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Renewable energy to fuel Philippine economic growth amid climate change – V.P. Binay

The Philippines has abundant renewable energy sources and these must be used to fuel sustainable economic development in the midst of climate change, said Vice President Jejomar Binay. “Obviously we cannot remain myopic – we have to look beyond available solutions and develop new ones,” the Vice President told small-scale hydro power stakeholders during the Philippine Hydro Summit. According to Mr. Binay, renewable...

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Energy security vital for the Philippines’ promising economic growth

The Philippines certainly needs energy security in the midst of its promising economic growth, said Department of Energy undersecretary Josefina Asirit. Speaking at the opening of Power and Electricity Philippines conference on Wednesday (February 28), Ms. Asirit stressed that energy security is imperative to usher in the country’s fast-paced development. “Markets around the world are now seeing the Philippines’...

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AEG Power Solutions providing inverters for 30 MW project in Madhya Pradesh

AEG Power Solutions has won a contract to provide inverters for a 30-megawatt solar power plant for M and B Switch gears Ltd. in Madhya Pradesh. Through its subsidiary AEG PS (India), AEG Power Solutions will be providing high reliability inverters for the M and B Switchgears project within the first quarter of 2012. “We are thrilled to have bagged this contract. We start the year with two...

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Indian auto parts consortium to put up 7 MW solar farm in Tamil Nadu

A 7-megawatt solar power plant is to be built in the Indian state of Tamil Nadu to provide renewable energy of the operations of five auto parts companies based in the city of Chennai. According to The Hindu Business Line report, Auto Parts, Super Auto Forge, The Rane group, MM Forgings and Natesan Industries have formed a consortium to put up the Rs 70 crore ($12.85 million) solar farm. As severe power outages are...

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JinkoSolar, China Three Gorges New Energy Corp. team up for solar in western China

Around 600 megawatts of solar panels are to be installed during the next three years in western China. JinkoSolar Holding Co. Ltd. has entered a strategic cooperation agreement with China Three Gorges New Energy Corp. to deliver high-efficiency panels to the clean energy project developer from 2013 to 2015. China Three Gorges New Energy Corp. is a state-owned enterprise specializing in developing and operating...

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Fuel-cell production plant begins operations in Yokohama

A ready-to-scale production plant for fuel-cell systems has opened its doors in Yokohama, Japan. SMILE FC System Corporation, a joint venture between British fuel cell power systems firm Intelligent Energy and Japanese vehicle manufacturer Suzuki Motor Corporation, will be using semi-automated production technology developed by Intelligent Energy to supply fuel cell stacks for Suzuki vehicles. “Fuel cell systems provide...

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Indian, French firms inked deal to put up floating solar P.V. plant in eastern India

An Indian and French partnership will make way for new solar power projects in the eastern part of India to help address the combined land, energy and water issues in the region. Klystron Electronics Pvt. Ltd. from Kolkata and Ciel et Terre from France signed a memorandum of agreement to build floating solar photovoltaic plants using the latter’s “hydrelio” technology. The collaboration was facilitated by the European Business...

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A.D.B. allots $102 million for the Philippines’ solar and hydro

The Asian Development Bank has provided $102 million for the Philippines to boost its renewable energy sector. The funding is especially allocated for solar and hydropower projects, reported Inquirer.net. In a statement, Sohail Hasnie, principal energy specialist at the A.D.B., said $100 million in loans is available for solar rooftop projects while $2 million in funds is being used to jumpstart micro-hydropower...

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Western Thailand to see 31.5 megawatts of solar power by May

Three new solar power plants are set to rise in western Thailand this year following the signing of a new 31.5-megawatt solar deal between Conergy and Siam Solar Energy 1 Co., Ltd. The German solar company will act as general contractor, supplier and installer for the three 10.5-megawatt solar power plants in the provinces of Suphanburi and Kanchanaburi, around 130 kilometers from the Thai capital of Bangkok. Construction is...

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Philippines: Unlocking the potential for green jobs

In our world today, renewable energy is not just a means of complying with environmental standards; it is also the key to unlock economic growth. A massive up take of renewables addresses climate change by reducing greenhouse gas emissions, while also increasing energy security and generating more jobs – “green” jobs. According to the Worldwatch Institute, “renewables tends to be a more labor-intensive energy source than the...

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