Bangkok, November 15, 2021 /PRNewswire/ - Sungrow, the world's leading supplier of renewable energy inverter solutions, cooperates with Southeast Asia's leading renewable energy supplier Super Energy to build Southeast Asia's largest battery energy storage System (BESS) project. Sungrow will provide comprehensive photovoltaic + BESS solutions, including 49 MW photovoltaic inverter solutions and 49 MW/136.24 MWh battery energy storage system. The project is scheduled to start in April 2022 and commercialize in December. By then, it will be able to provide the Thai people with a steady stream of clean electricity, help improve the overall stability and security of Thailand's power grid, and accelerate Thailand's implementation of the national 4.0 strategy. Its completion also opened a new stage for Sungrow's long-term strategic progress in the solar and energy storage fields in Southeast Asia.
Thailand's transition to the future of renewable energy
Thailand is currently steadily implementing the ambitious Thailand 4.0 national strategy: developing an economic system that adapts to climate change and building a low-carbon society. Switching to renewable energy is a key step in achieving this goal. The recently announced "Power Development Plan" (PDP 2018-2037) sets the target for the installed capacity of renewable energy at 2,766 MW, accounting for 37% of the total installed capacity. More importantly, the Thai government has fully realized that unless combined with energy storage systems, renewable energy cannot be a reliable and stable source. This agreement is the driving force behind the cooperation between Super Energy and Sungrow Power on the major BESS project in Thailand. In addition, the power plant is also a pioneer of the SPP hybrid enterprise power procurement plan initiated by the Thai Electric Power Authority, which aims to make renewable energy a stable supply of future power.
Sungrow Solar plus ESS solution and industry-leading liquid cooling system improve overall efficiency
As an IPP, Super Energy prioritizes the efficient, safe and stable operation of the factory in the long run. Sungrow provided the industry-leading PV+ESS solution for the factory accordingly. It is worth noting that the most advanced liquid-cooled energy storage system will be adopted, which can significantly save delivery and installation costs and extend the overall life of the system. The battery cabinet and PCS shell also adopt a high degree of protection. Therefore, in Thailand's hot and humid environment, the energy storage system can maintain efficient power generation without derating. In addition, Sungrow has integrated the self-developed intelligent energy management system (EMS) and monitoring system to simplify the later operation and maintenance process. As a result of the integrated solution, Super Energy has reaped significantly reduced LCOS and improved plant stability and efficiency. More importantly, Sungrow guarantees smooth progress with customer-oriented service and fast delivery, which injects more confidence into Super and wins its best trust. Mr. Jormsup, President of Super, praised: "We are very pleased that Sungrow has become our long-term strategic partner and has taken a big step in the technology of providing solar energy to the Thai people 24/7."
Looking forward to the future of Southeast Asia's renewable energy market
As two giants in the global new energy field, Super Energy and Sungrow have been strategic partners for six years and have successfully completed multiple projects in Southeast Asia, such as the 330 MW photovoltaic project in Vietnam last year. The cumulative cooperation reached GW scale. Among them, the BESS project is a milestone, which will help improve Thailand's power structure and accelerate the construction of smart grids, and may guide the future generation and storage of new energy in the entire southeast region. In the future, Sungrow is looking forward to more diversified and in-depth cooperation in the field of renewable energy with partners such as Super Energy, and further progress towards Thailand's low-carbon goal and global net-zero initiative.
Sungrow Power Co., Ltd. ("Sungrow Power") is the world's most valuable inverter brand. As of June 2021, the global installation volume has exceeded 182 GW. Sungrow was founded in 1997 by university professor Cao Renxian. It is a leader in solar inverter R&D. It has the largest dedicated R&D team in the industry and a broad product portfolio, providing photovoltaic inverter solutions for public utility scale, business and energy. And energy storage system. Industrial and residential applications, and internationally recognized floating photovoltaic power station solutions. With a strong track record of 24 years in the photovoltaic field, Sungrow has provided power to equipment in more than 150 countries/regions. Please visit: www.sungrowpower.com for more information about Sungrow Power.
Source: Sungrow Power Supply Co., Ltd.
Today, the renewable energy world is caught off guard by California's proposed rules for residential solar. Net metering is changing, which is not surprising, but the rules may make it difficult for any project except the most expensive rooftop solar projects to be economical. Bloom Energy (NYSE: BE), which produces fuel cells for commercial buildings, also fell 7.2% today. States regularly adjust how net metering and grid connection work, but California is by far the largest solar and renewable energy market in the country, so it has received most attention.
Making progress in promoting the transition to a hydrogen economy, Plug Power (NASDAQ: PLUG) today announced the signing of a long-term supply and logistics agreement. However, considering that the details of the partnership are quite small, investors are not impressed. As of 12:14 pm Eastern Time, Plug Power's stock price has fallen 6.2%. Although Plug Power initially made money by providing fuel cell systems, the company has articulated its long-term vision of diversifying its business by producing green hydrogen.
(Bloomberg)-After California proposed new regulations for rooftop power systems, US solar stocks led by Sunrun Inc. plummeted, which may slow down the installation speed. Zero taxes, golf and beach villas have created a crypto island paradise indoor farm can reach the height of a skyscraper? China is building the world’s largest national park system Boris Johnson. Angry members of Congress worry that his next mistake may be fatal to Sunrun, the country’s largest solar roof installer in the new
Sunrun (NASDAQ: RUN) shares fell on Tuesday after a regulatory proposal threatened a slowdown in the growth of the solar industry. As of 3:25 pm Eastern Time, Sunrun's stock price has fallen by more than 13%. The proposed changes to California's net energy metering program may significantly increase consumer costs and eliminate "tens of thousands of jobs." Fenster said in a press release that it “represents the worst aspect of California politics, while ignoring what voters want—innovation, control, and quick solutions—but supporting failed and boring incumbents. "
Plug Power, a hydrogen fuel cell manufacturer, has expanded its supply and logistics scope through a deal with Certarus. Can PLUG stock be bought now?
Yesterday was a good day to own shares of electric startup Rivian (NASDAQ: RIVN). After MotorTrend named its R1T electric truck the Truck of the Year, the stock rose 3.7%. Today, however, Rivian recovered all of these gains-and more-as of 12:20 pm Eastern Time, which fell 4.2% due to tight litigation. Specifically, Bloomberg reported that a judge in California has ordered electric rival Tesla (NASDAQ: TSLA) to expedite its lawsuit against Rivian, accusing the latter of stealing the former's documents. Within 30 days, Tesla must produce a list of “all the documents it claims were stolen by several employees” that left Tesla for Rivian.
Toyota has increased its commitment to pure electric vehicles, stating that there will be 30 electric vehicles on the market by 2030, and plans to sell 3.5 million pure electric vehicles worldwide by 2030.
A liquefied natural gas terminal export project hopes to provide exports to Asia for the abundant natural gas reserves of the Rocky Mountains.
Favorable macroeconomic development will benefit the company
A new report claims that if Wall Street were a country, it would become the fifth largest source of carbon emissions from atmospheric warming between Russia and Indonesia.
KENILWORTH, New Jersey, December 13, 2021/3BLMedia/-Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced the first issuance of USD 1 billion worth of sustainability bonds , The bond...
Hong Kong, Bentonville, Arkansas, December 8, 2021 — Walmart today raised the bar for climate action by creating a supply chain finance program that not only reduces greenhouse gas (GHG) emissions...
Although the mainstream financial community once despised digital currency as a tool for criminals and speculators, the industry has made significant progress in establishing itself as a legitimate and (potentially) world-changing space. Both the prices and users of Bitcoin (BTC) and Ethereum (ETH) have seen substantial growth, but people still worry about the consequences of widespread adoption of cryptocurrencies. In particular, many skeptics and environmentalists have expressed concerns about cryptocurrency mining because it consumes a lot of energy. Cryptocurrency transactions do not store account balances in a central database, but are recorded by a distributed network of miners and are motivated by block rewards.
Climate change is the problem of our time. From policy makers to individuals, each of us has the responsibility to do our part to ensure that sustainability and green practices are implemented throughout society. In fact, governments around the world, from the United States to China, are increasingly taking proactive stances on climate change issues. The recently held 2021 United Nations Climate Change Conference COP26 has become an important part of promoting the realization of the Paris Agreement in terms of climate change. The driving force action of the goal. Companies are also beginning to assume greater responsibilities. Many investors no longer only regard financial performance as a sufficient measure of success-increasingly consider ESG measures, that is, negative externalities, to determine the true value of business activities to society .
The report pointed out that the water consumption in Utah, Colorado and New Mexico may have exceeded the legally permitted range, which indicates a possible reduction in the future.
State park officials said on Monday that after a bold rescue attempt last week, a car that was partially submerged on the edge of Niagara Falls crossed the waterfall this weekend and was not visible from the shore. The car last appeared at around 9pm on Saturday night in the turbulent rapids above the American Falls, when the water level was rising and the wind was blowing. According to a statement from the Department of State Parks, by dawn on Sunday, when the water receded, the car disappeared from the edge of the cliff.
(Reuters)-California on Monday proposed to reduce the rate at which homeowners can sell excess power from rooftop solar panels to the grid, weakening policies that have supported the rapid growth of the renewable energy industry for many years. The California Public Utilities Commission’s statement triggered strong protests from the solar panel installation industry, with supporters warning that such proposals could dim the prospects for new projects and undermine the state’s efforts to combat climate change. However, PUC justified the proposal, saying that it will encourage the solar industry to accelerate battery storage technology so that excess electricity can be kept instead of sold, and at the same time canceling what it says is equivalent to providing dozens of wealthy homeowners Billion dollar subsidy policy. Other public utility taxpayers' expenses. Under the proposed reforms, Californians with new solar installations will see a discount rate on the electricity they sell to the grid, as well as a utility bill of $8 per kilowatt per month to cover the cost of maintaining the grid.
The southern tip of Israel is a rocky desert, where there are a large number of solar panels, when the sun is shining, almost all the source of electricity. Renewable energy from solar and wind energy systems cannot be stored without additional costs-this is the main obstacle to the world's efforts to get rid of polluting fuels and avoid climate disasters. But in Kibbutz Yahel, a small community not far from the Red Sea, residents have begun to use a new technology that can store solar energy cheaply and generate electricity at night. During the day, the excess energy produced by solar panels drives a system in which water is used to condense the air in underground storage tanks.
On Tuesday, a powerful storm slipped south from California, bringing much-needed rain to the drought-stricken state. However, the threat of mudslides in some areas scarred by wildfires also triggered a flood of water. River rescue work and forced evacuation. The National Weather Service reported significant rainfall in many areas of the state. As of early Tuesday, an area of Santa Barbara County, northwest of Los Angeles, had received nearly 7 inches (18 cm) of rainfall.