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Electricity Market

Ecolohas Builds Smart and Green Homes in Taiwan

Ecolohas Energy Technology is helping Taiwan to build sustainable homes by delivering smart energy storage systems, smart microgrid systems, and distributed microgrid energy storage systems that allow people to generate their own power and reduce their electricity bills. As per Kevin Yang, president, Ecolohas, they are aiming to develop and provide self-efficient energy solutions to […]

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As Brexit Arrives, Energy Trading In Focus between UK and EU

Future arrangements between the UK and EU energy markets should maximize the benefits of interconnection with the bloc’s countries, according to RenewableUK, formerly, the British Wind Power Association. Under the Brexit agreement, the UK and the EU have agreed to a framework for future electricity trading. The new model includes guarantees for open and fair […]

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Booming Vietnam Solar Draws Thai Firms To Invest

Vietnam, one of the last sizeable markets that are still offering Feed In tariffs (FIT) in solar, has managed to attract international attention due to its plans. The company has a plan in place to build 18 GW of solar energy plants by 2030. Of this proposed 18 GW,  4.5 GW has already been installed […]

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GE Renewable Energy scores another win in Vietnam

GE Renewable Energy announced that it has secured a 27.2 MW contract to supply 8 units of GE’s 3 MW-137 wind turbines to support construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central Region of Vietnam. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will […]

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EDF to Work on Augwind’s AirBattery Energy Storage System in Israel

Augwind and EDF Renewables Israel will work together on a 5 MW solar plant integrated with a 20 MWh Augwind’s storage system – AirBattery. Augwind has announced that it has signed an MOU with EDF Renewables Israel, a subsidiary of the global EDF conglomerate, for the two firms to work together on building and operating […]

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Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri

Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad

In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade.  The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […]

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