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Indonesia Boosts Rooftop Solar Adoption With New Regulations – Minister Of Energy And Mineral Resources Releases Guidelines
In a strategic move to boost Rooftop Solar Power Plants (PLTS) implementation, the Ministry of Energy and Mineral Resources has issued Regulation Number 2 of 2024. This regulation, effective from January 31, 2024, aims to enhance and replace the previous regulation, focusing on the efficient deployment of Rooftop PLTS. Acting Director General of New, Renewable Energy and Energy Conservation, Jisman P Hutajulu, stated that despite the existing PLTS Rooftop regulations falling short of its optimal potential, the new regulation, a collaborative effort of various stakeholders, seeks to address these challenges and improve the current scenario. The regulation sets a target of 1 GW of rooftop PLTS connected to the PLN network and 0.5 GW from non-PLN sources annually. This ambitious plan aims to utilize Indonesia’s silica sand resources for the solar cell industry, encouraging growth in the solar module industry.
Air Liquide and Vopak to Collaborate on Ammonia and Hydrogen Infrastructure in Singapore
Air Liquide and Vopak have entered into a Memorandum of Understanding (MoU) to collaborate on the establishment and operation of infrastructure for ammonia import, cracking, and hydrogen distribution in Singapore. Ammonia is recognized as a low-carbon fuel for power generation and maritime applications. It serves as an efficient carrier of hydrogen, facilitating its storage and transportation. With an established global supply chain and infrastructure for ammonia production, transportation, and utilization, the conversion of ammonia into hydrogen presents a promising avenue for industry and mobility decarbonization. The collaboration aims to explore and develop low-carbon ammonia supply chains in Singapore. This includes studying the potential development of ammonia cracking facilities, along with associated storage and handling infrastructure at Vopak’s Banyan terminal.
Sunview Forms Strategic Alliance with MPMA to Promote Solar PV Systems for Sustainable Living
“Sunview,” a leading player in renewable energy, focusing on engineering, procurement, construction, and commissioning (EPCC) activities, has announced a Strategic Business Alliance Agreement with the Malaysian Plastics Manufacturers Association (MPMA) through its subsidiary, Fabulous Sunview Sdn Bhd. This agreement entails MPMA encouraging its members to implement solar photovoltaic generating systems (Solar PV System) as part of their sustainability initiative, with Sunview providing technical expertise and support to promote the benefits of such systems. Additionally, Sunview will conduct due diligence and assessments to ensure the suitability of each project.
Philippines Seeks Renewable Energy Collaboration With Germany
President Ferdinand R. Marcos Jr. highlighted the Philippines’ eagerness to deepen collaboration with Germany, particularly in renewable energy, during the Philippine-German Business Forum in Berlin. As Europe’s largest economy and a powerhouse in technology and innovation, Germany presents a valuable opportunity for fostering robust business relationships, emphasized President Marcos. Expressing gratitude for German companies’ interest in supporting the Philippines’ sustainability and climate resilience goals through renewable energy investments, President Marcos outlined the country’s energy transition policies and investment enablers aimed at incentivizing energy efficiency. He emphasized the Philippines’ commitment to developing programs that facilitate the decarbonization of its economy, inviting greater cooperation on climate change and energy transition.
Hopewind Signed a Distribution Agreement With PT STAR During Solartech Indonesia
Global leading renewable energy solutions provider Hopewind signed a distribution agreement with PT STAR during Solartech Indonesia, furthering expanding its market reach in South East Asia. On March 6th, Hopewind held a distribution agreement signing ceremony with PT STAR at its stand during Solartech Indonesia exhibition. According to the agreement, Hopewind will be supplying a whole package of its PV solutions covering residential, C&I and utility-scale solar applications, featuring its 5-10kW hybrid inverters, 100/110kW three-phase C&I string inverters, 385kW utility-scale PV inverters, as well as 250kW power converters to PT STAR, further expanding its market reach in Indonesia.
Vietnam And Australia Form Comprehensive Strategic Partnership, Including Energy Cooperation
In a landmark move, Prime Minister Pham Minh Chinh of Vietnam announced the elevation of the bilateral relationship between Vietnam and Australia to a Comprehensive Strategic Partnership. This significant milestone, declared during a joint press statement co-chaired by Prime Minister Chinh and his Australian counterpart, Anthony Albanese, in Canberra, Australia, on March 7, underscores the deepening cooperation between the two nations. Prime Minister Chinh emphasized that the upgrade to the Comprehensive Strategic Partnership, the highest level of cooperation between Vietnam and a foreign partner, serves the interests of both nations and contributes to regional and global peace, cooperation, and development.
KBank and INNOPOWER Pioneer Thailand’s Renewable Energy Certificate Platform to Drive Sustainable Energy Adoption and Income Generation
KASIKORNBANK (KBank) has reinforced its commitment to reducing greenhouse gas emissions by partnering with INNOPOWER Co., Ltd. (INNOPOWER), a leader in energy innovations. Together, they have unveiled a platform to facilitate the registration and sale of renewable energy certificates (RECs) for businesses, individuals, and the general public. This groundbreaking platform, a first for Thailand, is set to launch in the second quarter of 2024. Its primary goal is to streamline the process for retail customers with solar panels to register and sell RECs, while also enabling them to earn additional income as small-scale power producers. By promoting the sustainable generation and utilization of renewable energy in Thailand, this initiative aims to contribute to the country’s efforts in combating climate change.
Sembcorp Ventures into Solar Development in Indonesia: Joint Venture to Build 50MW Solar Project
Sembcorp Industries (Sembcorp) has announced the formation of a joint venture between its wholly-owned subsidiary, PT Sembcorp Renewables Indonesia, and PT PLN Nusantara Renewables, a 99%-owned subsidiary of PT PLN Nusantara Power. This joint venture aims to construct and develop a large-scale integrated project comprising 50MW of solar capacity and 14MWh of battery energy storage system (the Project) in Nusantara, Indonesia. The joint venture, with PT Sembcorp Renewables Indonesia holding 49% and PT PLN Nusantara Renewables holding 51%, will supply power to state-owned utility provider PT PLN (Persero) through a 25-year Power Purchase Agreement (PPA). The Project is expected to generate up to 93GWh of clean energy annually for Nusantara and the East Kalimantan province, which is equivalent to avoiding over 100,000 tonnes of carbon emissions per year or removing approximately 20,000 cars from the roads annually.
Samaiden Group Berhad Partners with Maxell Tohshin for Sustainable Manufacturing: A 20-Year Solar Power Agreement
Samaiden Group Berhad (Samaiden), a leader in renewable energy (RE) solutions specializing in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, is pleased to announce a strategic Power Purchase Agreement (PPA) with Maxell Tohshin (Malaysia) Sdn Bhd (Maxell Tohshin), a company renowned for its expertise in designing and manufacturing ultra-precision molds and lens mold technologies. This landmark agreement, spanning 20 years, signifies a significant commitment to sustainable energy utilization in manufacturing, underscoring a shared dedication to environmental stewardship.
U.S.-Philippines Trade Mission Sparks Solar Energy Initiatives
The U.S. Secretary of Commerce, Gina Raimondo, led a prestigious delegation from 22 U.S. businesses and organizations on an unprecedented Presidential Trade and Investment Mission to the Philippines from March 11-12. The mission, a testament to President Biden’s commitment to fostering economic ties and labor rights, aimed to bolster collaboration between the two nations. Secretary Raimondo highlighted the significance of a robust trade and investment relationship between the U.S. and the Philippines, lauding recent regulatory reforms opening key sectors such as renewable energy. The focus of the mission extended to clean energy, digital transformation, and supply chain resilience. |
