Procurement and Sale of Non-FIT Solar Power Plants Summary: Marubeni has signed an agreement to sell 400 Non-FIT solar power plants (approximately 40MW) in bulk to a joint venture company in which it invested with SMFL MIRAI Partners Co., Ltd., a strategic subsidiary of Sumitomo Mitsui Finance and Leasing Co., Ltd., and Smart Energy Co., Ltd. Going Forward: Marubeni aims to increase the liquidity of transactions by integrating and distributing small to medium-scale Non-FIT solar power plants, thereby promoting the early introduction of additional renewable energy. In this project, Marubeni will procure 400 power plants (approximately 40MW) by fiscal year 2024 and sell them in bulk to the joint venture company. Smart Energy will be responsible for the maintenance and management (O&M) of the power plants and asset management, while the joint venture company will supply green electricity to domestic power consumers through corporate PPAs. The 6th Strategic Energy Plan announced by the Ministry of Economy, Trade and Industry of Japan sets a target of 103.5-117.6 GW for cumulative solar power installation by 2030, with a focus on introducing Non-FIT solar power plants with additionality. As strategic partners, the above three companies aim to realize the introduction of over 3,000 Non-FIT solar power plants (approximately 300MW) in the future. Since its participation in solar power-related businesses, Marubeni has been expanding its network for material procurement and construction both domestically and internationally. Through this project, Marubeni will contribute to accelerating the introduction of renewable energy in Japan and realizing a decarbonized society. Click here to learn more: https://lnkd.in/gKZiyz7s Click here for information on Marubeni’s Chemicals Division: https://lnkd.in/gK9HJVnY #Marubeni
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We are pleased to announce the speaker for our upcoming webinar: Webinar Details: Title: C&I Energy Security Beyond Loadshedding Date: Wednesday, 26 September 2024 Time: 14:00 – 15:00 Speaker: Kobus Breytenbach Natural Resources and Energy Professional M SQUARED RESOURCES Kobus oversaw the development of a R150-million grid-tied 10 MW photovoltaic solar project that was built to supply electricity to Pan African Resources’ highly successful Elikhulu tailings retreatment plant in Evander, Mpumalanga. The 10 MW solar plant continues to provide most of the daytime electricity requirements (about 30% of its total requirements) of the R1.79-billion Elikhulu operation.The project is essential to fulfil the power requirements on a sustainable, constant-wattage and continuous electricity delivery basis. What to Expect: 1. Understanding the current C&I energy landscape: A case study driven comprehensive overview of the challenges facing South Africa's power supply and the implications for C&I businesses. 2. Innovative energy solutions: Explore practical ways for big businesses to take charge of power and manage demand to achieve energy independence. 3. Financial Benefits: Discover the financial benefits that can help C&I businesses invest in energy efficiency and renewable energy projects. 4. Case studies and best practices: Learn from successful C&I companies that have implemented effective energy solutions to overcome loadshedding challenges. This is your chance to learn how renewable energy can future-proof your business and minimize the impact of loadshedding. Don’t miss out! Register here: https://lnkd.in/d8zUqx-F
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Canadian Solar Inc. Launches First FIP Projects in Japan, Signs 20-Year PPA with Toyota Tsusho Canadian Solar Inc. announced that its first portfolio of feed-in premium (FIP) PV projects in Japan began commercial operation on June 1, 2024. The newly operational projects include a 1.2 MWp installation in Tsukuba City, Ibaraki Prefecture, and a 1.9 MWp installation in Daisen Town, Tottori Prefecture. Both projects are equipped with CS7N-660W bifacial modules. Initially awarded a feed-in tariff (FIT) through 2020 auctions, the Company transitioned these projects to FIP to meet the growing demand for renewable energy. Projects under the FIP scheme will generate additional revenue through Non-Fossil Certificates (NFCs). Under a 20-year PPA, Toyota Tsusho Corporation (“Toyota […] Read the full story here: https://lnkd.in/dfJQDgg3 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #asia #canadiansolar #feedinpremium #japan #renewableenergy #renewableenergy #solarenergy
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Honda Philippines, Inc. (HPI) celebrates a significant #milestone in its journey towards a cleaner future with the official inauguration of its 1.056 MW #rooftopsolar power project. This collaboration with Skye Renewables, now entering its operational phase at HPI’s manufacturing plant in Tanauan, Batangas, marks a crucial step towards achieving the company’s global #carbonneutrality goal by 2050. The collaboration with #SkyeRenewables, a leading developer of captive solar solutions in #SoutheastAsia, enabled the installation of 1,958 panels, each with a capacity of 540 watts. These #panels harness the abundant Philippine sunshine, generating at least 35 percent of HPI’s maximum daytime energy demand and translating to 1,267 MWh of #cleanenergy utilization annually. #HondaPhilippines #SkyeRenewables #SolarPower #CleanEnergy #CarbonNeutrality #RenewableEnergy #Philippines #SouthEastAsia https://lnkd.in/dKWQdE97
Honda Philippines, Inc. and Skye Renewables Collaborate to Inaugurate 1.056 MW Rooftop Solar Power Project
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Leader Energy and Plus Xnergy to Deploy Malaysia’s First Sodium-Sulfur Battery Energy Storage System Leader Energy Group Berhad, through its subsidiary Leader Solar Energy II Sdn Bhd (LSE II), has partnered with Plus Xnergy Services Sdn Bhd to install Malaysia’s first sodium-sulfur (NaS) battery energy storage system (BESS). The groundbreaking 1.45MWh capacity BESS will be deployed at LSE II’s large-scale solar (LSS) farm in Bukit Selambau, Kedah. This project marks Malaysia’s first utility-scale BESS connected to an operational solar farm and features advanced NaS battery technology, which offers higher energy density and a longer discharge duration compared to lithium-based systems. The NaS battery can fully discharge without cell degradation, providing discharge durations of 6-18 […] Read the full story here: https://lnkd.in/dej-CfRk #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #bess #leaderenergy #malaysia #plusxnergy #solarenergy #southeastasia
Leader Energy and Plus Xnergy to Deploy Malaysia’s First Sodium-Sulfur Battery Energy Storage System
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Scanwolf Corp Bhd Announces Renewable Energy Supply Agreement And Option To Purchase Solar PV System In Malaysia Scanwolf Corporation Berhad, a leading entity in the renewable energy sector, disclosed significant developments in its related party transactions. The company unveiled a Supply Agreement for Renewable Energy (SARE) and an Option for Scanwolf Plastic Industries Sdn. Bhd. (SPI) to acquire the Solar PV System from Armani Energy Sdn. Bhd. (AESB). Under the Supply Agreement, SPI, a wholly-owned subsidiary of SCANWOLF, has inked a deal with Tenaga Nasional Berhad (TNB) and AESB for the procurement of solar photovoltaic energy generated by the Solar PV System. The agreement spans a 20-year term, with SPI committed to purchasing the Net Electrical Output […] Read the full story here: https://lnkd.in/dtgHrvvy #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #malaysia #renewableenergy #scanwolfcorporationberhad #solarenergy #southeastasia
Scanwolf Corporation Berhad Announces Renewable Energy Supply Agreement And Option To Purchase Solar PV System In Malaysia
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PetroGreen And Isuzu Collaborate On 3 MW Rooftop Solar Installation In Laguna, The Philippines PetroGreen Energy Corporation (PGEC), led by the Yuchengco group, and Isuzu Autoparts Manufacturing Corporation (IAMC) have signed a contract for a significant rooftop solar installation. The project, with a capacity of 3.002-megawatt peak (MWp), will be installed at IAMC’s manufacturing facility in Laguna and is set to commence in the third quarter of 2024, with completion expected by the second quarter of 2025. Once operational, it will be one of the largest commercial and industrial rooftop solar facilities in Laguna. IAMC President Seiji Mizutani emphasized the broader implications of the partnership, stating, “This collaboration with PGEC goes beyond energy efficiency […] Read the full story here: https://lnkd.in/dfv-8WQW #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #isuzuautopartsmanufacturingcorporation #petrogreenenergycorporation #philippine #renewableenergy #rooftopsolar #solarenergy #southeastasia
PetroGreen And Isuzu Collaborate On 3 MW Rooftop Solar Installation In Laguna, The Philippines
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New Solar Deal: UMC Metals and New Energy Capital Signed 1.6MWp Solar PPA Agreement to Drive Sustainability in Thailand New Energy Capital Asia, a prominent provider of corporate and industrial solar energy solutions, has announced a groundbreaking agreement with UMC Metals Ltd, a global leader in the metals industry. This significant partnership marks a milestone in Thailand’s renewable energy landscape, as New Energy Capital Asia finalizes a Power Purchase Agreement (PPA) with UMC Metals Ltd for an innovative 1.6MWp solar project featuring both floating and ground-mounted solar installations. Key highlights of this pioneering solar PPA agreement include: This transformative solar PPA agreement not only accelerates UMC Metals Ltd’s sustainability journey but also sets the stage for a cleaner and […] Read the full story here: https://lnkd.in/dg8zNAqK #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #floatingsolar #newenergycapital #ppa #southeastasia #thailand #umcmetals
New Solar Deal: UMC Metals and New Energy Capital Signed 1.6MWp Solar PPA Agreement to Drive Sustainability in Thailand
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Jakson Green Signs Landmark Solar Power Agreement with SECI to Boost India’s Renewable Energy Capacity In a significant leap forward for India’s renewable energy sector, Jakson Green, a frontrunner in the energy transition arena, has announced the signing of its maiden Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI). This groundbreaking agreement positions Jakson Green as a pivotal Independent Power Producer (IPP) in the burgeoning field of renewable energy in India. The PPA is a result of SECI’s Tranche XI auction, aimed at establishing grid-connected solar projects across the nation. Under this agreement, Jakson Green will take charge of identifying the project site, installation, and securing ownership, in addition to obtaining […] Read the full story here: https://lnkd.in/d8fZ2q8g #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #india #jaksongreen #ppa #renewableenergy #seci
Jakson Green Signs Landmark Solar Power Agreement with SECI to Boost India’s Renewable Energy Capacity
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Seal Incorporated’s Strategic Move: Diversifying Into Renewable Energy With RM15 Million Investment In MSR Green Energy Seal Incorporated Bhd has proposed acquiring a 20% equity stake in the struggling MSR Green Energy Sdn Bhd, a solar panel installer, for RM8.7 million. Additionally, the group intends to subscribe to approximately 1.06 million irredeemable convertible preference shares in MSR Green Energy for RM6.3 million. In total, Seal plans to invest RM15 million. According to a filing with Bursa Malaysia, Seal views this investment as an opportunity to diversify its current operations into renewable energy, particularly focusing on engineering, procurement, construction, and commissioning (EPCC) activities for the solar and renewable energy sector. This strategic move aligns with potential opportunities […] Read the full story here: https://lnkd.in/dax_Cpvr #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #greenenergy #malaysia #msrgreenenergysdnbhd #renewableenergy #sealincorporatedberhad #solarenergy #southeastasia
Seal Incorporated’s Strategic Move: Diversifying Into Renewable Energy With RM15 Million Investment In MSR Green Energy
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Big news in the solar energy sector! Su-Kam, a leader in solar solutions, is making waves with its expansion into Europe, building on its successful track record in India. This strategic move marks a significant milestone as Su-Kam continues to drive innovation and sustainability on a global scale. By leveraging its expertise and proven technology, Su-Kam aims to bring cutting-edge solar solutions to new markets, enhancing energy efficiency and promoting renewable energy adoption across Europe. This expansion not only reflects Su-Kam's commitment to advancing clean energy but also underscores its role in shaping a more sustainable future worldwide. As the company extends its reach, it’s set to make a positive impact by offering reliable and efficient solar energy solutions that align with Europe’s green energy goals. This move represents a major step forward in the global transition towards sustainable energy, demonstrating Su-Kam's dedication to innovation and excellence in the renewable energy industry. Explore the full story to learn more about how Su-Kam is powering a brighter, cleaner future across continents. 🌞🔋 #SuKam #SolarEnergy #GlobalExpansion #Innovation #SustainableFuture #CleanEnergy #RenewableEnergy
Su-Kam Expands into Europe, Building on India’s Success in Renewable Energy Su-Kam Power Systems Limited., a leading player in the power backup and solar solutions industry in India, has announced plans for immediate global expansion. Following its successful establishment in 51 countries across Africa, West Asia, and South East Asia, Su-Kam is now poised to enter new markets across Europe, driven by a growing demand for solar and renewable energy products. Su-Kam’s expansion strategy highlights its commitment to ecological sustainability and environmentally friendly practices. The company aims to solidify its position as a global leader in environmental responsibility with its technologically advanced and eco-friendly products. The Research and Development (R&D) division, […] Read the full story here: https://lnkd.in/dU3fjnea #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #europe #india #renewableenergy #solarenergy #su-kam
Su-Kam Expands into Europe, Building on India’s Success in Renewable Energy
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