Singapore

New auction schemes are pushing companies to bid prices lower and take more risk in their project economics assumptions just to win contracts.

Hacking and malevolent interference are key threats to look out for.

It is expected to produce over 10,200MW-hours of power annually.

It sealed its first green loan through Sunseap’s rooftop solar projects for over 20 C&I customers in Singapore.

ES Power’s customers existing contracts worth $15m will be novated to iSwitch.

The 50MWp Tengeh floating solar PV system is expected to offset 7% of PUB’s current energy needs.

Over 7,000 PV panels will generate 3.5GW hours of energy enough to power 1,000 three bedroom flats for a year.

Unsubsidised utility-scale solar-plus-storage could fall by as much as 39-121% in 2023.

The world has woken up to the vast potential of renewables with nations across the globe ramping up their efforts to switch to renewable fuel sources to reduce carbon emissions and combat climate change. In fact, two-thirds of the world’s new generation capacity in 2018 came from renewables, with solar energy continuing to be the fastest growing renewable.

‘High Hydrogen Gas Turbine Retrofit to Eliminate Carbon Emissions’ Project receives subsidy from the Dutch Ministry of Economic Affairs.

Energy policy constraints prevent energy giants South Korea and Taiwan from reaching the 81% global average capacity factor for nuclear power plants.

ING Bank is the sole arranger for the deal.

Short-term hydropower generation forecasts were lowered from 4.46TWh to 3.06TWh in 2019.

Coal consumption rose in China and five other Asian countries in line with the energy demand spike.

Ceylon Electricity Board cited the failure to build new power plants for power cuts.

The AE94.2K Gas Turbine is specifically designed to burn low calorific value fuel.