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ADB $37 Mln Loan for Largest Floating Solar Project in Region

After commissioning the largest solar farm in Southeast Asia last month Vietnam is to kick its use of renewable energy to a higher level with the largest installation of floating solar photovoltaic (PV) panels in the region. A $37 million loan agreement signed October 2 between the Asian Development Bank (ADB) and Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD), a subsidiary of Viet ...

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Southeast Asia’s Largest floating Solar Plant Signs $37mn ADB Loan

 The Asian Development Bank (ADB) today signed a $37 million loan agreement with Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD) to finance the installation of a 47.5 Megawatt (MW) floating photovoltaic (PV) solar powerfacility on the man-made reservoir of DHD’s existing 175 MW Da Mi hydropower plant. The project marks the first large-scale installation of floating solar PV panels in Viet Nam ...

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AC Energy Invest $20 Million in RE Projects in Asia Pacific

THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next few years. AC Energy, through AC Renewables International Pte. Ltd., will undertake these power projects together with UPC Ren ...

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AC Energy Announce New JV – UPC-AC Energy Solar

AYALA-LED AC Energy, Inc. said on Monday that it had formed a joint venture company with UPC Renewables to build more than 1 gigawatt (GW) of capacity from renewable energy sources. “AC Energy is investing $20 million via a development loan to finance the development of this pipeline and expects to provide all the construction equity required for these projects,” the company said in a statement. It identifi ...

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Coronal Energy rolls out QOS Energy’s O&M monitoring platform across 353MW solar portfolio

Thanks to the system’s flexibility, Coronal was able to migrate data from five different monitoring platform into a single one in just two months. Portland, Oregon, September 18, 2019. Coronal Energy, a leading North American IPP specialized in solar PV, has selected QOS Energy, an innovative independent software vendor specializing in data intelligence solutions for renewable energy ass ...

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100 fold increase in floating solar pv in South East Asia

 Development of floating solar photovoltaic (PV) power plants is expected to increase 100-fold in Southeast Asia over the next five to 15 years, according to energy research firm Rystad Energy. The firm added that this will happen as countries in the region are looking to substantially increase their share of renewable energy in the power mix. “Rystad Energy expects large-scale floating PV developments, typ ...

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ArcVera Renewables, NRG Systems, and Harness Energy will combine their expertise to help utility-scale PV developers estimate future energy production

 A new and complete solar resource assessment (SRA) solution has been introduced to the US market via a collaboration between ArcVera Renewables, NRG Systems (NRG), and Harness Energy. This end-to-end offering will provide solar project developers with the design, manufacture, shipping, installation, and operation of their solar measurement systems, including the delivery of indepen ...

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Aurecon brings to life South East Asia’s largest solar farm project in Vietnam as Owner’s Engineer

The Vietnamese government has announced that it will increase investment in renewable energy for energy security and economic development. As part of this initiative, it aims to produce 5 000 MW of the nation’s electricity through solar energy by June 2019. To realise this vision, engineering, design and advisory company Aurecon was engaged to bring the Dau Tieng 1 and 2 solar power projects to life. Upon c ...

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Japan, Blockchain & Solar Energy

Japanese utility has trialled a blockchain platform for residents to sell excess solar power. The software allows producers of solar energy to track market prices, and sell at their unused power at competitive rates. Others who don’t produce their own renewable energy would be able to buy this at market rates. The trial was run at a research lab in Osaka, under a partnership between Kansai Electric Power Co ...

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Solar energy storage market to grow at over 35%

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Solar Energy Storage Market will surpass an annual installation of 3 GW by 2025. Rising demand for effective battery composition to cater across a hoard of transport and renewable energy-based applications have infused a competitive business scenario.  Advent of EV’s favore ...

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