Climate change is such a large and sprawling problem — there are so many forces involved, so many decision makers at so many levels — that solving it can seem hopelessly complex. There are so many options available to policymakers, each with their own fierce constituencies. Where to begin? Which clean-energy policies actually work?
A new Singapore-based firm has set out to build and run clean energy projects across the region. CleanGrid Partners was unveiled yesterday as a collaboration by Singapore's WEnergy Global, consultancy ICMG Partners and energy firm Greenway Grid Global, which is backed by Japanese electricity giant Tokyo Electric Power Company's Tepco PowerGrid.
About 58 greenfield coal-fired power plants are due to come online in Indonesia by 2027, blurring the outlook for renewables development in the country. Despite a good run for Indonesian renewables in 2017, the country is undaunted in its voracious appetite for coal. According to Wood Mackenzie, about 58 greenfield coal-fired power plants are due to come online in the period to 2027.
The year 2019 will mark the tenth anniversary of the first deployment of blockchain technology. Since then, the concept of blockchain was inseparably linked with the world of cryptocurrencies. But the burst of the Bitcoin bubble seems to have resulted in a paradigm shift. While the popularity of cryptocurrencies may have taken a nosedive, the same cannot be said about the technology behind it at all.
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.