News

Hai Long Offshore Wind Project Extends Cooperation with Siemens Gamesa by Expanding the Preferred Supplier Agreement to 1GW

published: 2021-05-17 9:30
After passing the “Industry Linkage Program” conditionally, Hai Long Offshore Wind Project has announced another good news, which is the expansion on the preferred supplier agreement with Siemens Gamesa. Apart from the existing 300MW Hai Long 2A Wind Farm, Hai Long 2B (232MW) and Hai Long 3 (512MW) will also be incorporated in the future, with the total installed capacity of the cooperation now arriving at 1,044MW (=1.04GW). ...  more

TPC: Peak Power Supply to Experience a YoY Increase of 1 Million kW During April

published: 2021-05-17 9:30
The electricity demand has already been surging since the start of April with summer yet to arrive. TPC commented recently that the public turning to domestic consumption under the impact from the COVID-19 pandemic has actuated a drastic growth in the domestic load that exceeded the anticipation of the company, and the power supply volume from April until now has experienced a YoY increase of almost 1 billion kW, as well as a YoY increase of 1 million kW during peak hours. ...  more

Tax Concession Rumored to be Reduced for Foxconn in Wisconsin; Mark Liu: Adjustments Made According to the Industrial Arrangement

published: 2021-05-13 9:30
As reported by foreign media, Wisconsin has come to an agreement with Foxconn regarding the latter reducing the scale of plants in the southeastern part of the state, and the tax concession previously received will also be diminished to a little more than US$100 million. Foxconn’s Chairman Mark Liu has pointed out on April 21 that the tax concession is not being reduced, but rather adjusted according to the actual demand and the industrial arrangement.   ...  more

Indian Government Initiates 1GW Solar Tender via NTPC

published: 2021-05-12 9:30
National Thermal Power Corporation Limited (NTPC), which is a company under the Indian Ministry of Power, announced in late April that it is initiating a major solar tender. According to its request for selection, NTPC is inviting solar project developers to build 1GW of PV generation capacity that will be connected to the Interstate Transmission System. These PV power plants can be built anywhere in the country. ...  more

Europe’s Mass Acquisition of Used Cooking Oil for Biomass Fuel May Result in Deforestation in Southeast Asia

published: 2021-05-11 9:30
Used cooking oil possesses numerous reuse values, such as being refined into biomass fuel, and various countries in the EU have imported a large amount of used cooking oil to produce biomass fuel. However, a recent research of Dutch environmental advisory group CE Delft indicates that the sizeable demand for used cooking oil in Europe may exacerbate the deforestation in Southeast Asia, and is not all that eco-friendly in reality. ...  more