 that it has awarded the construction contract for its first large-scale PV project in the home country to a consortium formed by Jayme da Costa and Visabeira. Jayme da Costa specializes in building power plants and has been heavily involved in the renewable energy industry. Visabeira is a conglomerate with interests across several industries. Like Galp Energia, both entities are based in Portugal. ...  more

GE: Blue Hydrogen and Natural Gas Will Portray Essential Roles in Energy Transformation for the Carbon Reduction Route of Asia-Pacific

published: 2021-04-09 9:30
The seeking for a more stable power generation system and energy configuration has become a major topic amidst the exacerbating status of extreme weather under global warming. US multinational conglomerate General Electric Company (GE) has proposed the three major concerns on energy of “reliability, cost, and eco-friendliness”, and believes that natural gas-hydrogen combined units and blue hydrogen are excellent options in energy transition in the midst of the global wave of energy transformation. ...  more

Nexamp Obtains a US$440 Million Credit Facility to Develop PV and Energy Storage Assets

published: 2021-04-06 9:30
Nexamp announced on March 8 that it had signed a debt financing agreement for a portfolio of PV generation and energy storage assets. With this agreement, the company will receive US$440 million in funding. As for the portfolio, the PV generation assets are estimated to have a total generation capacity of 380MW, while the energy storage assets are estimated to have a total storage capacity of 120MWh. Based in the US, Nexamp is a developer and operator of PV projects. Its official website states that it can handle every aspect of the project development process, including financing, design, EPC, and O&M. ...  more

Celebrating 50 Years of Operation, Delta Aims to Achieve 10% Market Shares in Electric Vehicle Drivetrain by 2030

published: 2021-04-05 9:30
Taiwanese electronics manufacturing company Delta is currently celebrating its 50th anniversary. Established half a century ago in 1971, Delta was listed in 1988, and surged from NT$7 billion then to NT$800 billion in market value during 2021. Hai Ying-chun, Chairman of Delta, commented that the achievements of the company today are not only the recognition of the investors, but also indicates that the company has been doing the right thing as shown from the surging market value. ...  more