The newly formed consortium has signed a Framework Agreement (FWA) with the Egyptian government to start carrying out a set of studies and activities to evaluate the technical and commercial feasibility of the project. bp has announced that it has entered into a Joint Development Agreement to join Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green hydrogen (gH2) project in Egypt. Under the JDA, bp will act as the lead developer and operator of the project on behalf of the consortium. The partners are combining their respective green hydrogen projects in Egypt…
Author: Balvinder
Leading Chinese solar PV module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency. Targeted at the European market, the new module hopes to meet higher aesthetic standards and minimum efficiency expectations from the demanding European market. Besides the Ultra black, LONGi is showcasing five module innovations based on back contact technology for the DG as well as Utility segment: the Hi-MO X6 Max Scientist, the new premium module Hi-MO X6 Artist Ultra Black, the Hi-MO X6 Max Anti-Dust and Anti-Humidity as well as the Hi-MO 9 based on the second generation of…
(By Simone Buffa, Cofounder, The ImPart Collective) In the current corporate scenario, the integration of Environmental, Social and Governance (ESG) into every business ecosystem has become extremely important. Following the Kyoto Protocol which was adopted in December 1997 and came into force on 16 February 2005, nearly 200 parties across the world have committed to emission reduction. With increasing consciousness about our environment, businesses are moving towards net-zero models. Regulatory Pressure With the world waking up to environmental concerns, regulations on businesses are getting more and more stringent. The Kyoto Protocol defines the mechanism of cap and trade at worldwide…
Data Centres have moved to the front of the conversation around rising energy demand, what with the spread of digital usage, and more recently, the hype around AI or Artificial Intelligence. Readers have asked us to explain why these data centres bring built to serve the ever growing demand for computing power and information storage are measured in Megawatt (MWS). So here goes. Compute power is a weird thing to try and measure. Generally, on a micro or personal level, it’s measured in FLOPS or Floating-Point Operations Per Second. You get numbers like 10.28 teraflops for the newest Playstation, Nvidia’s…
On today’s episode of why we can’t have good things easily, carbon credits get to be in the limelight. Originally proposed in 1997 with the Kyoto Protocol as a way for companies to fund the development of renewable and carbon-offsetting projects, carbon credits utilize third party firms who sell carbon credits and use the money to fund renewable projects. Credits were to be earned broadly for every tonne of carbon emissions avoided being equal to a credit, with a market developed to trade in these credits. Companies which emit massive amounts of greenhouse gases buy these to get a PR…
At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. As we reported earlier, polysilicon prices are expected to hit all time lows before any meaningful recovery starts, providing some margin cushion to PV makers that buy it from other suppliers. Leadership from majors including Trina Solar, Longi Green Energy Technology, Jinko Solar all held…
Oman is assessing the coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farms. State-owned procurement entity Oman Power and Water Procurement Company (OPWP) is overlooking the process of identification of suitable locations for wind farms. The Sultanate of Oman is assessing the long coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farm projects. This is being viewed as part of the drive of Oman Government to step up the development of renewable energy to raise green energy in…