Solar farms can take up a lot of space, but there is a solution to this scarcity: floating panels. In nearly a dozen countries around the world, floating solar farms are offering a welcome alternative to ground-mounted modules, with the potential to significantly boost clean energy as the world races to reduce carbon emissions. Large solar farms can now be found on the waters of China, South Korea, Japan, Thailand, Portugal, Singapore and Switzerland. Countries including India and Indonesia are developing such projects, and the world's largest man-made lake may also feature floating solar panels to supplement local hydroelectric power. The floating solar panels use the sun's rays to generate electricity, but the water on which these farms depend also helps cool the panels, making them 15 percent more efficient than ground-based solar energy. Floating solar can complement other renewable energy sources.
The Sirindhorn Dam in Thailand is a hydro-floating solar hybrid system that combines hydroelectric power and floating solar power to generate electricity in both sunny and cloudy days. Southeast Asian countries including China and South Korea have invested heavily in floating solar, and Europe is now its second-biggest market. As water constraints increase around the world, floating solar power may help maintain supplies and reduce the chances of harmful algal blooms. However, whether floating solar will negatively impact wildlife and water quality is unclear. The biggest barrier to adoption is cost, as floating solar systems require anchoring systems to lock them in place. Longi Green Energy Technology Co Ltd, one of the world's largest solar manufacturers, is sending panels into space to test the possibility of harnessing solar power in orbit.
AMPELMANN, a Dutch transport solution provider in the Dutch offshore wind energy company, has opened an office in Taiwan to support the industry in the Asia -Pacific region. The new office will be responsible for business development manager Ramesh Namas Wei, and the latter will promote the expansion of the company's efforts in the area. In the past few months, ampelmann has obtained a number of contracts in Taiwan from its Singapore office, and is glad to walk (W2W) is the first choice for customers to access the offshore platform. Last season, AMPELMANN signed four contracts with different customers to provide its system to the expanded market. It mobilizes two E1000 and two types of A. Considering that the entire team in the area is 15 units, this is a large number of activities.
Sterlite Power has commissioned the Lakadia-Vadodara Transmission Project Limited in Gujarat, which aims to transmit over 5,000 MW of renewable energy from Bhuj and Kutch to the national grid. The Rs 2,024 crore project will link the Lakadia substation with Vadodara through a 335km transmission line. It is an important part of the world's largest 30,000 MW hybrid renewable energy park to be completed in Kutch. Sterlite Power managing director Pratik Agarwal said the project will accelerate India's 500 GW renewable energy vision by 2030.
Redington Ltd has partnered with top solar companies Navitas Solar, Credence Solar, Emmvee Solar and UGRO Capital to distribute energy saving solutions in India. The partnership aims to provide customers with high-quality solar panels. Redington will store the panels in 50 warehouses and provide them to 3,000 solar partners. Navitas offers expertise in solar energy, battery energy storage systems, sealants and solar EPC services and has a manufacturing facility with an annual capacity of 500 MW. EMMVEE supplies solar photovoltaic panels in 30 warehouses.
Redington operates in 38 markets through 60 subsidiaries, more than 290 Navitas Solar associations and 40,000 channel partners. It supports distribution of all categories of IT/ITeS, Telecom, Lifestyle and Solar products.
The Spanish government approved its first decision on Tuesday to develop wind farms in the country's coast, which is an important step towards the development of the offshore industry. The decree allows 5,000 square kilometers of maritime parks to develop sea wind parks in 19 sea. After five years of negotiations with other stakeholders of the maritime department, the designation of regional governments and powerful fishing and tourism industries will be limited to less than 0.5 % at sea popular activities, but each six censorship will be Limit in the offshore wind activities, but it will be limited to the maritime government and strong fishing and tourism industry, but will be limited to the maritime government and strong fishing and tourism industry per six censorship, but will be limited to the maritime field. However, it will be carried out for five years, but each six restrictions and six are divided, but each six censorship will be limited to the maritime government, but each six restrictions and six, but the year of review will be conducted. However, Alfonso Rueda, a conservative region leader in northwestern Caliusia, said that the government ignored Galicia's opinions on the matter and warned that if they endanger fish stocks, he It will not authorize any offshore wind field. Environmental Organization in Northeast Catalonia criticized the plan that built a marine wind farm around the Rose Bay near the French border, and they said they might occupy an area of 250 square kilometers. It is expected that Spain will announce the wind farm developed at the end of ten years this year, and Ferrovial will sign a memorandum of understanding with RWE, a renewable energy developer, to develop the offshore wind farm. A offshore capacity of more than 20 Gava was allowed in 2030.
EU negotiators have struck a landmark deal to create the world's first "green" bond standard, aimed at becoming a global benchmark for investors in the green transition. The European Council and the European Parliament, which represent the 27 EU member states, announced the "world's first green bond standard" late on Tuesday. The European Commission first proposed the idea in July 2021. The standard complies with the Green Label, known in EU parlance as the "taxonomy", or EU legislation that defines which economic activities can be considered sustainable. The European Union aims to be carbon neutral by 2050.
Annual transactions in the European bond market are estimated to be worth 100 trillion euros ($107 trillion). The agreement must now be formally ratified by the council and parliament.