Renewable Energy - Global
Websites/Multiple Documents
Description:
About 603,000 results (November 2017)
Source/publisher:
Youtube
Date of entry/update:
2017-11-04
Grouping:
Websites/Multiple Documents
Category:
Renewable Energy - Global
Language:
English
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Individual Documents
Description:
"Solar energy startup Cygni, an Indian Institute of Technology, Madras incubatee company, is looking to break into the lucrative export markets in Myanmar and Bangladesh.
The company, which manufactures solar power backup and DC (direct current) micro-grid solutions, apart from battery for electric vehicles at its Hyderabad plant, is planning to explore the offshore markets from the next 2020-21 financial year, Cygni Energy CEO Venkat Rajaraman told Business Standard here on Wednesday. “While we are targetting to double our revenues from nearly Rs 100 crore in 2018-19 to more than Rs 200 crore this fiscal year, we are targetting to export our products in the neighbouring countries of Myanmar and Bangladesh,” he informed.
In 2018, the company had raised an equity funding of $US 6.4 million (roughly Rs 45 crore) from Endiya Partners for its expansion.
“We have invested Rs 25 crore in our manufacturing facility, which has a current plant load factor of nearly 60 per cent,” he said adding more funds would be invested to ramp up the installed capacity and towards the research & development (R&D) going forward. The R&D unit is situated in the IIT Madras campus, he said.
Meanwhile, Cygni has launched its new range of products in the Uttar Pradesh market, which Rajaranman noted was the largest yet ‘challenging’ market for the company, owing to the emphasis on the affordability factor. Cygni battery caters to both the e-rickshaw and e-scooter categories, while it also offers energy solutions for homes and offices, he said.
“The USP of Cygi is the ‘value for money’, energy efficiency and technologically advanced energy solutions propositions for the customers.”..."
Source/publisher:
"Business Standard" (New Delhi)
Date of publication:
2020-01-29
Date of entry/update:
2020-01-30
Grouping:
Individual Documents
Category:
Renewable energy Myanmar, Renewable Energy - Global, Sustainable/alternative development in and for Burma
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more
Description:
"Solar energy is just beginning to gain some traction in Myanmar, a country that has been gradually opening up its economy and society to the world since 2011. Demand for energy has been growing fast, in parallel with the ASEAN (Association of Southeast Asian Nations) member’s economy, and solar energy is competing against a variety of conventional, as well as alternative low- or zero-carbon, energy resources for its share of Myanmar’s energy mix.
Renewable energy, in the form of large-scale hydroelectric power, already accounts for around 60%, the single largest share, of Myanmar’s electricity generation mix. The country also has an abundance of natural gas, an important export and the source of hard, foreign currency export revenues, as well as domestic power generation.
Solar could play a big role in achieving Myanmar’s energy access, renewable energy and climate change goals, as well as go a long way towards setting Myanmar firmly on a sustainable development pathway, however. Levels vary widely across this geographically diverse Southeast Asian nation, but on the whole, Myanmar is endowed with an abundance of solar energy resource potential, an average solar irradiance of 4.5–5.1 kilowatt-hours per square meter per day (kWh/m2/day).
“Myanmar has incredible potential for solar energy: the International Growth Centre has estimated Myanmar’s solar potential to be 51.973 TWh (terawatt-hours) annually,” according to FinerGreen and ABO Wind, the authors of the SolarPower Europe Emerging Markets Task Force’s Myanmar research report, which was released in May..."
Source/publisher:
"Solar Magazine"
Date of publication:
2019-12-12
Date of entry/update:
2019-12-14
Grouping:
Individual Documents
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Description:
"Myanmar is reportedly planning to open fresh bids for its oil and gas blocks to international companies. In the last few years, the Myanmar government has taken concrete steps to restructure its energy sector and has identified natural gas as an important component of its energy master plan.
This is a welcome development for India, which has substantial experience of operating in Myanmar’s energy sector. Besides, both India and Myanmar are keen to expand the scope of cooperation in the realm of energy sector. Earlier, though India could not secure the deal to build a gas pipeline from Myanmar to India’s eastern region, India has continued to remain engaged with the energy sector of its eastern neighbour. For instance, India has positioned itself as a key stakeholder in the China-Myanmar gas pipeline. The indication of possible bidding rounds for energy blocks this year can provide an opportunity for India to leverage its experience of having operated in Myanmar for more than a decade. India now has a good understanding of the political economy of energy development and the nuances of decision making in Myanmar.
But having said that, India must be careful and not underestimate the regional complications that might impact India-Myanmar energy relations. The issue of Rohingya refugees has historically existed between Bangladesh and Myanmar, but the magnitude of the problem has substantially increased in recent years. Also, the possibility of gas trade between India and Myanmar would be contingent upon the “availability of surplus energy” with the latter, as argued by ORF researchers Anasua Basu Ray Chaudhury and Pratnashree Basu in their research paper..."
Source/publisher:
"Observer Research Foundation (ORF)" (India)
Date of publication:
2019-01-24
Date of entry/update:
2019-11-30
Grouping:
Individual Documents
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Description:
"A new IFC study shows there is significant potential for distributed solar solutions in the commercial and industrial sectors in Myanmar, presenting businesses an opportunity to bring down their power costs, as well as their climate impacts, according to a press release.
The Myanmar Distributed Generation Scoping Study estimates there are more than 700 megawatts worth of potential commercial and industrial solar projects in the country, equivalent to around 10 percent of the existing electric power generating capacity in the country. And it says solar is now cost competitive with other sources of electricity for many commercial and industrial businesses, providing a viable addition to help diversify Myanmar’s sustainable energy mix.
Myanmar needs to provide electricity to more than half of its population who are not connected to the national electricity grid and lack reliable electricity. Power outages are still common. Access to reliable electricity is a key challenge for businesses which are forced to rely on expensive costly, polluting backup diesel generators. The study found that businesses were getting an average of around 10 percent of their power from diesel due to frequent power cuts..."
Source/publisher:
"Mizzima" (Myanmar)
Date of publication:
2019-11-15
Date of entry/update:
2019-11-15
Grouping:
Individual Documents
Category:
Renewable Energy - Global, Renewable energy Myanmar, Burma/Myanmar's relationship with the Global Economy
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more
Description:
"The state-run Electricity Generating Authority of Thailand (Egat) is planning to talk with power authorities in Cambodia and Myanmar to trade electricity from Thailand at a combined capacity of 500 megawatts.
Patana Sangsriroujana, deputy governor for policy and planning, said Egat has been ordered by Energy Minister Sontirat Sontijirawong to talk with the two governments about future power trading.
"The sales to Cambodia will happen quicker than Myanmar because some transmission lines have been developed in Cambodia," said Mr Patana. "Myanmar requires new investment for power infrastructure."
He said the electricity trade to both countries should begin by 2023. The energy ministers of the three countries need to agree on a contract.
Mr Patana said the Laos government is also interested in trading power to Cambodia and Myanmar under its Battery of Asia policy..."
Source/publisher:
"Bangkok Post" (Thailand)
Date of publication:
2019-11-05
Date of entry/update:
2019-11-05
Grouping:
Individual Documents
Category:
Burma/Myanmar's relationship with the Global Economy, Renewable Energy - Global, Burma's economic relations with Thailand, Thailand-Burma relations
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Description:
"Ever since Myanmar undertook a series of political, economic and administrative reforms in 2011, the country’s economy has steadily improved. According to data from the Asian Development Bank (ADB), Myanmar is enjoying some of the highest growth rates in the region. The ADB predicts that the country’s gross domestic product (GDP) will grow by eight percent, higher than any other country in Southeast Asia.
Similar to other Southeast Asian nations at the moment, Myanmar is also pushing for an upgrade on its infrastructure. One of the main infrastructure projects underway is the upgrading of the Yangon Circular Railway. Myanmar is also developing three Special Economic Zones to increase foreign direct investment into the country.
More recently, however, The International Monetary Fund (IMF) warned that Myanmar’s economy “appears to be losing momentum”.
Nevertheless, with major plans for the future, Myanmar’s energy demands are expected to grow concurrently with its development. According to the Ministry of Electricity and Energy, energy demand is expected to increase at 15 percent annually, double that of the forecasted economic growth. Meanwhile, the Japanese International Co-operation Agency (JICA) – Myanmar’s largest source of official development assistance (ODA) – is expecting demand for electricity to multiply fivefold to 15 gigawatts (GW) by 2030..."
Source/publisher:
"The ASEAN Post" (Malaysia)
Date of publication:
2019-04-30
Date of entry/update:
2019-10-25
Grouping:
Individual Documents
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Topic:
Energy
Topic:
Energy
Description:
"Myanmar’s launch of its first commercial solar plant last month is a step in the right direction for a country that has yet to provide more than half of its citizens with proper access to electricity.
Constructed on over 836 acres of land, an area equivalent to almost 530 football fields, the Minbu Solar Power Plant will be ASEAN’s largest solar power plant according to Thailand’s META Corporation – the project’s contractor and developer.
Although the project has been hailed as ground-breaking, there is still a long way to go before Myanmar achieves its goal of 100 percent electrification by 2030. The power plant will have a total capacity of 170 megawatts (MW) and is capable of producing 350 million kilowatt hours (kWh) annually, electrifying about 210,000 households. Constructed in four stages, the completion of the plant’s first stage now allows it to produce up to 40 MW of electricity..."
Source/publisher:
"The ASEAN Post" (Malaysia)
Date of publication:
2019-07-28
Date of entry/update:
2019-10-25
Grouping:
Individual Documents
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Source/publisher:
TED/Patreon
Date of publication:
2018-00-00
Date of entry/update:
2018-02-23
Grouping:
Individual Documents
Category:
Renewable Energy - Global
Language:
more
Description:
"...New renewable generating capacity broke the 100GW barrier in 2014, equivalent to the entire fleet of nuclear power plants in the US, a UN report shows.
Global investment in renewable energy during 2014 increased by 17% from 2013 levels to US$270bn (£183bn).
Investors have been attracted by the increasing cost effectiveness and low risk of the solar and wind sectors.
The analysis has been published by the UN Environment Programme (Unep) and Bloomberg New Energy Finance..."
Source/publisher:
UNEP, Bloomberg via BBC News
Date of publication:
2015-03-31
Date of entry/update:
2018-02-23
Grouping:
Individual Documents
Category:
Renewable Energy - Global
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