THE International Energy Agency said that Southeast Asia’s electricity demand is set to grow at an annual rate of 4 percent by 2035. It said, “Clean energy sources such as wind and solar, alongside modern bioenergy and geothermal power, are projected to meet more than a third of this growth in energy demand in the…
Incoming President Donald Trump will give the S&P 500 an Inauguration Day present, electing to put new tariffs on hold. Instead, Trump is expected to direct federal agencies to evaluate U.S. trade policies and fix shortcomings, The Wall Street Journal reported Monday. S&P 500 futures rose and the U.S. dollar fell on the news. The…
A day after US President Joe Biden warned that Donald Trump’s plan for higher tariffs would be a “major mistake”, his own administration has levied costly new tariffs on imports of critical materials from China. The office of the US trade representative on Wednesday announced that import taxes for solar wafers and polysilicon, an essential…
GCP plans to apply for interconnection with the Midcontinent Independent System Operator (MISO) grid system. Credit: Green & Clean Power/PRNewswire. US-based Green & Clean Power (GCP) has raised $300m in debt and equity financing for the construction of a solar energy generation and battery storage facility in Osceola, Arkansas. The funding includes $165m in construction…
The project will feature over 200,000 solar panels. Credit: vvaldmann/ Shutterstock. US utility company Portland General Electric (PGE) has signed a power purchase agreement (PPA) with Avangrid to buy power from the 120 MWac [megawatts alternating current] (166 MWdc) [megawatts defined conditions] Tower Solar project in Portland, Oregon. The solar energy facility is being developed…
KULIM, Malaysia/TAIPEI — Nestled amidst durian and pine trees, the vast solar energy farm gleaming under a clear blue sky in Kulim reflects Malaysia’s promise as a green energy hub. Walking through rows of photovoltaic panels, however, one can see a logo stamped on the more than 130 inverters: the flower-like mark of Chinese technology…
For decades now analysts of various stripes have been predicting the end of America’s reign as the dominant world power. Some thought the war on terror, in which the U.S. spent on the order of $6 trillion turning half the Middle East into a Stygian wasteland, would crack it. Others thought the financial crisis of…
The CEO of Hong Kong’s largest power supplier said electricity sales have risen because of digitalisation and electrification in the city’s economy, which has brought growth opportunities and decarbonisation challenges. “Electrification is a global trend for achieving decarbonisation in some sectors like transportation and home cooking, which has resulted in greater demand for electricity,” CLP…
Cathay Pacific Airways confirmed a flight from New York to Hong Kong was diverted on Wednesday due to a geomagnetic storm, a space weather event meteorology and IT experts said was capable of disrupting GPS navigation and signals. But the meteorologist played down concerns about the geomagnetic storm’s impact over Hong Kong, saying the city…
Cathay Pacific Airways confirmed a flight from New York to Hong Kong was diverted on Wednesday due to a geomagnetic storm, a space weather event meteorology and IT experts said was capable of disrupting GPS navigation and signals. But the meteorologist played down concerns about the geomagnetic storm’s impact over Hong Kong, saying the city…