[SSE plans to invest £40bn in clean energy projects] SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
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  • 2024.06.13 17:51
  • [Junda shares plans to build a 10GW photovoltaic project in Oman]
  • On June 13, 2024, Hainan Junda New Energy Technology Co., Ltd. issued an announcement that the company and the Oman Investment Authority jointly signed the "Investment Intention Agreement". The company plans to invest in Oman to build an annual production capacity of 10GW high-efficiency photovoltaic cells. The investment amount of the project is about US$700 million. The project will be implemented in two phases, 5GW each. Editor/Zhao E
  • 2024.06.13 17:48
  • [Indonesia: By 2028, the installed capacity of rooftop PV will reach 5.7GW]
  • Indonesia's Ministry of Energy and Mineral Resources (EMR) has set a quota for Indonesian state power company Perusahaan Listrik Negara (PLN) to install more than 5.7GW of rooftop photovoltaic systems by 2028. This quota is allocated according to the capacity of Indonesia's power system. Indonesia's Ministry of Energy and Mineral Resources (EMR) has set a quota of 5746MW for the installation of rooftop PV systems between 2024 and 2028:901MW in 2024, 1004MW in 2025, 1065MW in 2026, 1183MW in 2027, and 1593MW in 2028. IESR, a think tank based in Jakarta, Indonesia, said that the current quota does not follow Indonesian Ministry of Energy and Mineral Resources (EMR) Regulation No. 2/2024 for cluster/subsystem allocation. The agency called on the Indonesian Ministry of Energy and Mineral Resources (EMR) to actively promote the "Rooftop PV Ministerial Regulations" and clearly allocate rooftop PV quotas and related mechanisms to consumers. Editor/Xu Shengpeng
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