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TF ESC-B20 creates first green industrial area in Southeast Asia

indie
3 minutes

JAKARTA, Nov 14, 2022 - (ACN Newswire via SEAPRWire.com) - The Energy, Sustainability, and Climate Business 20 Task Force (TF ESC-B20) has successfully created the First Green Industrial Area in Southeast Asia.Pertamina Headquarters (ANTARA/HO)In a statement released on Saturday, the green industry area acts as an industrial decarbonization effort, which has become an important step not only for the industry but also the cluster.Chair of the TF ESC-B20 Nicke Widyawati said that supporting decarbonization will accelerate the achievement of net zero emission that is targeted by Indonesia in 2060.Supporting the development of green industry clusters will also attract more foreign investment in the future, encouraging national economic growth and create jobs."Decarbonization of the Industrial Cluster allows us to apply an integrated approach to the transition to net zero," said Nicke Widyawati, Chair of TF ESC-B20 who is also CEO and President Director of Pertamina, in Bali, Friday (11/11).She continued that one of the important pillars of decarbonization is energy efficiency and circularity, using emerging technologies such as modernization of energy-efficient equipment and components...

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Pertamina, Keppel, Chevron to explore green hydrogen projects

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3 minutes

JAKARTA, Nov 12, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, primarily in Sumatra.Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, specifically Sumatra. (ANTARA/Pertamina)"The development of green hydrogen and green ammonia has an important role in Indonesia's Net Zero Emissions road map," Pertamina NRE CEO Dannif Danusaputro said on Saturday.Given the existing potential, Indonesia is expected to play a key role in green hydrogen production in Asia, he added.We are excited about this strategic collaboration because we believe Keppel and Chevron are leading companies that share the same vision of energy transition as we do," he added.The collaboration was also welcomed by Keppel Infrastructure CEO Cindy Lim, who expressed her satisfaction over the agreement.Indonesia is a country with large resources of high renewable and low carbon energy potential, she noted.Therefore, she said she is pleased to be working with industry leaders,...

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Hitachi Energy to provide world’s first SF6-free 420 kV gas-insulated switchgear technology at TenneT’s grid connection in Germany

ruth
4 minutes

ZURICH, SWITZERLAND, Nov 10, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy announced today it will provide the world's first sulfur hexafluoride (SF6) free 420-kilovolt (kV) gas-insulated switchgear (GIS) technology and a state-of-the-art modular prefabricated grid connection solution at a key node at TenneT's power grid in Germany, supporting the leading European grid operator to achieve its carbon neutrality goals.This project covers a major grid connection upgrade which significantly extends the operating life of existing power assets to ensure the longevity and continued efficiency of the existing power infrastructure. The global technology leader will deliver innovative EconiQ 420 kV(1) GIS that uses a game-changing technology that eliminates SF6 with reliable and scalable solutions for the lowest carbon footprint.TenneT is a major transmission system operator in the Netherlands and Germany, supplying power to some 42 million homes and businesses in both countries. The company aims to be a driving force behind the energy transition by investing in eco-efficient technologies to reduce greenhouse gas emissions. As a transmission system operator, TenneT is a key player...

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Aim to become world-class geothermal electricity producer: Pertamina

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3 minutes

JAKARTA, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu Area in Tanggamus, Lampung. (ANTARA/HO-PGE)"We aim to become a world-class player in the geothermal sector. There is an opportunity for that ... since, so far, the geothermal potential utilized is still less than 10 percent of the total owned by Indonesia," said Oki Muraza, senior vice president of research technology and innovation at Pertamina.He made the remarks during a discussion at the Indonesian Pavilion on the sidelines of COP27 in Sharm el-Sheikh, Egypt, on Tuesday (November 8, 2022).Indonesia has nearly 24 gigawatts (GW) of geothermal potential, but less than 10 percent of it has been utilized, he noted. Therefore, Pertamina sees a great opportunity to further increase the capacity of geothermal utilization in the country to generate green electricity, he added.Efforts to increase geothermal-based electricity capacity ...

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Prontoblock and EPIC ESG Partner to Launch a DAO and Issue On-Chain Green Bonds to Finance Clean Energy Solutions

indie
3 minutes

NEW YORK, Nov 10, 2022 - (ACN Newswire via SEAPRWire.com) - The on-chain tokenized green bonds issued by Prontoblock will be one of the first such offerings in the United States. Moody's forecasts that the issuance of green bonds could total $1 trillion in 2022.New York, November 8, 2022 -- Prontoblock, an innovative blockchain and Web3 company, will partner with EPIC ESG to utilize smart contracts in the form of Non-fungible Tokens (NFTs), and introduce utility tokens to support the structure of on-chain green bonds for large-scale projects. Prontoblock will issue approximately $300 million in notional value in the form of on-chain green bonds to support EPIC ESG's take out needs for the company's clean energy projects. According to a 2022 report by McKinsey, capital spending on physical assets for energy and land-use systems required to decarbonize the global economy and to achieve net-zero emissions by 2050 are estimated to be $9.2 trillion annually, and $275 trillion in total.EPIC ESG's clean energy, carbon sequestration and disruptive agricultural solutions address pressing green energy challenges within the United States. To fund and manage these solutions, Prontoblock will l...

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Pertamina increases geothermal capacity for its emission reductions

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3 minutes

JAKARTA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - Indonesian state-owned oil and gas company Pertamina has ramped up its geothermal energy capacity as one of the important efforts in achieving its carbon emission reduction target significantly.Pertamina head office building (ANTARA/HO-PT Pertamina)During a discussion at the Indonesian Pavilion on the sidelines of the COP-27 event in Sharm el-Sheikh, Egypt, on Monday, Pertamina Geothermal Energy CEO Ahmad Yuniarto explained that the energy company has supported and will continue to extend support to the Indonesian government's measures to achieve net zero emissions by 2060.Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.He also highlighted that the latest National Electricity General Plan carried out to add more installed geothermal capacity in Indonesia will provide significant reduction in carbon emissions in the country."We have the opportunity to make a cumulative reduction of up to 1,200 million tons of carbon emissions equivalent," Yuniarto ...

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Hitachi Energy and Equinor sign a strategic collaboration agreement to accelerate the energy transition

ruth
4 minutes

TOKYO, Nov 9, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has signed a strategic collaboration agreement with Equinor, one of the world's largest energy companies, to collaborate within electrification, renewable power generation and low-carbon initiatives worldwide.The agreement underlines both companies' commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system. It builds on the two companies' long and successful collaboration over many decades. During that time, Hitachi Energy has provided Equinor with power grid solutions and pioneering technologies on several projects, such as Dogger Bank A, B and C, the world's largest offshore wind farm on completion, and Troll A, the world's first HVDC power-from-shore connection.Initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct current (DC) and alternating current (AC) transmission systems to connect offshore wind farms and Equinor production facilities to mainland power grids."We are delighted t...

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PLN has successfully reduced 32 million metric tons of carbon emission in 2022

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2 minutes

Sharm El Sheikh, Egypt, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - PT PLN (Persero) has succeeded in reducing 32 million metric ton GHG carbon emission in 2022 (as of September 2022). This achievement was delivered by President Director of PLN, Darmawan Prasodjo on Decarbonizing Energy Sector for Net Zero Indonesia Pavilion agenda at COP 27 held in Egypt on Monday (7/11).President Director of PLN, Darmawan Prasodjo"I'm proud to say here that we have succeeded to reduce 32 million metric tons CO2 emission in 2022, surpassing our nationally determined contribution (NDC) target," said Darmawan.He explained, to achieve this, PLN conducted a holistic approach to decarbonize its business including expanding renewable energy capacity for power generation, utilizing heat waste from gas plants to generate electricity, using more efficient Coal Fired Power Plants, and implementing biomass co-firing to reduce coal use."We are doing our best and moving as far as we can. Last year, 13 gigawatts (GW) of planned Coal Fired Power Plants was taken out from our business plan, hence we spared 1.8 billion metric tons CO2 emission for the next 25 years," he said.Darmawan acknowledges those effort...

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Pertamina develops green business to support emission reduction

indie
3 minutes

JAKARTA, Nov 9, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina develops a number of green business initiatives to support Indonesia's goal to achieve net zero emission by 2060.CEO of PT Pertamina Power Indonesia Dannif Danusaputro (ANTARA/HO-Humas PT Pertamina)The company has been investing in biofuels, renewable energy, carbon capture, utilization and storage, battery and electric vehicles, hydrogen as well as the carbon business."Pertamina is committed to supporting the Indonesia government's commitment to achieve net zero by 2060 or sooner. Therefore, our business strategy consists of two pillars, namely decarbonizing our core business and developing a green business," CEO of Pertamina Power Indonesia Dannif Danusaputro stated at the Indonesia Pavilion at COP27 in Sharm El Sheikh, Egypt, on Sunday (November 6).He explained that Pertamina committed to allocating 14 percent of the projected 2022-2060 capital expenditure of US$70-80 billion US for the development of clean, new and renewable energy (NRE).This commitment is in line with efforts to use domestic resources to supply domestic energy towards green development and decarbonization.Pertamin...

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Green business to reduce 26 million tons of CO2 by 2060: Pertamina

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3 minutes

JAKARTA, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction."Pertamina targets New Renewable Energy (NRE) capacity to reach 60GW from solar, hydro, wind power and geothermal, to be able to meet 15 percent market share in 2060," the company's President Director and CEO Nicke Widyawati said in a panel discussion of COP27 in Sharm El Sheikh, Egypt, on Sunday (November 6).It also has a battery production capacity of up to 80 GWh, and sales of 800,000 two-wheel electric vehicles with 1.5 TWh charging station in 2060, as well as an increase in hydrogen energy with an optimal capacity of 3 MTPA.Through the development of the green refinery, Pertamina is committed to increasing the production capacity of biofuels from the current 3,000 bpd to 200,000 bpd in 2060 by focusing on hydrotreated vegetable oil (HVO) and hydro-processed esters and fatty acids (HEFA)."We are also targeting to be able to produce up to 600,000 bpd of B30 and A20 by 2060," Widyawati noted.Considering Indonesia...

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Hitachi Energy provides highly secure, always-on connectivity to enable grid modernization and advanced smart city applications

ruth
5 minutes

ZURICH, SWITZERLAND, Nov 3, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy introduced the TRO610 cellular router that provides state-of-the-art communications and cybersecurity, purpose-built to support industrial internet of things (IIoT) applications for utilities, smart cities, oil & gas, manufacturing, and mining operations. The TRO610 is part of Hitachi Energy's wireless communication portfolio(1) of high availability, high reliability, high throughput, and low latency products to future-proof mission-critical industrial and utility operations.TRO610 cellular routerAs intelligent field devices permeate across power distribution networks, the TRO610 provides greater efficiency by enabling a wider variety of edge compute applications. With advanced capabilities like edge computing and multiple secure connectivity options, the TRO610 lays the foundation for grid modernization and future grid applications."Advanced connectivity options play a significant role as utilities and industries increasingly adopt technology solutions either on-premise or via the cloud to digitalize and improve operations in an environmentally sustainable manner," said Massimo Danieli, Managi...

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Long list achievement of PLN enabling energy transition in Indonesia

indie
3 minutes

JAKARTA, Nov 2, 2022 - (ACN Newswire via SEAPRWire.com) - PT PLN (Persero) committed to achieve net zero emission in 2060. To date, several positive achievements has been taken as an effort to support clean energy.President Director PLN Darmawan Prasodjo explained, PLN has launched a CFPP (PLTU) retirement roadmap of 6.7 Gigawatt (GW), which consists of 3.2 GW natural retirement based on the economic life of Coal Fired Power Plant and 3.5 GW conditional early retirement in 2040.In addition to early retirement, PLN has decreased the capacity of CFPP at Corporate plan (RUPTL) from 27 GW to 13.9 GW. "Us, in PLN committed to support government's program to actualized clean energy. By that, PLN takes a quick step." said Darmawan on Energy Transition Day in Nusa Dua, Bali on Tuesday (1/11).One of PLN's efforts to decrease coal usage on its power plant is to implement biomass co-firing. This scheme has been implemented at 33 coal fired power plants since 2021, which have successfully reduced 656 kton CO2 emission (as of September 2022).Co-firing scheme with hydrogen and ammonia are also in process of implementation. Currently there are 3 pilot project of co-firing hydrogen and ammonia wit...

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Toyota: Construction and Launch of a Large-capacity Sweep Energy Storage System from Reused Electrified Vehicle Batteries Connected to the Electrical Power Grid

ruth
3 minutes

Toyota City, Japan, Oct 27, 2022 - (JCN Newswire via SEAPRWire.com) - JERA Co., Inc. (JERA) and Toyota Motor Corporation (Toyota) announce the construction and launch of the world's first (as of writing, according to Toyota's investigations) large-capacity Sweep Energy Storage System. The system was built using batteries reclaimed from electrified vehicles (HEV, PHEV, BEV, FCEV) and is connected to the consumer electrical power grid. It begins operation today.In the future, demand for storage batteries is expected to grow as they become necessary supply-stabilizing tools when expanding renewable energy in the movement toward CO2 emissions reduction, a vital part of achieving carbon neutrality. At the same time, limited supplies of battery materials including cobalt and lithium, mean there is an ongoing need for environmentally conscious initiatives, such as reclaiming used electrified vehicle batteries for effective use as storage batteries. In response, JERA and Toyota began discussions in 2018 to establish battery reuse technologies, which eventually led to this large-capacity, grid-connected Sweep Energy Storage System.Toyota's new storage system is equipped with a function call...

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Samaiden Group Signs Partnership Agreement with Taiwan-based Monitoring Solution Provider Thingnario

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3 minutes

PETALING JAYA, Malaysia, Oct 14, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad (Bursa: SAMAIDEN, 0223), a clean energy solution specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power, is pleased to announce that the Group's wholly-owned subsidiary, Samaiden Sdn Bhd, has signed a partnership agreement with Thingnario Ltd. today, to explore the opportunity in providing telemetry monitoring system support to the Renewable Energy (RE) as well as the Energy Efficiency (EE) businesses of Samaiden Group within Malaysia.Mr. Fong Yeng Foon，Executive Director of Samaiden Group Berhad; IR Chow Pui Hee, Group Managing Director of Samaiden Group Berhad; Mr. Andy Hong Min Ping, Regional Manager, South Asia, of Thingnario Ltd; Mr. Lin Han Ting, Regional Manager, South Asia, of Thingnario Ltd [L-R]Artificial Intelligence (AI) based system provider, Thingnario, is a company founded in 2016 and headquartered in Taipei, Taiwan. It owns the "Photon" intelligent solar monitoring system that has successfully served 3,500 sites with an aggregate capacity of 1.5GW across 10 countries in 2022.Group M...

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CALB’s listing on the Hong Kong Stock Exchange makes it a premium target with outstanding high growth certainty on the gold track

indie
4 minutes

HONG KONG, Oct 6, 2022 - (ACN Newswire via SEAPRWire.com) - On October 6, CALB Co., Ltd. (3931.HK), a giant in the EV battery industry, was officially listed on the Hong Kong Stock Exchange and became the first new energy EV battery enterprise in Hong Kong. During the offering period, the first day of the international placement of CALB has realised oversubscription. In addition, the IPO of CALB also attracted 15 cornerstone companies, including Tianqi Lithium (002466.SZ), Han's Laser Technology (002008.SZ), XPeng-W (09868.HK) and vivo, to subscribe for more than 40% of the global offering shares, almost covering the entire new energy vehicle industry chain, which fully proves that the industrial capital is optimistic about the development prospects of CALB.The high level of prosperity of the industry will continue, and the short-term adjustment will not change the long-term trendFrom the industry level, with the establishment of the dominant position of new energy development in several major global economies, the global new energy vehicle market has grown at a high speed and the penetration rate has continued to increase. According to Frost & Sullivan, the global sales volume...

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SEA Solar & Energy Storage Leaders to Gather in Thailand

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3 minutes

BANGKOK, THAILAND, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - SEA's 2025 target to have 35% of total power capacity from renewable energy sources is expected to be supported by the strong solar and Energy Storage sector growth. How exactly should the quota availability be matched?Energy Box are organizing Solar Energy Storage Congress SEA scheduled on December 6, 2022.The congress will invite the ASEAN government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA's solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets. Including cutting-edge trends in its new energy market.Event details:Place: Bangkok, ThailandEvent access: www.energy-box.com/congress-sea-2022Event Agenda: Honored Speakers (confirmed/inviting)1. Patana Sangsriroujana , Deputy Governor, EGAT2. Mark Hutchinson ，Chair, Southeast Asia Task Force at Global Wind Energy Council (GWEC)3. Diala Hawila-Programme Officer at International Renewable Energy Agency (IRENA)4. Pimpa Limthongkul，President at Thailand Energy Storage As...

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BayWa r.e. Eyes Expansion of Standalone Power Systems in Australia

indie
4 minutes

PERTH, W AUSTRALIA, Sep 29, 2022 - (ACN Newswire via SEAPRWire.com) - BayWa r.e., the global energy developer, service provider, and distributor, is looking to expand its offering on Standalone Power Systems (SPS) to more regions in the State of Western Australia, and in the future, nationally, to different market sectors that require remote or standalone power.This follows the company's success in providing SPS to farming, mining, business communities and homeowners in parts of rural Western Australia at the beginning of 2018, who have greatly benefited from this innovative and cost-effective power source.According to Western Power, the state owned corporation responsible for providing electricity in Western Australia, Western Australia has one of the largest isolated electricity networks in the world, and the provision of SPS at several sites in rural Western Australia in a trial exercise, helped ensure that the customers received adequate power supply.Mr. Durmus Yildiz, Managing Director at BayWa r.e. Solar Systems Australia said "We are proud to be a part of powering the remote communities in the State of Western Australia and to be able to put our expertise in energy solutions...

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MHI and Institut Teknologi Bandung Launch Joint R&D for Ammonia-Fired Power Generation Using Gas Turbines in Indonesia

ruth
4 minutes

TOKYO, Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with Indonesia's Institut Teknologi Bandung (ITB) to conduct joint research and development of ammonia-fired power generation by gas turbine. MHI and ITB have already been undertaking joint research on a variety of clean energy solutions to help Indonesia achieve decarbonization. As part of that ongoing initiative, this new research will apply ITB's expertise in chemical reaction engineering to optimize power generation using ammonia fuel. Following demonstration testing with MHI's H-25 gas turbine, the R&D partners will work towards commercial application of ammonia-fired power generation in Indonesia.[Pictured from left to right] Junichiro Masada (Senior Fellow and Senior General Manager, Energy Transition Division/MHI), Prof. I Gede Wenten (Vice Rector/ITB) and Dr. Yuli Setyo Indartono (Chairman of Institute for Research and Community Services/ITB) at signing of agreement on Joint R&D for Ammonia-Fired Power Generation Using Gas Turbines in IndonesiaIn 2020, MHI and ITB concluded a memorandum of understanding (MOU) for joint research on next-generat...

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Olympus Launches THUNDERBEAT Energy Device for Open Surgery

ruth
4 minutes

TOKYO and CENTER VALLEY, PA., Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - Olympus Corporation (Olympus), a global medtech company committed to making people's lives healthier, safer, and more fulfilling, today announced the release of the THUNDERBEAT(TM) Open Fine Jaw Type X surgical energy devices for open surgery. With a new thermal shield, the THUNDERBEAT Open Fine Jaw Type X surgical energy device is designed to support safer procedures.[i] The device is available commercially in Japan. The commercial launch of the product in Europe, the U.S., and South Korea is expected in October 2022, with continued launches in other countries and regions following.This device is part of Olympus' THUNDERBEAT portfolio of hybrid energy devices that deliver both ultrasonic and bipolar energy simultaneously for tissue management, including hemostatic cutting and dissection, in laparoscopic surgery and open surgery. The THUNDERBEAT hybrid devices eliminate the need for multiple instruments during the surgery, contributing to efficiency in the operating room and reduced operation time.[ii]"This latest addition to our differentiated THUNDERBEAT line of products continues to deliver on Olympu...

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Keppel, MHI and DNV Sign Agreement to Explore Adoption of Ammonia-fired Gas Turbine on Jurong Island

ruth
4 minutes

TOKYO, Sep 28, 2022 - (JCN Newswire via SEAPRWire.com) - In a Memorandum of Understanding (MoU) signed yesterday, Keppel New Energy Pte Ltd, a wholly owned subsidiary of Keppel Infrastructure; Mitsubishi Heavy Industries, Ltd. (MHI); and DNV, a global independent energy expert and assurance provider, announced a strategic collaboration to explore the feasibility and implementation of an ammonia-fired gas turbine on Jurong Island, Singapore.Signing CeremonyThe MoU will see the three companies work together to perform a high-level Quantitative Risk Assessment to explore the use of 100% ammonia as a fuel for a gas turbine or combined cycle gas turbine (CCGT) - towards the potential development of an Ammonia Power Plant.Under the MoU, Keppel will study the feasibility of an ammonia fuelled power plant, while MHI, with support from its power solutions brand, Mitsubishi Power, will develop an ammonia-fired gas turbine that produces carbon-neutral power to pursue the expansion of the ammonia fuel supply chain in Singapore. Alongside this, DNV will lend its assurance and risk management expertise to prepare and present a QRA analysis on the project.Takao Tsukui, General Manager, Internatio...