Samsung C&T Corporation Australia’s Post

0515-ZOE & Important Energy Storage Information Sharing ✨ ✦ Release of "Basic Rules for Power Market Operation": Energy storage and other entities added as market members ✦ National Carbon Peak Pilot (Suzhou Industrial Park) Implementation Plan: Focus on industrial parks and commercial complexes, exploring integrated development of source-grid-load-storage ✦ Jilin Liaoyuan City Carbon Peak Implementation Plan: Creating a "new energy + energy storage + local grid" source-grid-load-storage model ✦ 50GWh! Ordos #lithium-ion energy storage battery intelligent manufacturing project breaks ground ✦ Market valuation exceeds 1.2 billion yuan! Advanced sodium-ion battery technology project settles in Kunshan, Jiangsu ✦ Energy Storage Tender | 23MW/46MWh! State Power Investment Corporation's Shandong Yantai #photovoltaic project grid-connected energy storage capacity leasing service open for bidding ✦ Energy Storage Tender | Jiangsu Baote Automotive Parts Co., Ltd. photovoltaic 0.3956MWp energy storage 1MW/2MWh project general contracting ✦ #Biden administration announces tariffs on China: 100% on electric vehicles, 25% on lithium batteries, and 50% on solar cells

Samsung C&T’s Ammonia Import Terminal for Co-firing Power Generation. Earlier this year, the Samsung C&T E&C Group announced that it signed an EPC (Engineering, Procurement, and Construction) contract to build South Korea’s first ammonia import terminal for co-firing power generation. Co-firing is the process of generating electricity by combining more than one fuel type. The project comes as the demand for clean energy solutions in Korea and around the world increases. https://lnkd.in/gnmgGray

Mitsubishi and Thailand’s PTT to investigate ammonia-fired power The study will evaluate the economic viability of and potential demand for ammonia as a power generation fuel. Mitsubishi Heavy Industries Asia Pacific (MHI-AP) and Thai state-owned oil and gas company PTT have initiated a collaborative pre-feasibility study into using 100% ammonia in gas turbine power generation in Thailand. The study is in response to Thailand’s target of carbon neutrality by 2050, particularly focusing on the reduction of carbon emissions in the energy sector. A memorandum of understanding (MOU) signed by the two companies outlines their commitment to evaluating the economic viability of ammonia as a power generation fuel. They will assess the potential demand for clean power derived from ammonia. The study will also cover the logistics and safety aspects of ammonia, such as its storage, handling and delivery to power plants. In addition to economic feasibility, MHI-AP and PTT will identify potential sites and timelines for establishing a 100% ammonia direct combustion gas turbine power plant. The partnership will also foster the development of an ammonia supply chain. In February 2024, Mitsubishi Power, a division of Mitsubishi Heavy Industries, secured an order to supply a combined cycle gas turbine (GTCC) system for the Navoi 3 project in Uzbekistan. The project will generate 600MW of electricity and 200 gigacalories of heat and marks the third GTCC equipment order for the Navoi power plant. In December 2023, Centrica and Mitsubishi Power announced plans for an ammonia-fired power plant in Cork, Ireland. The proposed facility at Bord Gáis Energy’s Whitegate combined cycle gas turbine power station will be the first of its kind in Europe. The two companies signed an MOU for its exploration, construction and operation. In November 2023, Mitsubishi Power successfully conducted a fuel blend test using 30% hydrogen and natural gas at both partial and full load on a J-series air-cooled gas turbine. The demonstration occurred at the T-Point 2 combined cycle power plant validation facility, part of the Takasago hydrogen park in Takasago City, Hyogo Prefecture, Japan. Source: https://lnkd.in/dUiuUfwp #engineering #energy #turbomachinery #gasturbine #powergeneration #maintenance #ammonia #renewable #cleanenergy

WORLD'S LARGEST SODIUM-ION BATTERY GOES LIVE IN CHINA China's state-owned power company Datang Group has connected a 50 MW/100 MWh sodium-ion battery energy storage system to the grid in Qianjiang, Hubei Province. This project represents the first phase of the Datang Hubei Sodium Ion New Energy Storage Power Station and is currently the world's largest operating sodium-ion battery system. This system comprises 42 battery containers and 21 sets of boost converters utilizing 185 ampere-hour sodium-ion batteries supplied by HiNa Battery Technology Co., Ltd. It is also equipped with a 110 kV transformer station. The Qianjiang facility is expected to store up to 100,000 kWh of electricity on a single charge, while reducing carbon dioxide emissions by 13,000 tons annually. Sodium-ion batteries offer advantages such as better performance at low temperatures, faster charging, and reduced reliance on imported lithium, and this project is a major step towards their commercialization in large-scale energy storage applications. ⚡ Follow MPS (Modern Power Systems) for all the latest news daily from the global power generation industry ⚡ #MPS #energy #batterypower #energystorage #renewableenergy

State-owned electricity company PLN is looking to trial carbon capture storage (CCS) technology on selected power plants to reduce carbon emissions from the electricity sector. PLN president director Darmawan Prasodjo said on Friday that the company has partnered with international entities to study the implementation of CCS technology in four coal-fired power plants and a gas-fired plant. This includes Japanese power generation company JERA, Yokohama-based engineering firm JGC, Tokyo-based oil and gas giant Inpex and Seoul-based CCS technology provider Karbon Korea, among others. “PLN is critical to Indonesia's transition to renewable energy. We have a comprehensive energy transition road map and are committed to implementing it to reach net-zero emissions by 2060,” Darmawan said on Friday Read more: https://lnkd.in/gsf-sqUX #business #electricity #fireplant #coal #carboncapture #indonesia #thejakartapost

🚀 Sungrow Taps into Malaysia's Energy Storage Boom with Major BESS Deal! 🔋 Sungrow Power Supply Co., Ltd., a leading global BESS system integrator, has inked an agreement with MSR-Green Energy to supply battery energy storage technology for a colossal 100MW/400MWh project in Sabah, Northern Borneo. This marks one of Southeast Asia's largest energy storage initiatives! 🌍✨ The project aims to bolster renewable energy integration on the island and builds on Sungrow's prior collaboration with MSR-GE on a solar microgrid for a palm oil plantation. Construction is commenced, targeting commercial operations by June 2025, with potential for future expansion to 517MWh. 🛠️🔄 As Malaysia shifts towards low-carbon energy, Sabah stands out as a hub for renewable investments, enhancing grid stability and sustainability. The government's commitment to carbon neutrality by 2050 and a 70% renewable energy target by then underscores the nation's ambitious energy transition. 🌱💨 Stay tuned for more updates on Malaysia's renewable energy journey! #Sungrow #BESS #EnergyStorage #RenewableEnergy #MalaysiaEnergyTransition #CarbonNeutrality #GreenTech #SabahPower #SolarInverters #SustainableFuture

(KUALA LUMPUR) Gas Malaysia Bhd's joint venture with Tokyo Gas Engineering Solutions Corp has commissioned operation of its combined heat and power (CHP) plant for its third customer, Fatty Chemical (Malaysia) Sdn Bhd (FCM), in Prai, Penang. In a statement, the gas provider said its JV company Gas Malaysia Energy Advance Sdn Bhd (GMEA) inked an energy supply agreement with FCM, which includes the provision of up to 6.7MW of power and 35 tonnes per hour of steam to FCM for 15 years. Gas Malaysia said with the potential to reduce almost 18,000 tonnes of carbon dioxide per year, CHP technology is projected to make a significant contribution to FCM's sustainability goals. The technology known as cogeneration also referred to as a CHP system, produces both electricity and heat from a single fuel source. It generates electricity and captures the heat, which would traditionally be wasted, to provide useful thermal energy. According to Gas Malaysia, the CHP system caters well for industrial sector customers that require electricity and useful thermal energy such as steam or hot water, and it is also recognised for its ability to boost energy efficiency up to 87%. “As industries place greater emphasis on adopting environmentally responsible business practices, particularly in the context of reducing carbon dioxide emissions, the CHP system stands out as a beacon of hope for its positive environmental footprint. "It presents a comprehensive solution that not only effectively addresses customers' energy requirements but also aligns well with the imperatives of fostering a more sustainable and eco-friendly future,” said Gas Malaysia group CEO Ahmad Hashimi Abdul Manap. #energy #CHPplant #electricitygeneration #carbonreduction

It's incredible to see the diverse applications of #photovoltaic technology! The construction of the world's largest #offshore #solar power plant began last weekend in the Yellow Sea near the city of Lianyungang in eastern China's Jiangsu province. The project, which is expected to be completed next year, will have a capacity of 200 MW and consist of 3.3 million photovoltaic modules in 480 arrays. It will be combined with an onshore #energy #storage system with a capacity of 400 MWh. 🌊 Largest Offshore Solar Plant 📍 Location: Yellow Sea, near Lianyungang, China 🏗️ Construction Start: 19/05/24 🎯 Completion: 2025 ⚡ Capacity: 200 MW ☀️ Components: 3.3 million PV modules in 480 arrays 🔋 Energy Storage: 400 MWh onshore 🍃 Environmental Impact: Saves 1.77 million tons of CO₂ annually 🇪🇺 #European Offshore Solar Initiatives: 🌊 Oceans of Energy Energy Project: Offshore solar park within Shell Energy/Eneco Hollandse Kust Noord wind farm 🛠️ Completion: 2025 ⚡ Solar Capacity: 0.5 MW 🤝 Collaboration: Oceans of Energy with 15 partners including Fraunhofer CSP 🌍 Goal: Develop 150 MW offshore solar technology 🚀 Future Plans: Up to 200 MW solar parks in offshore wind farms by the end of the decade 🔋 Benefits of Offshore Solar 🌍 Space Efficiency: Reduces land space needed for renewable energy ⚡ Synergy: Efficient use of existing grid connections when combined with #wind #farms #sustainability #pv #bess https://lnkd.in/e9TwxPGE

China's largest power storage plant now operating in Shandong ◾ In an effort to boost the renewable energy sector and address electrical grid bottlenecks, China recently launched the largest energy storage facility. The 795 MW plant located in Shandong province, capable of storing up to 1 million kilowatt-hours of electricity, is operational. This facility is sufficient to power approximately 150,000 homes for one day. ◾ This project, developed by Jinhui New Energy in Legin Province, is a milestone in China's thriving energy storage development. The country saw a 364% increase in investment in grid-connected batteries last year, reaching 75 billion yuan (about $11 billion), making it the world's largest storage fleet, with 35.3 GW as of March 2023. ◾ In May 2023, China raised its energy storage target to a minimum of 40 GW by the end of 2025, up 33% from its previous target. This goal is in line with China's broader plan to reduce carbon emissions. Energy storage plays a crucial role in balancing electricity supply and demand, especially when renewables such as wind and solar produce inconsistent energy. ◾ Power users such as industrial complexes and electric vehicle charging stations (EV). With 60% of the world's electric vehicles sold in China, there is a focus on how to relieve storage from the pressure on the power grid from high demand. ◾ Battery costs decreased, dropping nearly 20% between the end of 2023 and mid-June, according to the Shanghai Metals Market. In addition, the adoption of "peak pricing" has created opportunities for storage providers to sell energy at higher rates during peak demand times. ◾ The Shandong plant includes both lithium-ion batteries and vanadium mixed oxidation batteries, the latter is a newer technology that offers longer storage times and better security. While lithium-ion batteries are expected to become more economical, better storage techniques are still needed for longer periods. The source: investing #energyticslimited #energyefficiency #renewableenergy #powerstorage

Will the new regulation boost solar energy usage in the C&I sectors? Indonesia's Ministry of Energy and Mineral Resources has recently issued MEMR Regulation Number 2 of 2024 regarding Rooftop Solar Power Plants Linked to Electricity Networks of Holders of Electricity Supply Business License for Public Use (IUPTLU). How does the new regulation differ from the previous one? We've outlined key differences, and here's what the new regulation entails: ⚡️Capacity: There are no limitations, but following the designated development quota. 🗃Quota: Quotas are proposed by the IUPTLU Holder and approved by MEMR, with clustering per UP3. 📈Meter usage: The IUPTLU Holder covers the cost of advanced meter procurement for PLN data analysis. 🧾️Electricity export regulations: Excess energy from rooftop solar energy system is not calculated in the customers' electricity bills. 📥Application procedures: Decisions by the IUPTLU Holder are made every January and July, within 30 calendar days. 💰Capacity fees: Rooftop solar energy systems for all customer tariff classes are not subject to parallel operation charges. 🌱Utilization of carbon economic value: Carbon economic benefits are regulated separately, and if not yet available, they belong to the government. For further details, refer to the image below. #SUNEnergy #ShapingFutureEnergy #ElectrifyingIndonesiaSustainably #PLTSAtap #SolarEnergy #RenewableEnergy #EnergyRegulation