The Japanese tech giant and German power company have followed the lead of General Electric by promising not to take on any new coal power station contracts.
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
More than 1 GW of subsidized small solar arrays were installed in China last month alone and manufacturer Suntech has announced the start of operations at its 500 MW Indonesian cell and module fab.
A growing number of companies in Indonesia, particularly multinationals that implement green policies or are listed as RE100 participants, are poised to adopt rooftop PV. Regulatory changes and signals from the country’s previous government, which supported coal, are paving the way for significant growth.
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.
Abu Dhabi-based renewable energy group Masdar is sailing into the Southeast Asian solar market with Indonesia’s first floating solar project. The petro-state owned developer says the facility will be the largest in the region.