Singapore

Recent Wood Mackenzie analysis suggests Asia Pacific’s decarbonisation bill could hit US3.5 trillion by 2040. US$3.5 trillion is enough to buy everyone in Sydney a house at Sydney’s inflated housing prices, or alternatively, it’s enough to buy everyone a single avocado toast at a trendy cafe.

Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by 2030.

The Philippines is desperately hungry for rooftop solar PV as it seeks to alleviate itself of energy poverty. Pathways are finally opening up for the vast Southeast Asian nation with investors readying US$20 million to fund four new renewable projects.

The Norwegian solar manufacturer is planning to debut its Alpha Series heterojunction (HJT) modules at next week’s All-Energy event in Melbourne. Touted as the world’s highest power 60-cell solar panels, the new series promises over 20% more energy production than other modules with the same footprint and added value for home owners.

Scientists at Singapore’s Agency for Science, Technology and Research have developed a new method to produce lithium-sulfur based cathodes which exhibit stable performance and high storage capacity over 200 cycles. According to the agency, this represents “a promising step towards the commercialization of lithium-sulfur batteries.”

iSwitch, Singapore’s largest green energy retailer, and one of the city-state’s top three retailers overall, has emerged as the first potential customer for the $25 billion Sun Cable Project. This pledge is the second significant boost for the project in the last week after tech billionaire Mike Cannon-Brookes declared he would help fund the project.

Australian tech billionaire Mike Cannon-Brookes, co-founder of Atlassian Corp, has used the sidelines of the United Nations Climate Action Summit in New York to announce plans to help fund the ambitious 10 GW, $20 billion, Sun Cable Project in the Northern Territory (NT).

The water authority of the city state wants to procure a 50 MW floating solar installation on the Tengeh Reservoir that will be operational by 2021. Details were revealed today by technical consultant DNV GL.

The Dutch banking group will serve as sole mandated lead arranger for the S$50 million loan. A unit of Singapore-based developer Sunseap will use the funds to build a 50 MW portfolio of rooftop PV projects.

Companies keen to offset their carbon emissions will be able to purchase renewable energy certificates at Singapore’s first blockchain-powered marketplace, launched by electricity provider SP Group.