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Diode Ventures Launches Large-Scale Renewable Energy, Data Infrastructure Partnership in South Korea

Green infrastructure developer signs joint venture agreement with Energy Innovation Partners to develop and build projects across Korea   The Republic of Korea runs on several energy-intensive industries, but a lack of sufficient natural resources means that Asia's fourth-largest economy is forced to import nearly all its energy even as it works toward aggressive net-zero goals. To answer the country’s ...

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Renewable costs in Asia rise, but still close in on Fossil Fuels!

While renewable power in Asia Pacific was also hit by cost inflation last year, it managed to gain competitiveness against fossil fuel power, Wood Mackenzie said this week. Amid a power crisis caused by high demand and supply chain tightness, costs of coal and gas power rose by 19% and 46% respectively, the analyst firm estimates. At the same time, the average levelised cost of electricity (LCOE) for new so ...

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Australia’s largest battery storage system online

The Victorian Big Battery in Geelong, Australia. Image: Victoria State government. The Victorian Big Battery, a 300MW / 450MWh lithium-ion battery energy storage system (BESS) in Australia, has been officially opened by the Minister for Energy, Environment and Climate Change for the state of Victoria. Minister Lily D’Ambrosio said her government was “proud to flick the switch on Australia’s biggest battery ...

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BayWa r.e. completes construction and sale of first South Korean solar project

Global renewable energy developer, service provider and distributor, BayWa r.e., has completed construction of its first solar park in South Korea and the project is now fully operational as part of the company’s ambitious expansion across Asia Pacific. Adding the 1 MW ground-mounted solar project to the grid in Cheorwon-gun, Gangwon-do sets the stage for upcoming solar and wind projects in Korea. This was ...

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ASCA and Nano-C intensify partnership

Organic photovoltaics (OPV) expert ASCA has expanded the color portfolio of its solar films by integrating new acceptor materials into its products. The ASCA company is receiving the novel materials from its long-standing partner Nano-C.   US-based Nano-C specializes in developing nanostructured carbons for energy and electronics applications. ASCA uses the company’s materials, including fullerenes and ...

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Let’s not waste time and energy ~ How the operational management of photovoltaic power plants succeed at the first attempt

The climate crisis requires urgent action as we need to significantly reduce our CO2 emissions to curb climate change and limit the average temperature increase to about 1.5°C. Here, Austrian ORF meteorologist, Marcus Wadsack writes: We are the first generation to feel climate change and the last to do something about it. We have the technology and the money, it would be negligent if we do nothing. Nature i ...

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BayWa r.e. launches new services in Vietnam

Global renewable energy developer, service provider and distributor BayWa r.e. has added new services to its ‘on-the-ground’ operation in Vietnam. The company opened a solar distribution warehouse and new office facilities in Ho Chi Minh City to serve local installers and integrators. The warehouse, which is now fully operational brings direct local access to solar PV, inverters and much more.  Building upo ...

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Okta Reaches 100 Percent Renewable Electricity for Global Offices and Workforce; Pioneers Hybrid Work Emissions Study

Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, today announced the company has reached 100 percent renewable electricity for its global offices and employees' work-from-home consumption in FY22, and launched the Dynamic Work Greenhouse Gas (GHG) Emissions Study, a study designed to measure the environmental impact of today's hybrid workforce. The study found that in a Dynamic Work envi ...

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Mitsubishi Heavy Industries and Osaka Gas Acquire Clean Energy Solution, Brighter Future Solar Project

Mitsubishi Heavy Industries (MHI) Group in partnership with Osaka Gas USA has purchased equity interest in the Brighter Future Solar Farm from project developer Oriden, an MHI Group company. The solar photovoltaic (PV) project will provide 11 megawatts of clean power for Blue Ridge Energy in North Carolina, United States. Following project completion, Mitsubishi Heavy Industries America, Inc. (MHIA) and Osa ...

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Mitsubishi Corporation Signs Japan’s First Long-term Corporate PPA for Online Retail Giant Amazon

Mitsubishi Corporation (MC) is pleased to report that it has signed a long-term Corporate Power Purchase Agreement (Corporate PPA), through which it will supply electricity to data centers owned and operated by the Amazon subsidiary Amazon Web Services, Inc. (AWS). Facilitated by MC Retail Energy Co., Ltd., this Corporate PPA represents Amazon's first use of renewable energy in Japan. Under the agreement's ...

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