|

Micro Electricity and Saigontel partner for 300 MW solar power park in Vietnam

By

Micro Electricity has partnered with Saigontel to develop a 300 MW solar power park in southern Vietnam, alongside creating a green energy trading platform for industrial zones. The companies plan to invest USD 225 million over three years, with the project expected to generate revenue by 2025. 

Micro Electricity will offer energy management and transaction services to help businesses meet their green energy targets. This initiative aligns with Vietnam’s Direct Power Purchase Agreement (DPPA) regulations, allowing companies to directly contract with renewable energy producers.

Similar Posts

| |

Report: July 2024 Power sector installed capacity overview

By

As of July 31, 2024, India’s total installed capacity for power generation reached 448,381.44 MW, covering various energy sources across different sectors and regions. The breakdown includes thermal power, which accounts for 242,996.91 MW, primarily derived from coal, lignite, gas, and diesel sources. Hydropower contributes 8,180 MW, covering major hydroelectric plants across the nation. Renewable energy sources (RES), which include solar, wind, biomass, and small hydro projects, account for 47,928.17 MW. Nuclear power adds another…

|

Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt

By

Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up to 4.7 million tonnes of…

|

Array Technologies launches SkyLink wireless solar tracker system

By

Array Technologies, a utility-scale solar tracking solution provider, has introduced SkyLink, a PV-powered wireless tracker system. Building on the strengths of its DuraTrack® and OmniTrack™ offerings, SkyLink adds flexibility and optimization to Array’s solar trackers. SkyLink features an eight linked-row architecture, passive wind mitigation, PV string-powered brushless DC motors, and Zigbee wireless communication. The system is designed to handle extreme weather, with automated responses to snow and hail accumulation, ensuring continuous solar production even during…

|

Tata Power signs Rs 1.2 trillion pact with Rajasthan

By

Tata Power has signed an MoU with the Rajasthan government, committing Rs 1.2 trillion to the state’s power sector, including Rs 750 billion in green energy.  The agreement, formalized at the ‘Rising Rajasthan’ Investor Meet on 30 September 2024, outlines a 10-year plan to transform Rajasthan into a power surplus state with 24/7 clean and reliable energy. The investment will focus on renewable energy, transmission, distribution, nuclear power, EV charging, and rooftop installations.  Key allocations…

|

Cubico unveils Scout Moor II: 100 MW wind project

By

Cubico Sustainable Investments has announced Scout Moor II, a proposed 100 MW onshore wind project in England, situated near the existing Scout Moor wind farm between Edenfield, Rawtenstall, and Rochdale.  With planning approval, Scout Moor II could begin operations by 2030, delivering renewable electricity to over 100,000 homes and covering around 10 per cent of Greater Manchester’s residential energy needs. Cubico also plans to create a Community Wealth Fund and a Moorland Restoration and Management…

|

Chubu Electric increases stake in OMC Power to over 35%

By

Japan’s Chubu Electric has increased its investment in OMC Power, raising its stake from 20% to over 35%, becoming the largest shareholder.  This additional funding will support OMC Power in commissioning 100 MW of energy transition projects and expanding operations in India and South Africa. OMC Power currently operates over 500 clean energy plants, supplying power to telecom towers, institutional rooftops, commercial and industrial sectors, and providing power distribution to rural and underserved areas. Mitsui…

Leave a Reply

Your email address will not be published. Required fields are marked *