Global technology giant Google this week announced that it has signed an agreement to purchase the output from a 10 MW PV installation in Taiwan. The agreement represents Google’s first move to procure renewable energy anywhere in Asia, and the first agreement made since a recent change to Taiwan’s Electricity Act allowed non-utility companies to buy renewable energy directly.
Bloomberg, Salesforce, Gap Inc., Cox Enterprises, and Workday have teamed up to collectively act as the anchor tenant of a new 100-megawatt solar project in North Carolina. They’ll be able to use the shared solar to offset the energy use of some of their own operations across the country, and the purchase will help increase the share of clean energy flowing through the local grid.
Southeast Asia’s energy demand is expected to grow by two-thirds by 2040, requiring massive investment in new energy generation and transmission. To meet their growing needs, countries have to make pivotal choices. They will either lock the region into a carbon-intensive energy future or open up a more sustainable, flexible path based on renewables and energy trading.
After a year of turbulence for global solar, new capacity installations will break the 100 GW barrier for the first time in 2019, according to consultants Wood Mackenzie. The Scottish energy research company predicted 103 GW of new PV will be installed in the next 12 months.
The Government's move to liberalise the energy sector and to promote renewable energy would make it more affordable for consumers to switch to renewable energy, especially solar energy. The Ditrolic Solar Sdn Bhd CEO said the implementation of the Net Energy Metering and Supply Agreement for Renewable Energy policies makes it cheaper for consumer to switch to solar energy.
India’s renewable energy deployment is expected grow by 50% year-on-year in 2019 with a total of 15,860 MW of installations, according to a report by consultancy firm Bridge to India. The ‘India RE 2019 Outlook report’ described 2018 as a “forgettable year” for the Indian renewables sector, lifted only by a surge in auctions with more than 20GW of capacity awarded.
The government Thursday reaffirmed Vietnam’s desire for a greener energy mix amid the risk of a power deficiency. Environment-friendly coal- and gas-fueled and renewable power plants would make up the mix. While Vietnam faces "obvious risks of an energy shortage in the coming years...it will not sacrifice the environment for economic growth," Deputy Prime Minister Trinh Dinh Dung said.
Since sanctions by the US and EU were lifted, Myanmar has enjoyed relatively strong economic growth. Its economy is slated to accelerate further, driven by a spike in private and public investment and aggressive consumer spending. However, for Myanmar’s economic ambitions to come to fruition, it must first solve its energy challenges – primarily, in meeting the demand for power.