The IEA published its yearly hydrogen analysis reporting that of the 520 GW announced electrolysis projects, 20 GW reached final investment decision, with China leading the way.
The preliminary decision on countervailing duties on cells from companies in Vietnam, Cambodia, Malaysia and Thailand are lower than some expected for several major Chinese producers.
Acquired by Yinson Renewables earlier this year, the project is expected to reach an annual production capacity of 260 GWh.
A new initiative now allows businesses in Malaysia to purchase green electricity directly from renewable energy developers through the national grid. The country’s Ministry of Energy Transition and Water Transformation (PETRA) estimates that it will generate more than MYR 10 billion ($2.4 billion) in direct investments.
Malaysia’s Sustainable Energy Development Authority reports that the 350 MW capacity allocated for residential solar under the net metering initiative has been reached. However, capacity remains available for government buildings, as well as commercial and industrial users under the same scheme.
Solarvest has signed five separate corporate green power agreements (CGPAs) in Malaysia through two joint ventures.
Figures from Malaysia’s Ministry of Energy Transition and Water Transformation state at least 667 net metering consumers have benefitted from the country’s solar rebate programme since its inception in April. The majority have received the maximum MYR 4,000 ($875.61) available.
Researchers in Malaysia have proposed a new approach to identify the optimal power sizing ratio to balance PV energy capture with inverter costs. The calibrated model is said to accurately reflect the relationship between inverter efficiency and real-world system behavior.
Malaysia’s ILB Group Bhd is acquiring Armani Sinar and its solar assets for MYR 98 million ($21 million) in cash. This deal will increase its PV capacity from 13 MW to 30 MW.
Recognizing Malaysia’s potential and aligning with the government’s goal of reaching 40% green energy by 2035, GreenRock Energy has become the first Taiwanese company to participate in the country’s green energy projects.
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