The decision by OPEC+ to postpone their meeting for a mass production deal on July 5th, and their failure to reach a production policy agreement for the period following August, have resulted in oil prices surging to a new peak in three years. ...  more
News
First Solar Will Invest US$680 Million to Raise Its Production Capacity in the US by 3GW |
published: 2021-07-03 9:30 |
First Solar, a manufacturer of PV modules and a PV project developer from the US, announced recently that it will invest US$680 million to add 3.3GW of production capacity in its home country. This capacity expansion initiative mainly involves setting up a new manufacturing plant in the state of Ohio. The plant will be the company’s third in the US. ...  more
Linde LienHwa’s SMR Hydrogen Production Reduces Carbon to Respond to Semiconductor Carbon Footprint |
published: 2021-07-03 9:30 |
Taiwan-based gas producer Linde LienHwa is heavily invested in hydrogen that is the eco-friendly energy currently under the spotlight, and claims that its steam methane reforming (SMR) method is the eco-friendliest and energy conserving hydrogen production process, which also captures more than 97-99% of carbon dioxide while producing high purity hydrogen. ...  more
Working with Ritek, Pontex, and Acelon, the ITRI Develops a Corrosion-Resistant Solar Panel Frame Material |
published: 2021-07-02 17:43 |
As the concept of net zero emissions becomes a trend, companies have shifted towards green manufacturing, aiming to grasp opportunities for renewable energy business. The Industrial Technology Research Institute (ITRI) just announced that it worked with Ritek Group, Pontext Group, and Acelon Chemicals & Fiber to develop a new corrosion-resistant engineering plastic frame material suitable for solar panels in coastal PV plants. ...  more
Taiwan Sugar Corporation Transforms an Unfarmable Land into Grid-Connected Solar Power Plant with Capacity of 181MW |
published: 2021-07-02 14:18 |
The largest solar power plant in Taiwan has reached another milestone. On June 30, the ground-mounted 181MW PV plant at Qigu District in Tainan City was connected to the national power grid,contributing to power supply this summer. The capacity of the PV plant will be expanded to 216MW, which is expected to annually produce 300 million kWh of electricity, equaling to more than the electricity used by 83,000 homes every year. ...  more
Michelin Helps with Carbon Reduction for the Shipping Industry by Elevating Fuel Efficiency Using WISAMO |
published: 2021-07-02 9:30 |
Known for its tires and evaluation in delicacies, Michelin will now be marching towards maritime businesses, and will be assisting the shipping industry to achieve a target of 50% reduction in green houses gases. The latest sustainable Wing Sail Mobility (WISAMO) project revealed by Michelin will reportedly use wind energy to help improve a ship’s fuel efficiency by 20%.
...  more
Changfang & Xidao Offshore Wind Farm Unfolds Installation of Underwater Pin Piles |
published: 2021-07-02 9:30 |
CIP Changfang & Xidao Offshore Wind Farm on June 28 unfolded their transportation and installation procedures, where a large construction ship that measures 200m in length will transport 48 underwater pin piles that are 70m in height and 320 tons in weight from Kaohsiung to the wind farm in batches. ...  more
India’s Renewable Energy Industry Needs Over US$500 Billion of Investments in Next 10 Years |
published: 2021-07-02 9:30 |
The Economic Times of India, a global media company, held this year’s Economic Times Energy Leadership Summit from June 17 to 18. ...  more
CPC Announced Natural Gas and LPG to Remain on Existing Prices Under the Pandemic |
published: 2021-07-01 9:30 |
After announcing an increase of 2.99% in natural gas prices on June 30th for only the users in the electrical industry, with no changes for other users, Taiwan’s state-run oil company CPC once again announced on July 1st that household LPG (barreled gas), industrial propane, butane, PB mixture, and auto LPG will retain their existing prices in July starting from midnight on the 2nd. ...  more
Norway Proposes 300m Tall “Windcatcher” Floating Wind Power with 5 Times the Annual Power Generation of Large Wind Turbines |
published: 2021-07-01 9:30 |
Norwegian startups have been coming up with innovative ideas of offshore wind power, and the latest idea is a 300m tall “windcatcher” floating on the sea to capture the enormous wind energy from the ocean. The product also claims to generate an annual power volume that is 5 times the amount of the currently largest 15MW wind turbines, with a cost that is on par with thermal power. ...  more