Power Ledger in partnership with Japanese utility, KEPCO, trialed a blockchain-enabled demonstration of P2P transaction for post-FIT surplus power in Osaka, proving the accuracy and consumer acceptance of Power Ledger’s leading-edge technology in Japan in addition to Australia. The trial proved P2P surplus power transaction to be completed autonomously and automatically including settlements with cryp ...

Swiss private equity firm Partners Group has invested an undisclosed amount in Australia’s Bango Wind Farm, the investment manager’s third wind farm investment in the country under its Grassroots Renewable Energy platform. Bango Wind Farm is a 244-megawatt construction-ready project in New South Wales with a total project value of A$500 million ($337.5 million). It will be the first wind farm in the world t ...

The power industry is expected to hold the largest share of the utility drones market.The renewable industry is estimated to grow at the fastest rate during the forecast period.North America is the leading market for utility drones regionally. The Utility Drones Market is projected to reach $538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Drones that are mainly used for utilities ins ...

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Solar Energy Storage Market will surpass an annual installation of 3 GW by 2025. Rising demand for effective battery composition to cater across a hoard of transport and renewable energy-based applications have infused a competitive business scenario.  Advent of EV’s favore ...

The first 5-in-1 Power & Energy Series Gears Up for the Largest Power, Energy and Utilities Show in Asia Hosted by the nation’s premier power supplier, Tenaga Nasional Berhad (TNB)Asian Utility Week is being brought together with POWERGEN Asia, DISTRIBUTECH Asia, SolarVision and Energy Capital Leaders Asia under one roof for the first time Kuala Lumpur,6 August 2019 – Clarion Energy has announced the in ...

Jakarta: Electricity was on Monday morning beginning to return to parts of Jakarta, more than eight hours after a massive power failure hit the Indonesian capital and surrounding cities, potentially affecting more than 30 million people. But large sections of the capital remained in darkness into the morning – as did some nearby cities – as authorities scrambled to restore electricity services. In some area ...

The second term of Prime Minister Narendra Modi is the beginning of the most crucial period in the history of India’s water sector. All the alarms raised by experts, media and common citizens are coming to pass. As city after city moves closer to Day Zero, the land of rivers, lakes, wells and tanks fed by a bounteous monsoon is on the verge of becoming the biggest victim of mindless, non-strategic developme ...

Continuously falling battery costs, and rising capacity and usage of clean energy are set to result in booming global stationary energy storage over the next two decades, which will require total investments of as much as US$662 billion.   That’s one the key findings of the latest report on new energies by research company BloombergNEF (BNEF) published this week. Energy storage installations ...

The operation of dams along the Mekong River is exacerbating conditions in a particularly dry year and choking off a lifeline for Thailand, Cambodia and Vietnam. Meteorologists in Thailand forecast that 2019 will turn out to be the driest in at least a decade. In the Lower Mekong countries of Thailand, Cambodia and Vietnam, many are also pointing their fingers north to China and Laos for "switchin ...

Wärtsilä remains tight-lipped on the exact location of a hybrid power plant 100MW / 100MWh energy storage in Southeast Asia which will “leverage abundant wind and solar resources”. The company has signed an engineering, procurement and construction (EPC) contract with an unnamed customer. Wärtsilä SE Asia regional director Nicholas Leong said that the project “will help the Association of Southeast Asian Na ...